Institute media
The Department of Accounting Studies at the Post-graduate Institute for Accounting and Financial Studies at the University of Baghdad discussed the research titled(The Impact of Sustainability Accounting Standards on Auditing Procedures and Their Reflection on Investor Decisions- An Applied research) for the student Abbas Ajeel Atiyah to obtain chartered accountant certificate, which is the highest professional certificate in the field of specialization, and its holder enjoys all the rights and privileges of a doctorate degree.
The study aimed to apply sustainability accounting standards, specifically GRI, SASB, and IFRS S1 and S2, to determine their impact on audit procedures to improve information quality and inform stakeholder decisions. The research problem is the poor quality of financial and non-financial information contained in the reports issued by the company, as a result of its reliance on traditional audit procedures that do not align with investor and stakeholder requirements for environmental and social data related to sustainability.
The study concluded that companies must adhere to sustainability accounting standards to improve information quality and support sustainable investment decisions. It also recommended enhancing integration between sustainability standards, accounting, and auditing practices, and developing auditors’ skills to meet the requirements of sustainable auditing.
