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:: Volume 10, Issue 19 (9-2025) ::
aapc 2025, 10(19): 325-377 Back to browse issues page
A Model for Integrating Environmental Impacts into Financial Reporting: A Framework for Disclosure and Sustainable Accounting
Ali Atta Obaid1 , Ali Ashtab *2 , Parviz Piri3
1- PhD Student, Department of Accounting, Faculty of Economics and Management, Urmia University, Urmia/Iran - a.attaobaid@urmia.ac.ir
2- Associate Prof, Department of Accounting, Faculty of Economics and Management, Urmia University, Urmia, Iran (Corresponding author) , a.ashtab@urmia.ac.ir
3- Associate Professor, Department of Accounting, Faculty of Economics and Management, Urmia University, Urmia, Iran - p.piri@urmia.ac.ir
Abstract:   (239 Views)
 The objective of this research is to design and propose a model for the disclosure and reporting of environmental costing and sustainability accounting, which provides a framework for integrating environmental impacts into financial statements. This research is conducted in the year 1403 (2024) in response to the growing awareness of environmental issues and their impact on business sustainability. The present study is exploratory in terms of objective and has been executed with a qualitative approach. In the qualitative section, using the Grounded Theory method, 13 academic experts, managers, and senior specialists in the field of environmental accounting in Iran were selected via purposive sampling until theoretical saturation was reached. Data were collected through semi-structured interviews and analyzed using MAXQDA software. The initially designed model consisted of 93 open codes, which were categorized into 11 main categories including financial mechanisms, developmental mechanisms, social mechanisms, managerial mechanisms, strategic mechanisms, accounting information, legal factors, economic factors, cost analysis, capital project evaluation, and performance and incentive mechanisms. To ensure the validity of the proposed model, the identified factors were screened using the Fuzzy Delphi method, and ultimately, the final model was confirmed by experts in the validation phase. The results of this research indicate that integrating environmental impacts into financial statements requires attention to a comprehensive set of various mechanisms. Environmental effects in financial statements should be considered not only as a criterion for compliance but also as a strategic approach in business to achieve sustainability. This model can provide a practical framework for companies in Iran and other developing countries to more effectively integrate environmental considerations into their financial reporting and strategic decision-making.

 
Keywords: Environmental Impact Integration, Financial Reporting, Sustainable Accounting
Full-Text [PDF 1353 kb]   (86 Downloads)    
Type of Study: Research | Subject: Special
Received: 2025/05/20 | Accepted: 2025/09/22 | Published: 2026/05/6
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Atta Obaid A, Ashtab A, Piri P. A Model for Integrating Environmental Impacts into Financial Reporting: A Framework for Disclosure and Sustainable Accounting. aapc 2025; 10 (19) :325-377
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Volume 10, Issue 19 (9-2025) Back to browse issues page
دوفصلنامه علمی حسابداری ارزشی و رفتاری journal of Value & Behavioral Accounting
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