Abstract
Contemporary accounting disclosure seeks to meet the information needs of the owners of the economic unit and all beneficiaries of the financial statements, whether these categories are internal or external, and the importance of the research comes from the need to identify the nature of social contributions to economic unity and the benefits it provides and the social and environmental damage it causes to members of society. For the purpose of identifying this, the research will attempt to indicate the methods of accounting disclosure that can be used in preparing information that expresses social responsibility and that can be disclosed in the financial statements of the various denominations of the beneficiaries. Readers of the financial statements are beneficiaries of the social responsibility of the unit, so the researcher suggested an accounting model that can help in dealing with this problem. The research is based on several hypotheses, the most important of which is that interest in accounting disclosure for social responsibility would contribute to improving the results of activity for economic unity and revealing its practical reality from a social angle. The research has concluded with a set of results, the most important of which is that the difficulties facing the accounting disclosure of social responsibility information is the lack of a unified method for presenting social responsibility information, in addition to the fact that most of the outputs of social activities in economic units, whether financial or quantitative, affect expenditures, obligations and assets of unity And its management decisions that are a matter of disclosure are among the core of accounting work.
Highlights
The private sector in its various forms about the role of disclosure and transparency in financial statements and reports, The importance of research can be formulated as follows: 1- Maintaining and continuing in the long term determining the ability of the economic unit to fulfil its obligations towards society, as well as its ability to disclose appropriate and influencing information in a way that contributes to making future decisions and directing that unit and what investors benefit from these data
The analysis showed that there are factors that affect the content of the financial statements and the timing of their issuance, the most important of which is the multiplicity of categories of financial information users, diversity and difference Their needs of information, legislation and rules issued by the supervisory authorities in addition to the costs associated with accounting disclosure
We find that the Iraqi Accounting Base No 6 of 1995 emphasized the issue of accounting disclosure of information related to financial statements and the accounting policies of economic units in its financial statements or in its annexes (Iraqi Accounting Base No 6 of 1995)
Summary
Disclosure of accounting is the main means effective tool to deliver business results Users in support of their decisions, especially in the areas of investment, finance, and because of the interest Growing owners of thought and competence of academics and professionals in the field of yen accounting and auditing On the importance of accounting disclosure and transparency in financial reporting, this leads to a continuation Pressures on the profession to develop its performance in the service of business sectors on the one hand and support the control system And accountability in them. Thought models Accounting for Social Responsibility The follower of accounting and supervisory studies is noticed that there is a wide interest by professional organizations concerned with accounting and oversight affairs as well as by many writers and researchers in the same fields and this is shown through many forms of accounting disclosure about the parameters of social responsibility and social performance of units and the most important of these models are (Badawi, 2000, 111): A Public disclosure forms These models disclose social responsibility data in society, as data and information installed include lists and reports as well as those responsible for data and financial information, the net profit, for example: 1. Independent environmental report In it, an independent environmental report is prepared from the financial statements, as shown in the following form (Nashwan, 2002, 92): Independent environmental report on the financial statements: Structure of the environmental report
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