Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices, resource consumption, pollution control, and environmental conservation. This approach helps businesses understand their ecological footprint and make financially responsible, eco-friendly decisions.
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
Gross fixed assets represent the total value of a company’s tangible assets before depreciation. This includes buildings, machinery, vehicles, and…
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