Environmental Accounting and GDP in China And India

Abstract

Environment is a rich heritage handed over by previous generations. However the nature’s straggling behind the economic development creates a chaotic atmosphere. Accountants are justifiably among those who might be criticized for this chaos because accounting which is the language business has never spoken for nature and environment except for the recent decades. The author tries to make the tragedy of environmental degradation More palpable through the numbers and accounting for senior managers and other participants to have a better understanding of the issues. Green economy means an economy that has the ability to rebuild itself as a stable one. The present economy of China and India are moving too rapidly in recent years and kills the environment that nourishes it which is a sort of suicide like a cancer that eventually led to its death with the elimination of host cells.