A Study on Environmental Cost Accounting Information and Strategic Business Decision in India

Rajalakshmi TN ,Dr. G. Mythili
Keywords: Environmental cost accounting Managers, Strategy, Business, Planning ,

Abstract

From goals to implementation methods, strategy is a set of systematic solutions. Strategic environmental cost accounting is based on the organization's overall development plan, and so the organization's overall cost accounting effect is pursued. Managers design cost plans based on an examination of the organization's internal and external environment, and then put those strategies into action by coordinating local activities. The strategic objective, strategic principle, strategic goal, strategic step, strategic emphasis, strategic measure, and so on are all part of the strategic environment cost accounting plan. The total condition is reflected in both space and time. It covers all stages and the full process of environmental cost management planning, design, implementation, accounting, and assessment. The main aim of this research is to know about the factors which affect environmental cost in the company and to know whether people are aware of  environmental costs will help in the development of the company. Analyse whether the method or ways to develop environmental cost accounting in a company and to create an impact among the people about uses of environmental cost accounting. To spread awareness among the people about the effects of environmental cost accounting and its business strategy.The method of research has followed empirical research with a convenient sampling method. The sample size covered by the researcher is 200.The result of the research is that most of the respondents thinks that the Environmental cost accounting is useful in the case of cash related aspects regarding the environment but while implementing the the strategies in the business gives effective result for the managers.