Overview

Accounting attempts to meet the information needs of numerous internal and external stakeholders in addition to the investors' record-keeping and reporting requirements. Today, it is seen as a service activity. A fast growing area of accounting, finance, and cement is estimating the costs of environmental consequences. It serves the purpose of giving numerical data on economic activities that is primarily of a financial nature in order to be useful in making financial decisions. Companies are under pressure from the government and society to lessen the negative effects of their activities on the environment as a result of growing public concern over the frightening impact of human activities on nature.

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