US GAAP (Generally Accepted Accounting Principles) vs IFRS - International Financial Reporting Standards
US GAAP (Generally Accepted Accounting Principles) vs IFRS - International Financial Reporting Standards
“Green Accounting” is a term used to describe accounting practices which attempt to factor environmental costs into the financial results of a company’s, or a country’s operations.
Environmental accounting is aimed to introduce a methodology to account for full environmental costs, integrate them into budgeting, proactive decision making and comply with future mandates of sustainability reporting.