Factors of changing the external auditor in Libyan commercial banks from the point of view of external auditors

Abstract

This study aimed to identify the extent of accountants' awareness of the importance of applying green accounting and to identify the role of green accounting in improving the transparency of financial reporting information for the purpose of achieving sustainability. To achieve the study objectives, the questionnaire was used as a source for collecting data from the study sample and was distributed to accountants and financial report preparers for a sample of industrial companies operating in the city of Misurata, numbering (95). The study relied on the descriptive analytical approach and the statistical program (SPSS) (Statistical Package for Economics and Social Sciences) was used to analyze the data and reach the results. The study reached several results, the most important of which is that there is a statistically significant relationship between accountants' awareness of the importance of applying green accounting, and that there is also a statistically significant relationship between the role of applying green accounting and improving the transparency of information in financial reports. Accordingly, the researchers recommended working on enacting local laws and regulations that keep pace with the updated international standards that oblige industrial companies to disclose environmental costs in the financial statements, which supports their transparency, and the need for industrial companies operating in the city of Misurata to pay more attention to applying green accounting to contribute clearly to the responsibilities and duties that companies must bear in the field of the environment for development purposes.