The role of environmental accounting disclosure in correcting the path of environmental economic units: analytical study in Diwaniyah municipality directorate

The role of environmental accounting disclosure in correcting the path of environmental economic units: analytical study in Diwaniyah municipality directorate

Muhammed Reda Mehriban Por , Ahmed Shannan Bahr
Muthanna Journal of Administrative and Economic Sciences 2020, Volume 10, Issue 2, Pages 80-93

Abstract

The need for environmental accounting and environmental disclosure has become a concern for countries and companies who began to pay attention since 1990 and the reasons vary, some due to the inside of the company and others related to the global level. The aim of the research is to highlight the types of environmental and mechanical costs that are used to adapt the unified accounting system applied in municipalities to the disclosure of environmental information in the financial statements. The research was applied by conducting an analytical study of the financial reports in Diwaniyah Municipality Directorate for the years 2015-2014. The research concluded with a set of conclusions, the most important of which was that the financial reports did not disclose any quantitative, qualitative or financial information about the costs and environmental revenues of Diwaniyah Municipality and its application of the principle of recognition, measurement and accounting disclosure of environmental costs and revenues issued by the Intergovernmental Working Group of Experts on International Accounting Standards. The researched recommended some proposals, the most important of which is the need for the competent authorities to contribute to the deepening of the concept of environmental accounting and the importance of creating an accounting system with an emphasis on the need to disclose financial reports adequately on environmental accounting information.

Keywords: accounting disclosure, environmental accounting disclosure, environmental economic units, environmental costs.

DOI:10.52113/6/2020-10-2/80-93

Categories: Uncategorized