Environmental Accounting in India : An Analytical Perspective

Environment accounting is a concept which tries to take into consideration the environmental impact of a company on the environment. Like financial accounting take into consideration the expenses and the income similarly this field tries to gauge the effect of environment degradation by the company and the benefit which the company will return back to the environment. Environmental accounting takes place both at the corporate level and at the national level. This review paper tries to give a brief analytical view of environment accounting in India, how this concept came into existence, scope and limitation of this concept and how this concept is used in India by Indian companies to protect the environment from further degradation