Impact of Climate Change and the Role of Accounting & Accountants on Water Management

Global climate change is one of the factors that triggers the water crisis besides rapid population growth, industrialization, and globalization. Various climatological effects of climate change have adverse impacts on water resources. Vitally important water and its management today should be carried out regarding the effects of climate change. In the water management models implemented by taking the impact of climate change into account, not only water managers but also all stakeholders who use water have essential duties. Therefore, decisions in water management should be made by gathering all decision-makers and stakeholders under the concept of accountability and participation. This review-based paper aims to illustrate the role of accountants as one of the stakeholders and the accounting profession on water management. Changing the function of accounting and the ability of accountants about using accounting terminology in other fields will be evaluated within the frame of water management.