The impact of internal control in accordance with the COSO Integrated Framework in improving sustainability reporting for Iraqi oil companies
Article Sidebar
THIS IS AN OPEN ACCESS ARTICLE UNDER THE CC BY LICENSE
Main Article Content
Abstract
The orientation towards preparing sustainability reports has become an urgent necessity that economic units bear in order to provide financial and non-financial information in a concise and reliable manner in order to meet the needs of stakeholders. The research aimed to evaluate the efficiency of internal control in accordance with the COSO framework and its role in improving sustainability reports, and to achieve research and testing objectives. His hypotheses, the questionnaire form that included preparing the modified sustainability reports was designed according to the recommendations of the 2013 Integrated Framework (COSO), so it was used to represent the dependent variable, as well as an examination form in which the extent of the reliance of the internal control of companies. (COSO) to be representative of the explanatory (i.e., independent) variable. The research sample was represented in five oil companies (Middle Oil Company, Oil Products Distribution Company, Middle Refineries Company, Oil Pipelines Company and the General Company for Gas Filling and Services). The questionnaire was distributed to officials in various centers of the above-mentioned companies' departments, including the Control and Audit Department and the Financial Commission. And the production department and the environment and safety department. The research found that there is an impact of internal control mechanisms based on the principles of the (COSO) framework in improving the preparation of sustainability reports according to (COSO).
Downloads
Article Details
References
أولاً. المصادر العربية:
ابراهيم، افاق ذنون، ) 2413 (، نموذج محاسبي للإفصاح الاختياري عن تقارير الاستدامة في
ترشيد قرار الاستثمار/دراسة تطبيقية، رسالة ماجستير في المحاسبة كلية التجارة جامعة
المنصورة.
الرفاعي، سحر قدوري، ) 2443 (، التنمية المستدامة مع تركيز خاص على الإدارة البيئية: إشارة
خاصة للعراق، المؤتمر العربي الخامس للإدارة البيئية، تونس.
COSO 7. السلماني، قبس عبدالرزاق، ) 2410 (، استعمال عناصر الرقابة الداخلية على وفق أنموذج
لتقويم الأداء البيئي في الوحدات الاقتصادية، رسالة دبلوم عالي، المعهد العالي للمحاسبين
القانونيين، العراق.
الياس، بومعراف وعمار، عماري، ) 2443 (، من أجل تنمية صحية مستدامة في الجزائر، مجلة
. الباحث، العدد 3
بن علي، إلياس، ) 2413 (، مدى استجابة نظام الرقابة الداخلية في المؤسسات الاقتصادية مع
دراسة حالة مؤسسة مطاحن الواحات، رسالة ماجستير غير منشورة، كلية العلوم :COSO إطاار
الاقتصادية وعلوم التسيير، جامعة قاصدي مرباح، ورقلة، الجزائر.
في تقييم وإصلاح نظام COSO 3. ثابت، ثابت حسان، وشاكر، أنس إحسان، ) 2413 (، دور إطاار
الرقابة الداخلية: دراسة حالة في عدد من شركات إقليم كردستان، المؤتمر الدولي السابع، جامعة
جرمو، السليمانية، العراق.
/9/03 : جامعة تكريت/كلية الإدارة والاقتصاد/مجلة تكريت للعلوم الإدارية والاقتصادية/المجلد 71 /العدد 55 /ج 7
شرف، أحمد عبدالقادر، ) 2417 (، مدخل مقترح لتأكيد تقارير استدامة الشركات المصرية
وانعكاسه على ادراك اصحاب المصالح، دراسة مقارنة، اطاروحة دكتوراه، كلية التجارة، جامعة
القاهرة.
محيسن، حسين علي وعلي، خالد صباح وعبد الرضا، ثامر كاظم، ) 2424 (، تطبيق ارشادات
ودورها في تحقيق التنمية IPIECA اعداد تقارير الاستدامة الخاصة بقطاع النفط والغاز
المستدامة/دراسة حالة في شركة نفط الوسط، المؤتمر الدولي الثالث، والسنوي الرابع عشر/كلية
الادارة والاقتصاد/الجامعة المستنصرية.
ثاني ا.ً المصادر الأجنبية:
Arens, Alvin A., et al., (2012), Auditing and Assurance Services: An Integrated
Approach, 14th edition, Prentice Hall.
Bini, Laura, and Bellucci, Marco, (2020), Integrated Sustainability Reporting Linking DOI: https://doi.org/10.1007/978-3-030-24954-0
Environmental and Social Information to Value Creation Processes, Springer Nature
Switzerland AG.
COSO (1992), Internal Control-Integrated Framework, Committee of Sponsoring
Organizations of the Treadway Commission, COSO Report.
COSO (2013), Internal Control-Integrated Framework: Executive Summary, Committee
of Sponsoring Organizations of the Treadway Commission.
Dinapoli, Thomas P., (2007), Standards for Internal Control in New York State
Government, Available online at:
Gardetti, M. Á., (2019), Sustainability: Is It Redefining the Notion of Luxury?. Springer DOI: https://doi.org/10.1007/978-981-15-2047-1
Nature.
Grosskuth, J. and Rotmans, J., (2005), The Scene Model: Getting Grip on Sustainable
Development in Policy Making Environment, Development and Sustainability, 7(1(.
Idowu, Samuel O., (2015), Social Audit in the Supply Chains Sector. In: Idowu, Samuel DOI: https://doi.org/10.1007/978-3-319-15838-9_10
O., and Rahim, Mia Mahmudur (eds.), Social Audit Regulation Development,
Challenges and Opportunities, pp. (187-200), Springer International Publishing
Switzerland .
Kinkela, Katherinem (2015)m United States Accounting Firms Respond to COSO
Advice on Social Audit, Sustainability Risk and Financial Reporting. In: Idowu, Samuel
O., and Rahim, Mia Mahmudur (eds.), Social Audit Regulation Development,
Challenges and Opportunities, pp. (59-77), Springer International Publishing
Switzerland.
Lee, Ki-Hoon and Herold, David M., (2018), Cultural Relevance in Environmental
and Sustainability Management Accounting (EMA) in the Asia-Pacific Region: A Link
between Cultural Values and Accounting Values Towards EMA Values. In: Lee, Ki-
Hoon, and Schaltegger, Stefan (eds.), Accounting for Sustainability: Asia Pacific
Perspectives, pp. (11–38), Springer International Publishing AG.
Littan, S., (2019), The COSO Internal Control Framework and Sustainability Reporting.
The CPA Journal, 89(7), 22-26.
Lutz, Julia, (2015), Committee of Sponsoring Organizations of the Treadway
Commission: Internal Control-Integrated Framework in special consideration of the
/9/03 : جامعة تكريت/كلية الإدارة والاقتصاد/مجلة تكريت للعلوم الإدارية والاقتصادية/المجلد 71 /العدد 55 /ج 7
changes in the new edition 2013, MSc. Thesis, University of Applied Sciences,
Germany.
Mammatt, J., (2009), Integrated Sustainability Reporting and Assurance. CIS Corporate
Governance Conference, Sandton Convention Centre, Johannesburg, South Africa.
Moeller, R. R., (2007), COSO enterprise risk management: understanding the new
integrated ERM framework. John Wiley & Sons.
Morelo, N., (2011), The importance of internal control in the brazilian public
administration. The George Washington University-School of Business and Public
Management. Minerva Program Spring.
Provasi, R., and Riva, P., (2015), The Updated COSO Report 2013, Journal of Modern
Accounting and Auditing, 11(10), 487-498.
Thabit, T., (2019, April), Determining the Effectiveness of Internal Controls in
Enterprise Risk Management based on COSO Recommendations. In International
Conference on Accounting, Business Economics and Politics.
Uzun, Sertan, (2017), Evaluating COSO Model As An Internal Auditing Structure in
Botaş, E-MBA, School of Social Sciences, Istanbul Bilgi University, Turkey .
Uwadiae, Oduware, (2015), COSO-An Approach to Internal Control Framework,
Financial Reporting, Deloitte.
Zsoka, Agnes, and Vajkai, Eva, (2018), Corporate Sustainability Reporting:
Scrutinizing the Requirement of Comparability, Transparency and Reflection of
Sustainability Performance. Journal of Society and Economy in Central and Eastern
Europe.
WBCSD, (2013), Controlling Non-Financial Reporting, World Business Council for
Sustainable Development, Conches-Geneva, Switzerland.