Green Accounting for Sustainable Business

Abstract

The paper studies how information about environmental on green accounting is included in the activities of Lithuania companies. The analysis of Lithuanian and foreign researchers has shown that the integration of green accounting into the traditional accounting system occupies an important place and is closely related to the development of sustainable business. Also, green accounting applied not only to transactions related to environmental questions but to disclosing financial and social information. The results of the study revealed the need to improve and implement a new green accounting system that ensures a safe and clean environment. The applied research will contribute to the formation of a green accounting policy in the companies.

Keywords: green accounting, sustainable business, environmental protection, traditional financial accounting.