[ 27th September 2022 by Mini Nefu 0 Comments ]

The response of statutory financial auditors in Libya to environmental issues: An initial and eploratory study, Prof. Nassr Ahmad and Kamal Mohmes

Prof. Nassr Saleh Mohamad Ahmad
Financial and Managerial Science School
Libyan Academy, Tripoli
Email: nassr.ahmad@hotmail.com
Kamal Abd Al‐Salam Mohmes
Accounting Department, Economic Faculty
Al‐Zautona University, Trhona

DOI: 10.1108/20425961211276633

Purpose: The consideration of corporate environmental responsibility (CER) has been in existence for more than a decade now, rising to prominence as a result of the upsurge in environmental auditing (EA). Despite the many international claims that auditors are positioned to play a pivotal role in the design and conduct of EA, no previous study has been undertaken in the Libyan context. The purpose of this paper is to gain insights into the preparedness of Libyan financial auditors to handle EA within the conventional auditing framework.
Design/methodology/approach: The paper comprises an exploration of the views and experience of 93 practitioners in the 27 largest auditing offices in Tripoli. A questionnaire was chosen for this study. It was pre‐tested by nine members of staff in accounting departments at Libyan universities and 11 practitioners. The final Arabic copies of the questionnaire were distributed in the final survey. The number of questionnaires distributed was 93 and the response rate was 87.1 per cent (usable questionnaires 81).
Findings: The results of this research are reflective of contemporary international studies, suggesting that, although the Libyan financial auditors recognised the influence of environmental issues on the different stages of auditing, they are conspicuously absent from EA. This can be attributed to: their lack of competence in such an area; a lack of professional standards and guidance; a lack of research in this area; EA not being required by laws; limited public demand for environmental reports; and the low level of environmental disclosure by Libyan companies.
Originality/value: It is envisaged that this initial study will add to the limited literature on EA in developing countries and provide a useful framework for further studies, especially those in the Arabic region.
Keywords: Libya; Auditing; Corporate governance; Responsibility accounting; Corporate environmental responsibility; Environmental auditing; Libyan financial auditors; Environmental disclosure.
Citation: Saleh Mohamad Ahmad, N. and Abd Al‐Salam Mohmes, K. (2012), "The response of statutory financial auditors in Libya to environmental issues: An initial and exploratory study", World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 8 No. 4, pp. 260-272. https://doi.org/10.1108/20425961211276633


WJEMSD v8 n4 2012 Ahmad_Mohmes.pdf
WJEMSD v8 n4 2012 Ahmad_Mohmes.pdf
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