Institute media
Professor Dr. Khawla Hussein Hamdan, lecturer in the Department of Accounting Studies at the Post-graduate Institute for Accounting and Financial Studies at the University of Baghdad, participated in the Fourteenth World Conference on Islamic Marketing, held in Tbilisi – Georgia for the period 9/27-29/2023, as she participated with two research papers (a single research and a joint research). She chaired the second session of the conference.
The third place award was awarded to the best Arab research participating in the conference for the research entitled (The role of environmental auditing in verifying the commitment of Islamic banks to disclose environmental sustainability according to (GRI).)
The research aimed to identify the theoretical framework of environmental auditing and the standards of the Global Reporting Initiative (GRI), focusing on environmental standards and explaining the relationship of sustainability reports with Islamic banks, and then preparing an environmental audit report that shows the extent of the commitment of a sample of Islamic banks in the Iraqi environment, numbering (14) banks, to disclosing indicators. Environmental sustainability contained in the Global Reporting Initiative (GRI) standards.
The research reached a set of conclusions, the most important of which is that 50% of the Islamic banks in the research sample generally disclosed sustainability reports, including environmental sustainability.
The second joint research is entitled (The role of the auditor in revealing creative accounting practices in Islamic banks using analytical procedures), with the student in the Department of Accounting Studies (Islam Jassim Muhammad).
The research aimed to define what creative accounting is and the reasons for its use, and to explain the conceptual framework of analytical procedures, their types and purposes, as well as how to apply analytical procedures to reveal whether the financial statements are of high quality and free of distortions resulting from following creative methods of accounting disclosure.
The research reached a number of conclusions, the most important of which is that the analytical procedures revealed unusual practices in the field of accounting because of their role in providing indicators in identifying aspects of distortion or accounts that must be exercised with the necessary professional care to audit them and collect audit evidence about them.
The research recommended a number of recommendations, the most important of which is the need to train the audit team to apply all types of analytical procedures and make comparisons between account balances that are closely related to each other.
