The impact of expert systems on environmental sustainability and its Reflection on the quality of accounting information

an analytical study of a sample of industrial companies listed on the Iraq Stock Exchange

Abstract

This research aims to demonstrate the impact of expert systems on environmental sustainability and its reflection on the quality of accounting information in industrial companies listed on the Iraq Stock Exchange. The research problem lies in the fact that the accounting information reported in financial statements is prepared by accountants in the finance departments of industrial companies. These departments often lack crucial information, including how to report on environmental sustainability, which negatively impacts the quality of financial information that helps users of these reports—investors and new creditors—make sound decisions. A questionnaire was designed and distributed to the accounting and finance staff in the finance departments of industrial companies listed on the Iraq Stock Exchange. The responses were analyzed using the SMART statistical software. Expert systems, which are considered artificial intelligence and knowledge-based technologies, are increasingly adopted in various sectors, including financial accounting and sustainable environmental management departments. In the context of environmental sustainability, expert systems can help improve resource utilization, reduce waste, and enhance decision-making processes by providing accurate, data-driven insights. Expert systems contribute to achieving better environmental outcomes by simplifying financial reporting processes and ensuring compliance with sustainability standards. On the accounting side, integrating expert systems improves the accuracy, transparency, and timeliness of financial reports, which in turn enhances the overall quality of accounting information. The study highlights the symbiotic relationship between expert systems, environmental sustainability efforts, and the quality of accounting information, indicating that their application can lead to more informed and responsible decision-making that benefits industrial companies and the environment more broadly.

  The findings emphasize the importance of leveraging modern technologies to address environmental sustainability challenges while improving the integrity and quality of accounting information, thereby enhancing the quality of published financial reports and increasing stakeholder confidence.

  Key recommendations include conducting workshops and training courses to develop the skills of employees in finance departments and divisions regarding the importance of expert systems, and leveraging digital transformation by using expert system tools in accounting measurement and reporting processes.