" The Role and Responsibility of the Auditor in Reporting on Social Performance Indicators of Public Companies in Light of the Requirements of the Capital Market Authority of Egypt – An Applied Study "

Research Abstract

Egyptian stock exchange launched in 2010 the index of the Egyptian social and environmental responsibility and governance )S&P/ EGX ESG) in the interest of modern global trends in capital markets indicators, which began to focus on sustainable development criteria, especially in light draws investors to link financial standards and non-traditional activities standards for companies, such as maintaining good levels of environmental performance, and distinct social responsibility, and to follow the standards and rules of good governance. And therefore there is a need for extends activity audit profession to inspect and review the social activities of the economic units and giving impartial professional opinion about it, This is called social performance audit of the economic units. This study aim to determine the role and responsibility of the auditor towards reporting about social performance indicators for companies to achieve disclosed justice in the financial statements and improve the quality and credibility of the financial reports of companies, through polled a sample of external auditors and investors, and concluded that the companies disclosure and the auditor's report about social performance indicators contribute to improving the quality and credibility of the financial reports of companies .

Research Keywords

" The Role and Responsibility of the Auditor in Reporting on Social Performance Indicators of Public Companies in Light of the Requirements of the Capital Market Authority of Egypt – An Applied Study "