Challenges of Green Entrepreneurship Audit

t only the publication of the financial consequences of economic activities by organizations that interests stakeholders, but also for making decisions based on the environmental measures of business. In this regard, the published financial statements correspondingly reflect the results of green entrepreneurship, which are subject to audit assessments and included in the conclusions. However, the organization of green entrepreneurship audit encounters obstacles in cases when, on the one hand, there is a lack of full-fledged accountability for sustainable development by organizations, and on the other hand, perhaps an effective methodology for conducting green audits is not being applied. The article makes recommendations for improving the methodology for auditing green entrepreneurship. In particular, it is proposed to include GRI, SAAB, and CSR reports in the information field used by the audit, which requires a special approach to audit assessments. Moreover, these assessments relate not only to the reliability of information and the presence of substantial errors, but also to the "ensuring of green growth" by organizations during the reporting period. That is, the scope of the research includes, on the one hand, proposals for informational improvements in green business auditing, and, on the other hand, revisions of the traditional audit opinion aimed not only at the reliability of published reports, but also at assessing the effectiveness of organizations' sustainable development.

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Publication Details

Journal
Messenger of Armenian State University of Economics
Published
2025-01-01
DOI
https://doi.org/10.52174/1829-0280_2025.1-39
Primary Topic
Public Procurement and Policy
Type
article
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article

Challenges of Green Entrepreneurship Audit

HAYK MNATSAKANYAN
Messenger of Armenian State University of Economics
Public Procurement and Policy
article

Challenges of Green Entrepreneurship Audit

HAYK MNATSAKANYAN
article en

Abstract

t only the publication of the financial consequences of economic activities by organizations that interests stakeholders, but also for making decisions based on the environmental measures of business. In this regard, the published financial statements correspondingly reflect the results of green entrepreneurship, which are subject to audit assessments and included in the conclusions. However, the organization of green entrepreneurship audit encounters obstacles in cases when, on the one hand, there is a lack of full-fledged accountability for sustainable development by organizations, and on the other hand, perhaps an effective methodology for conducting green audits is not being applied. The article makes recommendations for improving the methodology for auditing green entrepreneurship. In particular, it is proposed to include GRI, SAAB, and CSR reports in the information field used by the audit, which requires a special approach to audit assessments. Moreover, these assessments relate not only to the reliability of information and the presence of substantial errors, but also to the "ensuring of green growth" by organizations during the reporting period. That is, the scope of the research includes, on the one hand, proposals for informational improvements in green business auditing, and, on the other hand, revisions of the traditional audit opinion aimed not only at the reliability of published reports, but also at assessing the effectiveness of organizations' sustainable development.

Messenger of Armenian State University of Economics
Armenian State University of Economics (AM)
Openalex Percentile: Top 80%
Public Procurement and Policy
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Challenges of Green Entrepreneurship Audit — HAYK MNATSAKANYAN · Messenger of Armenian State University of Economics (2025) | TGRS Research Map | TGRS