GREEN ACCOUNTING PRESENTED BY , Balaji Diwash Kuldeep Soumya Shreya Varshini
AGENDA SLIDE 1. Introduction 2. Meaning 3. Features 4. Prons and Cons 5. Types 6. Trends 7. Significance 8. Conclusion
GREEN ACCOUNTING Accounting System Costs and Benefits of environment
FEATURES : 1. Incorporates Environmental Costs 2. Quantifies Environmental Benefits 3. Improves Transparency 4. Assists with Planning & Decision Making 5. Enhances Financial Performance
PROS CONS Discloses utilisation of natural resources. 2. Social contribution by corporates. Environmental protection . 1. Non-recognition of environmental expenditure 2. Non-marketed goods and services. 3. Consumption of natural capital.
RECENT TRENDS 1. Sustainable Reporting 2. Renewable Energy Use 3. Carbon Pricing 4. Corporate Social Responsibility 5. Circular Economy
Significance . Incorporates Ecological Factors . Provides Insight . Helps to Identity and Reduces Inefficiencies . Measure the Environmental Performance . Helps In Reducing Costs