Environmental Accounting (EA) is a subset of accounting that focuses on the efficient use, management, and reporting of resources used by businesses to reduce environmental impacts. EA includes identifying, measuring, and communicating the costs of a company's economic activities associated with the environment.
A comprehensive look into green reporting, an environmental accounting practice where companies quantify their environmental impacts. This is a growing area in corporate reporting, reflecting heightened concerns of investors, consumers, and stakeholders. New Zealand and the EU are at the forefront with specific legislation in place.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.