The Achievement Of 'Green' Accounting Policy Within The Finance Divisions of UK Universities

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Various colleges in United Kingdom advance their "green" certifications, for instance through new "green" construction projects, reusing, restricted admittance to vehicles etc. ‘Green' bookkeeping looks to fuse the expenses of natural measures into the budgetary reports of organizations and associations. Nevertheless, what amount of do colleges recognizes these variables in their monetary records is one of the major doubts. This study will look at general society records of two colleges with a perspective to the complete incorporation of "green" endeavours and figures out if there are critical expense contrasts or that colleges stifle the genuine expense of such measures. The importance of the research is due to the increasing number in this practice. The research questions determine the exact problems that the researcher have highlighted and at the same time enables to understand the need of the research. The research questions are:

What is the current rate of success within the finance divisions of universities in UK, applying this policy?

What is the major strength of the policy?

What are the loopholes of the policy?

What are the most common recommended strategies to overcome these loopholes?

Reference List

Gallhofer, S. and Haslam, J. (1997) ‘The direction of green accounting policy: Critical reflections', Accounting, Auditing & Accountability Journal, Vol. 10(2), pp.148-174.

Larrinaga-Gonzalez, C. and Bebbington, J. (2001) ‘Accounting change or institutional appropriation?—A case study of the implementation of environmental accounting', Critical Perspectives on Accounting, Vol. 12(3), pp. 269-292.

Jennings, A, R., (2011). Financial Accounting. 5^th ed. New York: Leadership Press.

Benedict, A, and Elliot, B., (2011). Financial Accounting: An Instruction. 5^th ed. Mason: South-Western Cengage Learning.