The Contribution of International Accounting and International Financial Reporting Standards (IFRS) to Enhancing Green Finance and Achieving Financial Sustainability

Abstract

"The objective of the study is to evaluate the contribution of implementing International Financial Reporting Standards (IFRS) in promoting green financing and achieving sustainability through improving environmental disclosure in financial institutions. The study's methodology relied on a questionnaire distributed to the study's sample (sample size:65 participants), with statistical analysis of the data using hypothesis testing. The study reached the main result: 'Rejecting the null hypothesis and accepting the alternative, which proves the positive impact of IFRS in supporting sustainable green financing.' The study recommended adopting IFRS mandatorily, along with training programs and analytical tools to enhance environmental disclosure and green financing.