A Systematic Review of Environmental Accounting

Abstract

 Environmental accounting illustrates the economic gains and expenses commercial enterprises incur due to pollution or resource decline. Recent research on environmental accounting has attracted much attention from academics worldwide because of how important it is to use and spread this knowledge. These studies found that ecological Performance can increase brand value, decrease capital cost, and increase company value, boosting stakeholder happiness. Traditional accounting practices frequently ignore the environmental costs associated with a company's operations, such as pollution, resource depletion, and ecosystem degradation. In recent years, researchers have discovered a variety of challenges in implementing good environmental accounting, a systematic review and meta-analysis methodology are used in this study. PRISMA can group and categorize new research streams and disciplines in pertinent literature. It is essential to recognize the challenges and limitations associated with environmental accounting, including the difficulty of quantifying and evaluating environmental impacts, the lack of standardized procedures, and the requirement for the improved gathering and submitting of information systems. The study is vital because it aids companies in understanding the ecological impact by making wise decisions to enhance their reputation