Enhancing the Quality of Accounting Information through Green Accounting Practices in Selected Banks

Abstract

Within the banking industry, the purpose of this research is to explore the influence that environmentally responsible accounting methods have on the quality of accounting information. The study focuses on chosen banks that have included environmental accounting into their financial reports. This is done in recognition of the growing need for sustainability reporting. The purpose of this article is to demonstrate a link between increased openness, stakeholder confidence, and the trustworthiness of financial data by conducting a comparative examination of standard accounting procedures and green accounting methodologies. The technique includes both qualitative and quantitative methods, as well as the examination of annual reports and disclosures about sustainability, as well as the conduct of interviews with financial officers in significant positions. Based on the data, it seems that financial institutions that use environmentally responsible accounting processes display a greater degree of conformity with international financial reporting requirements and demonstrate improved communication with stakeholders. contributes to the rapidly developing topic of sustainable finance by showing how green accounting methods not only improve the quality of accounting information but also boost the reputation of corporations and the happiness of stakeholders.