The reality of accounting for sustainable development in Iraqi commercial banks: An applied study on Iraqi commercial banks

Abstract

The study sought to research the reality of accounting for sustainable development in the Iraqi banking sector. Work was done by preparing a questionnaire containing three axes to measure that reality. Some statistical methods were used to reach the desired results from this study, and one of the most important results of the study was the lack of A vision and a message that properly establishes the use of accounting methods for sustainable development in the Iraqi banking work, in addition to the absence of cadres and legislation establishing their use, and the absence of transparency regarding their use, with the presence of many obstacles that limit their application. As for the most important recommendations, the study called for developing a vision And a message to all Iraqi banking institutions in order to promote the use of accounting methods for sustainable development, prepare qualified cadres for this use and efficiently through training on their use, optimal use of resources and in a manner that achieves access to societal goals, the development of laws, regulations and instructions that establish this use and make it compulsory and not optional, Reducing corruption in all its forms while eliminating obstacles to implementation. References Abdel Hafez, Zainab Emam (2013), Measurement and Accounting Report on Sustainable Development Operations, The Scientific Journal of Research and Business Studies, Issue 3, p. 24-43, Faculty of Commerce and Business Administration, Helwan University, Egypt. Abdel-Rahim, Gamal Kamel (2015), Measuring the impact of applying the Egyptian corporate responsibility index for sustainable development in controlling financial performance: a field study on Egyptian companies listed in the stock exchange, PhD thesis, Faculty of Commerce, Cairo University, Egypt. Al-Ghamdi, Abdulaziz bin Saqr (2006), Human Resource Development and the Requirements of Sustainable Development, Naif University for Security Sciences, The Third Arab Forum for Education, Beirut, Lebanon. Al-Hiti, Nawzad Abdul Rahman (2009), sustainable development, general framework and applications, the United Arab Emirates as a model, Emirates Center for Strategic Studies and Research, Abu Dhabi, United Arab Emirates. Arcay .M.R and F(2005), Corporate characteristics governance rules and the extent of voluntary disclosure in Spain, A advances in Accounting, vol.21, pp:299-331. Ashkal, Ghazala Ahmed and Ali, Suad Ayesh (2020), The extent to which accounting for sustainable development can be adopted in the Libyan business environment: An applied study on the Ras Al-Anouf Oil and Gas Manufacturing Company, Bright Star Journal for Scientific Research, No. 1, pp. 216-236. Badr, Essam Ali (2013), a proposed model for accounting disclosure for the sustainable development of an Egyptian business, a field study, The Scientific Journal of Research and Business Studies, Volume 27, Issue 4, (215-232) Faculty of Commerce and Business Administration, Helwan University, Egypt. Ghallab, Fatih (2011), The evolution of the audit function in the field of corporate governance to embody the principles and standards of sustainable development: A case study of some industrial enterprises, Master’s thesis, Faculty of Economics, Commercial Sciences and Facilitation Sciences, Farhat Abbas University, Setif, Algeria. Ghallab, Fatih (2016), a proposed accounting framework for the application of the accounting system for sustainable development in economic institutions, PhD thesis, Faculty of Economics, Commercial and Facilitation Sciences, Setif, Algeria. Ghoneim, Othman Muhammad and Abu Zant, Magda (2010), sustainable development, its philosophy, planning methods and measuring tools, Safaa Publishing and Distribution House, first edition, Amman, Jordan. Giacomo D, Alisa, (2007), Dimensions of sustainable development: a proposal of systematization of sustainable approaches, Italy. Hossain, M. Islam, K. and Andrew, J. (October, 2006). "Corporate social and environmental disclosure in developing countries: evidence from Bangladesh.in Proceedings", of the Asian Pacific Conference on International Accounting. Hawaii. International Ffederation of Accountants (2006), Why sustainability countsfor professional Accountants in Business , professional, Accountants in Business committee, information paper. Medhat Abu El-Nasr and Yasmine Medhat Mohamed (2017), Sustainable development / its concept / dimensions / its indicators, The Arab Group for Training and Publishing, first edition, Egyptian Book House, Cairo, Egypt. Schaltegger, Stefan and Burritt Roger l.(2010), Sustainability accounting for companies, catchphrase or decision support for business leaders , Journal of world Business, vol.45, pp375-384. Schermerhorn, john, R.(2002), Management, 7th ed john wiley and sons Inc. New york. Sharif, Omar (2008), Solar Energy and Environmental Protection as a Strategy for Achieving Sustainable Development, Fifth National Research on Environmental Economy and its Impact on Sustainable Development, Faculty of Economics and Facilitation Sciences, Skikda University, Algeria