Audit on Environmental Sustainability of Accounting Activities and Its Impact on Maximizing the Value of the Enterprise as a Framework Proposed by the Auditors

Abstract

The main objective of this study is to clarify the relation between the review of environmental sustainability accounting for Palestinian enterprises and the value of these establishments in general, and then determine the responsibility of the external auditor for the audit of environmental sustainability accounting activities and clarify its role in environmental community conservation. The questionnaire was used as a tool to be distributed in a comprehensive survey to 150 auditors of the accounting and auditing profession according to the disclosure of an annex from the Palestinian Accountants and Auditors Association. 120 responses were recovered with 80% recovery rate. The researchers found a positive correlation between the "audit on environmental sustainability accounting activities and the value of the enterprise" and in the same direction, it is clear that any change in the audit of environmental sustainability accounting activities is followed by a change in the value of the enterprise and in the same direction, and that any change in the proposed framework for the audit of environmental sustainability accounting activities is followed by a change in the value of the enterprise and in the same direction. The researchers recommended the issuance of legislation and criteria for the adoption of the audit on activities of environmental sustainability accounting and the adoption of the framework proposed by the higher authorities and recommend the application of them at the level of Palestinian enterprises, and the need to adopt them as part of the curriculum approved by university colleges.

Keywords: Environmental Auditing, Environmental Sustainability Accounting, Maximizing the Value of the Establishment, Auditors and Auditors, Gaza Strip, Palestine.