Research Article |
The Green New Deal, Financial Statements and the Accounting Profession
Author(s) : Dr. Sunita Rao
Publisher : FOREX Publication
Published : 19 March 2021
e-ISSN : 2347-4696
Page(s) : 88-92
Abstract
Climate change is real and immediate. The Green New deal (GND) is a set of policies, measures, events and actions designed to bring about systemic change to counter the effects of the catastrophic effects of climate change. These policies, measures, events and actions will deeply impact the accounting profession and the financial statements, since it aims to transform the US economy in a sustainable way by focusing on the long term. This article discusses the effects of GND on financial reporting and disclosure
Keywords: Green new deal
, GND
, Financial statements
, Accounting
, Impact of GND on accounting
Dr. Sunita Rao , School of Business, Washburn University, Topeka, Kansas, USA ; Email: sunita.rao@washburn.edu
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Dr. Sunita Rao (2021), The Green New Deal, Financial Statements and the Accounting Profession. IJBMR 9(1), 88-92. DOI: 10.37391/IJBMR.090113.