Paper Details

This study examines the role of green accounting in improving the quality of financial reports to achieve sustainable development. It presents a field study conducted on industrial companies in the Red Sea State. The research problem addressed the question: Does green accounting play a role in enhancing the quality of financial reports for the purpose of achieving sustainable development? The study highlights the significance of green accounting in environmental preservation and emphasizes the necessity for industrial companies in the Red Sea State to disclose their environmental activities in financial statements to promote sustainable development. The study aims to identify green accounting methods and procedures, understand management policies for implementing green accounting, and demonstrate the role of green accounting in reducing environmental impact and achieving sustainable development. Key findings indicate that environmental disclosure through green accounting enhances the quality of financial reports. The precision in applying green accounting contributes to the quality of accounting information and thus improves financial reporting. The study concludes that environmental disclosure supported by green accounting facilitates sustainable development initiatives within society. Transparent relationships with environmental authorities further aid in achieving sustainable development. The study recommends the development and training of accountants to effectively apply green accounting systems and ensure full disclosure in financial statements to safeguard the environment.

Green accounting, financial reports, sustainable development, industrial companies