THE ROLE OF ACCOUNTING IN ENVIRONMENTAL MANAGEMENT

Abstract

The integration of accounting practices into environmental management has become increasingly critical as organizations strive to balance financial performance with ecological responsibility. This paper explores the role of accounting in enhancing environmental management practices, focusing on how accounting methods can support sustainability goals. It examines various approaches, including environmental cost accounting, sustainability reporting, and the role of accounting in compliance with environmental regulations. The study highlights the benefits of incorporating environmental considerations into accounting practices and discusses the challenges faced by organizations in this integration. By analyzing case studies and industry trends, the paper provides insights into best practices for leveraging accounting to drive effective environmental management and promote sustainable business practices