Environmental Accounting

INTRODUCTION
Environmental Accounting is defined as an important tool for understanding the role played by the environment in the economy as a mutual relationship is identified between the two. Environmental accounting prepares accounts that exhibit the cost of environmental conservation during the normal course of business. This article highlights the growing importance of environmental accounting, lists the countries adopting it and finally explains its various methods.
The relationship between the environment and economy is close and mutually beneficial. Environmental accounting is an…