The role of environmental accounting disclosure to reduce harmful emissions of oil refining companies

الملخص EN

The disclosure policies of environmental accounting information became a significant and influence element to preserve the environment internationally.

Lately, the concentration was on environment aspect trying to reduce the environment drop happening on planet earth.

The environmental accounting disclosure contributes in increasing the environment conscious for organizations, also reducing harmful impacts of organization processes specially on environment and on society as general.

This research presents an evaluation for the role of environmental accounting disclosure to reduce harmful emissions from oil refining factories through reviewing the annual financial statements of some oil refining companies in Kurdistan Region (KRG), by distributing 50 questionnaire forms to a number of accountants in the sample factories ; these forms contain two sections, first part concerns on the important practices that accountant do in the oil refining factory and second part focuses on the impact of environmental accounting disclosure for harmful practices to environment, for testing the assumption we used (T-test) on the samples.

The important findings that the research refers to is the continuous weakness on environmental accounting disclosure practices of oil refining companies in Kurdistan (KRG), the annual financial statements contains a little environment accounting information or sometimes nonexistent.

A recommendation is made via this paper to develop environmental accounting disclosure criteria which is suitable for Kurdistan environment and increases restrictions on oil refining companies to follow the criteria with the necessary of determining a limited ratio of environment information that must be provided in annual financial statements.