Green Accounting as a Part of University Social Responsibility: A Literature Review

Abstract

Recently, the most challenging world problem currently faces is climate change like global warming, soil erosion, land degradation, and pollution .That problem primarily caused by human who indiscriminate use of natural resources. New environmental regulations needed over the problems. The opportunity exists for professional accountants to contribute to solving those issues through green accounting. This paper is primarily to understand the concept of green accounting and describing green accounting as a part of university social responsibility. Paper showed that green accounting is one of the accounting concepts which reffers to environmental element in the organizations. Implementation of green accounting is not only in the industry companies but also in the university as a form of university’s responsibility for society. University’s responsibility for society is called University Social Responsibility. This paper found that green accounting as a part of University Social Responsibility is one of green movement which tilting towards consensus on the pivotal concept of sustainable development. Green accounting identifies, measures, and allocates that are to be addressed in environmental management accounting systems of the university. Many environmental costs can be significantly eliminated as a result of green accounting. The fact that green accounting not fully implemented in university, this paper found that green accounting could help university to identify environmental cost and saving opportunities to develop greener movement.