Identifying users’ objectives and information needs of financial reports of regional electricity companies in Iran

Document Type : Research Paper

Authors

1 Department of Accounting, Allame Tabatabaei University, Tehran, Iran.

2 Department of Industrial Management, Allame Tabatabaei University, Tehran, Iran

Abstract

Subject and Purpose of the Article: Regional electricity companies are organizations that pursue both social goals and financial goals in order to fulfill the assigned missions, so fulfilling and evaluating the responsibility of accountability due to their dual goals is of fundamental importance. In this research, the weaknesses and inadequacies of the financial statements have been studied by examining the information needs of the users of the financial reports of these companies.
Research Method: The data has been collected after library study and exploratory search in the theoretical foundations and financial and auditing laws and regulations of these companies and using questionnaires and has been analyzed using appropriate statistical.
Research Findings: The evidence from the analysis of the views of the respondents shows that the information provided in the financial statements is not sufficient for the purpose of fulfilling and evaluating the responsibility of accountability, which is a priority, and there is a significant gap between the current situation and the desired situation. The findings indicate that in addition to financial information regarding the organization as a whole, users also need information regarding the financial status, financial and budget performance of each organization's goals.
Conclusion, Originality and its Contribution to the Knowledge: According to the findings of the research, the users use the financial statements of regional electricity companies with the aim of evaluating the responsibility of accountability, it is necessary to design and implement a suitable reporting model to improve accountability.

Keywords

Main Subjects

References

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Governmental Accounting
Volume 10, Issue 1
January 2024
Pages 93-110

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History

  • Receive Date: 02 December 2022
  • Revise Date: 23 September 2023
  • Accept Date: 25 September 2023

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