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Green or environmental accounting is a new branch of assessment of the cost and benefit of projects on account of environmental impact. For integrated Environmental and Economic Accounting (SEEA) in 1993UN issued a handbook on a regulated System. SEEA is used for green accounting which is more consumption of natural resources. On theground of monetary terms, Green Accounting is a trusted standard for socially and environmentally translated behaviour. It is needed to identify the objectives for green accounting systems. To identify the GDP (Gross Domestic Product) is used for accounting to understand its effectiveness on the environment. Green accounting helps to assess the environment and environmental well-being like conventional accounting. Financial operation can result in environmental costs. Green accounting has an impact on the economic activity of the environment. These are the objectives that can be provided to understand the need for green accounting

Sustainable accounting; Environmental accounting; Green accounting.