Green economy. The Connection Between Accounting and Sustainable Development

Abstract

The green economy is a concept that brings sustainability into discussion through the promotion of ideas such as caring for the environment, promoting economic growth through sustainable methods and creating equitable opportunities for all individuals in society. This transition can be achieved by accounting, which helps in combining sustainable development goals into economic decision-making. The current paper presents a bibliometric analysis of the most recent publications in the existing literature to investigate the relationship between accounting and sustainable development. This research investigates trends, collaborative networks, and significant papers and publications in the domain of quantitative analysis methods. This illustrates the positive effects of implementing a green economy. The study shows green accounting is gaining recognition, alongside sustainable reporting standards and the role of accounting in evaluating company performance concerning environmental and social aspects. In order to promote the transition to a healthier economy, interdisciplinary research must be enhanced and a better accounting framework developed. DOI: https://doi.org/10.53486/dri2024.28; UDC: 657.1:504.03; JEL: M40, M41, Q01.