Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


The Effectiveness of Disclosing Sustainability Accounting-Related Information in Small and Medium-Sized Enterprises (SMEs) in Raising the Reliability of Financial Reports

Author(s): Rafat Salameh Salameh, Ahmad Yousef Kalbouneh, Zaynab Hassan Alnabulsi, Mohamoud Al-Sohaimat, Khalid Munther Lutfi

This study explored the effectiveness of disclosing sustainability accounting-related information in small and medium-sized enterprises (SMEs) in raising the reliability of financial reports in Jordan. It explored that from the perspective of certified public accountants and auditors in Jordan. The researcher of the present study adopted a descriptive inferential approach. The population involves all the certified public auditors in Jordan (i.e. 402 auditors). 350 questionnaire forms were passed to the sampled auditors. 298 questionnaire forms were relieved. However, two (2) questionnaire forms were excluded because they weren’t filled in full. Thus, 296 questionnaire forms were deemed valid for statistical analysis. The researcher of the present study reached several results. For instance, he found that small and medium-sized enterprises (SMEs) are keen on making sure that the accounting-related information in the financial reports represents their financial status. He found that providing attention to disclosing sustainability accounting-related information shall contribute to raising the reliability of financial reports. He recommends paying attention to the qualitative characteristics of the accounting-related information in the reports of small and medium-sized enterprises (SMEs). That is because such reports provide information about sustainable development and its environmental, economic and social dimensions. The researcher of the present study recommends improving the methods used for drafting financial reports and statements in a manner that meets the needs of the users of financial. He recommends doing that in a manner that ensures that such reports are free from bias.

Get the App