Question

Green accounting can play a crucial role in the​

Answer 1

Green accounting can play a crucial role in setting the environmental objectives of an enterprise.

• Green accounting represents an accounting method seeking to include the environmental value element in the operating financial results.
• The key aim is to help an enterprise properly consider and efficiently handle the possible substitution between conventional economic objectives and environmental objectives.
• It refers to the adjustment to integrate the use or loss of essential resources. Further, it remains a critical method for helping to manage natural resources, and the environmental and operating costs.