Abstract

The research aims to identify the effect of integrated reporting on the value of economic units by addressing both the concept and the importance of value for economic units in light of a new approach to accounting disclosure. The importance of the research is that accounting disclosure is no longer limited to presenting objective financial information. Which is compatible with the capabilities of the average investor, but extends to include a wider range of information that needs extensive knowledge and know-how by investors, stakeholders and analysts in order to make appropriate financial decisions, and this new approach is what is known as integrated reports, and the case study was conducted on Wasit textile and weaving factory. Whose plants are located in Wasit Governorate, by relying on the financial statements for the year 2018-2019 The most important results indicated that the main goal of integrated reports is to identify how economic units add value and how to maintain it over time, by providing financial and non-financial information to all stakeholders, provided that this information is able to meet their needs and help them in making decisions. Appropriate and correct, as well as the creation of the value sought by economic units cannot be achieved through financial information only, but must take into account the external environmental influences and issues that include economic, environmental and social aspects and how to integrate them into the business model of the unit. The two researchers recommend vigorous and continuous efforts by departments in economic units in general and factory management in particular to improve the quality of their products and services in order to ensure their continued survival in the competition market, as well as increase awareness of the factory management and its employees of the importance of preparing integrated reports so as not to lose the benefits that have arisen For its sake and the importance it achieves in creating value as well as enhancing reputation and brand in the short, medium and long term.