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This slide deck by Ace Cloud Hosting explorers how green accounting or environmental accounting incorporates the environmental sources & assets into corporate accounts.
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Green AccountingGo Beyond Papers
What is Green Accounting
Green accounting or environmental accounting
incorporates the environmental sources and assets into corporate
accounts. It measures environmental, social and economic impact of
business.
Types Of Green Accounting
#1. Environmental Management Accounting
EMA incorporates both the environmental and economic information by identifying resource usage, and cost
of organization’s economic impact on the environment.
EFA is concerned with accounting for environmental transactions that have an impact on the financial performance of the company.
#2. Environmental Financial Accounting
ENA involves national level accounting with a focus on natural resources and green costs.
#3. Environmental National Accounting
Benefits Of Green Accounting
Green Computing helps to achieve economic, environmental and
social sustainability through the value of goods and services that
does not decrease over time.
#1. Achieve Sustainability
Reduces the cost associated with raw material utilities and waste.
#2. Cost Reduction
According to DENSO Corporation, product development costs related to preservation for 2013
has increased by approx. 9.6 billion yen as compared with the previous years.
#3. Feel Good Factor
Employees love to work for companies that think beyond
making money.
Also…
Green Accounting Addressing Climate Change
Green accounting can be the foundation to make decisions related
to climate. A connection is needed between green data and economic
data for economic growth.
Big Companies Also Entering The Field
About Ace Cloud Hosting
Ace Cloud Hosting powered by Real Time Cloud Services (RTCS), is an Authorized commercial QuickBooks Hosting Service provider to CPAs, SMBs, Bookkeepers and ranks amongst the leading QuickBooks hosting providers.
At RTCS, we are committed to helping customers compute more while consuming less. We’re also greening our company environment by using renewable power and using resources efficiently.
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Era of Green Accounting –Time to Go Beyond Papers