Impact of Social Responsibility Accounting Requirements on Integrated Financial Reporting and its Implications for Corporate Value: An Applied Study on Telecommunications Companies

Abstract

This study aims to highlight the significance, concept, and motives behind adopting integrated reporting and its role in conveying information to stakeholders, enabling them to form a comprehensive view of the company's performance. It also seeks to enhance reporting quality by addressing deficiencies present in traditional financial reporting through the implementation of integrated reporting. The study focuses on measuring social performance and reporting it in (Asiacell and Zain Iraq), examining its impact on integrated reporting and its contribution to added value.Given the nature of the problem, the research objective, and its importance, the researcher employs deductive methodology to review and deduce from relevant scientific studies. Additionally, an inductive approach is used to shed light on concepts of corporate social responsibility accounting, integrated reporting, and firm value. The descriptive-analytical method is employed to test the study's hypotheses and draw conclusions through a case study conducted at Asiacell and Zain Iraq. The study leads to several conclusions and recommendations, Traditional financial reports do not provide a complete picture of an economic entity's situation, especially in the long run. This necessitates economic entities to disclose non-financial information (environmental, economic, and social) alongside financial information to meet the information needs of users, utilizing integrated reporting (IR) as an effective contribution to enhancing financial reporting. This is achieved by merging financial information related to economic activities with other non-financial information that improves the company's value.