The Impact of Accounting Disclosure of Social Responsibility Costs on the Media Content of Financial Statements

Objectives: The research aims to emphasize the importance of Social Responsibility (SR) costs and their impact on financial statements. Methods: The researchers employed a combination of separation and quantitative disclosure methods for SR costs and benefits. The direct measurement method was primarily used, along with the indirect (derivative) method. Social costs were classified into four areas: employees, environment, society, and customers. Results: The study was conducted using the Southern Refinery Company as a sample to measure the cost of SR, separating it from economic costs, and highlighting its impact on the financial statements. Conclusion: The study recommended that companies fulfill their social responsibilities by disclosing SR costs and activities in financial statements. This practice ensures accuracy, facilitates monitoring, and provides a clear and truthful image of the company.