Accounting Information for Environmental Sustainability
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Abstract
Based on capitalism notion of neoclassic economic theory, economic growth focusing on only economic numbers, especially financial numbers, causes rapid development in various areas. For achieving profit maximization, business accelerates production responding to massive consumption and this circumstance recently leads to environmental problems. The way how to solve sustainably such problems will depend on the awareness of humanity because their behaviors are the central area of problems in economic. Therefore, this article aims to reflect value relevance of accounting information affecting on awareness and perception of environmental problems in society. Environmental accounting is able to reflect economic performance consequently creating pollution or environmental problems. Moreover, environmental accounting will allow related parties to perceive and be aware of their performance. They will deliberate the effect of environment into all steps ensuring sustainability since establishing policy, process, and performance. Lastly, accounting will be helpful for measuring both economic and environment performance. However, without all cooperation, resolving environmental problems will not be sustainable then understanding interdependence is necessary so that all being can survive their life together on this earth.
Article Details
The articles published in the journals are the authors' opinions, not the opinion of the editorial team or administrative staff. The articles published is copyright of the Journal of Business Administration and Accounting, Khon Kaen University.
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