Financial Tayyeb Reporting Is A Step Towards Social Responsibility Reporting

Today, organizations and their stakeholders are increasingly aware of the need for socially responsible behaviour. Corporate Social Responsibility (CSR) Reporting or Sustainability Reporting provides a comprehensive picture of the extent to which an organization interacts with its external environment. In addition to being consistent with the teachings of Islam, CSR reporting has a variety of advantages. These include additional information for decision making, more accurate product or service costing, enhanced image, the ability to identify market development opportunities, and, most importantly, maintain the organization s legitimacy for operations. In the context of corporate reporting, companies must take responsibility for competitive objectives and strike a balance between the interests of employees, customers, investors, and the public. Islam in addition to profit. It also addresses several ethical and social issues. Accordingly, in an Islamic economic environment, an entity is expected to pay attention to the creation of blessings and property of Tayyeb in addition to observing the halal and haram criteria. There are two levels of Tayyeb s financial reporting. First, providing information about the assets of the company (financial Tayyeb) and secondly performing an audit on the claims of management and ownership of the company s assets (financial Tayyeb auditing) which are neglected in the current financial reporting They remain. In this regard, the use of organizational excellence model as a platform for presenting the financial statement and audit of Tayyeb seems and is recommended.