THE IMPORTANCE AND THE ROLE OF INTRODUCTION OF ECOLOGICAL ACCOUNTING IN THE FUNCTION OF MANAGEMENT OF ENVIRONMENTAL PROTECTION

Abstract

More and more global warming, ozone depletion and loss of biodiversity have contributed to raising awareness of the need to implement measures that enable sustainable development, so that different pillars of society find a balance between economic growth and social interest in preserving a healthy environment. The environmental impacts of the company have led to the strengthening of environmental demands by society and the incorporation of various management tools into the environmental management process. In order to properly address the issue of environmental protection, a so-called environmental management system is required, which carries out an important part of the information systems management system in an integrated form, together with another accounting information system. Ecological accounting is an important tool for understanding the role of the natural environment in the economy. Environmental accounts provide data that highlight the contribution of natural resources to economic well-being and the costs of imposed pollution or resource degradation. The use of accounting in the environment is necessary with more aspects on various issues, such as cost estimates, investment analysis and strategic decision-making. Companies, which are important subjects of economic activity, play the main roles in economic activities. Therefore, a clear introduction of the goal of preserving the environment in every activity activity becomes a strong motivating force for the structural transformation of this economic society. This paper will present a brief overview of the history, concept, division, role, significance and contributions of ecological accounting, and the importance and necessity of introducing ecological accounting in enterprises.Given the financial implications that environmental impacts can have on the business of the company, this paper aims to point out the role and significance of environmental accounting and the environmental management process.