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A Proposed Mechanism for Financial Reporting on Sustainable Investment and Its Role in Achieving Value Added - Applied in the Iraqi Midland Refineries Company-
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The research aims to develop a proposed mechanism for financial reporting on sustainable investment that takes the specificity of these investments.

To achieve this goal, the researcher used (what if scenario) where the future financial statements were prepared for the year 2026, after completion of the sustainable project and operation, as the project requires four years to be completed.

The researcher relied on the results of the researchers collected from various modern sources relevant to the research topic and published on the internet, and the financial data and information obtained to assess the reality of the company's activity and its environmental, social, and economic impacts to formulate a proposed mechanism for accounting for Sustainable Investment.

And the experimental approach was adopted to provide a proposed mechanism for financial reporting on sustainable investment per international accounting and reporting standards and then applied at the Iraqi Midland refineries company.

There are three main findings from the research: the first finding shows the possibility of financing these projects, because this project may not generate significant economic returns (aims to achieve environmental and social returns as well), by configuring a sustainable reserve allocated to finance these projects. The second finding shows the possibility of presenting accounts for sustainable investment separately from traditional accounts (sustainability reserves, sustainable assets, sustainable revenues, sustainability expenses), as this classification can play an important role in the financial sustainability analysis. The third finding is the application of the proposed mechanism that contributes to increase the company's added value.

The practical effects of the research are to encourage Iraqi companies (oil companies in particular) to invest in sustainable assets and develop a way to assess the sustainability of companies, because Iraq is one of the most Arab countries burning Gas flare. The researcher tried to highlight this project because it is the best example of sustainable investment that achieves economic returns (the sale value of recovered gases), social returns (protection of citizens living in the vicinity of the refinery) and environmental returns (reducing greenhouse gas emissions that contribute to global warming), where companies avoid investing in these assets because of their high cost and lack of expected financial return, and the relevant international organizations seek to promote this type of investment and develop appropriate tools, and this research comes in line with international trend.

The concept of sustainable investment is a relatively recent one, where the originality of the current research shows in its attempt to present a proposed mechanism of financial reporting that supports this new type of investment due to the relative importance of this new type of investment

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Publication Date
Fri Jan 01 2021
Journal Name
Aip Conference Proceedings
The effects of devitrification on the lithium glass surface and microstructure
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Publication Date
Sun Oct 30 2022
Journal Name
Iraqi Journal Of Science
The Land Use and Land Cover Classification on the Urban Area
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     The Land Use/ Land Cover (LULC) is an essential application in many remotely sensed projects and problems. Land use is simply man-made objects such as urban, road complex targets, etc., while land covers are defined as any target and phenomenon that appear neutral. The LULC study is essential for all current and future engineering projects, as it shows the nature of the land's components, which is evident in studying and modernizing residential areas. One of the essential operations for studying LULC is the heterogeneity detection and classification calculations of satellite images and topographic maps. A part of the Baghdad, Iraq region was selected for the Landsat satellite group at different periods to detect variance and mak

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Publication Date
Thu Dec 31 2015
Journal Name
Al-khwarizmi Engineering Journal
The Influence of Design and Technological Parameters on the MAF Process
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Abstract

 Experimental work from Magnetic Abrasive Finishing (MAF) tests was carried out design parameters (amplitude, and number of cycle which are formed the shape of electromagnetic pole), and technological parameters (current, cutting speed, working gap, and finishing time) all have an influence on the mechanical properties of the surface layer in MAF process. This research has made to study the effect of design and technological parameters on the surface roughness (Ra), micro hardness (Hv) and material removal (MR) in working zone. A set of experimental tests has been planned using response surface methodology according to Taguchi matrix (36) with three levels and six factors

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Publication Date
Sun Jul 30 2023
Journal Name
Iraqi Journal Of Science
On the G-quadratic and LG-quadratic of the Exterior Algebra and Associated Algebra
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     Given an exterior algebra  over a finite dimension vector space v, and let   , where  is a graded ideal in . The relation between the algebra  and    regarding to -quadratic and - quadratic will be investigated. We show that the algebra   is - quadratic if and only if   is - quadratic. Furthermore, it has been shown that the algebra  is - quadratic if and only if  is - quadratic.

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Publication Date
Wed Feb 08 2023
Journal Name
Iraqi Journal Of Science
The Effect of Solar and Lunar Attraction and SRP on the HEO of Satellite
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The perturbation of a satellite high orbit due to the presence of other
gravitational bodies (such as the Sun and the Moon) and SRP from the conservative
perturbing forces were studied, using our modified model. A precise calculation of
the perturbations is possible only if the initial orbit is sufficiently well known.
Orbital elements that have been entered hp=3000Km., inclination= 63ᵒ, 23ᵒ and
eccentricity= 0.1, longitude of ascending node 30ᵒ, argument of perigee 40ᵒ where
the orbital elements will deviate from initial values with time through 3000 days.
Newton-Rapson method was used to calculate the position and velocity with out
perturbation . The perturbed equation of motion solved numerically using

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Publication Date
Tue Jun 30 2020
Journal Name
Journal Of Economics And Administrative Sciences
The impact of the empowerment strategy in the employees performance by mediating organizational trust (Field res
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The research aims to measure the impact of the empowerment strategy on the performance of employees by mediating organizational trust in the organization. The problem of research was the weak ability of most business organizations to employ the strategy of empowerment in maximizing the performance of employees, and the importance of research in practice lies in the results of a guide to managers in how to use the strategy of empowerment in maximizing the performance of employees by mediating organizational trust dimensions of ability, benevolence, integrity. In order to achieve the objectives of the research and to answer the questions of the problem, the researcher has adopted the descriptive analytical approach as the questionnaire was

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Publication Date
Wed Oct 01 2008
Journal Name
2008 First International Conference On Distributed Framework And Applications
A strategy for Grid based t-way test data generation
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Publication Date
Wed Apr 19 2017
Journal Name
Ibn Al-haitham Journal For Pure And Applied Sciences
A Study Mechanical Properties for Bark Fiber Reinforced Polyester Composit
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Bark fiber has high potential use for composite reinforcement in biocomposite material. The aim of this study is the mechanical properties of Bark fiber reinforced polester composite with varying fiber weight fraction (0% , 5% , 10% , 20%, 30% and 40%) hand lay-up technique which  was used to prepare the composite , specimens for tensile , flexural and impact test according to the ASTM D638 , ASTMD790 , and Iso-179. The over all results showed that  the composite is reinforced with  Bark fiber at weight (10%) higher mechanical properties , and the composite showed improved  mechanical (Flexural).

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Publication Date
Sat Sep 01 2012
Journal Name
2012 International Conference On Statistics In Science, Business And Engineering (icssbe)
A proposal method for selecting smoothing parameter with missing values
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In this paper we proposed a new method for selecting a smoothing parameter in kernel estimator to estimate a nonparametric regression function in the presence of missing values. The proposed method is based on work on the golden ratio and Surah AL-E-Imran in the Qur'an. Simulation experiments were conducted to study a small sample behavior. The results proved the superiority the proposed on the competition method for selecting smoothing parameter.

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Publication Date
Sat Dec 01 2018
Journal Name
Ain Shams Engineering Journal
A semi-analytical iterative method for solving differential algebraic equations
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