What is green accounting ?
Answers
Explanation:
Green accounting is a type of accounting that attempts to factor environmental costs into the financial results of operations. It has been argued that gross domestic product ignores the environment and therefore policymakers need a revised model that incorporates green accounting.
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Answer:
green accounting is a type of accounting that attempts to factor environment cost into the financial results of operation. It has been argued that Gross Domestic Product ignore the environment and therefore policy makers needs a revised model that incorporates green accounting. the major purpose of green accounting is to help business understand and measure the potential quid pro quo between traditional economics goals and environnement goals. it also increases the important information available for analyzing policy issues, especially when those vital pieces of information are often overlooked. green accounting is said to only insure weak sustainability, which should be considered as a steps toward ultimately a strong sustainability.