Motives for Applying International Accounting Standards and their Impact on Accounting Disclosure
(Applied research in a sample of private Iraqi banks)
Abstract
The research aims to study the motives and reasons that led to the application of international accounting standards in financial institutions such as banks and banks as a means to provide external parties, including users and investors, at all levels, with the financial data and information necessary to make rational and correct decisions. The research also clarified the role of the employees of accountants and auditors and developing their capabilities in knowing the application of accounting standards in financial institutions, including private banks listed on the Iraq Stock Exchange. This is what was observed in the post-2003 year of the large number of banks and banks in the Iraqi financial institutions and companies and the lack of transparency and the correct disclosure of financial information and data as it indicates that there are deficiencies and low levels of financial data presentation in financial institutions, including Iraqi private banks, the research sample and this is what has been done. A study on the practical aspect in a practical way in the research sample through an open questionnaire prepared to demonstrate the motives for applying international accounting standards, as the sample took (40) research individuals to answer inquiries in the questionnaire, the results of the research , and the answers to the questionnaire, and at a rate of (80%) it was ranked first (accounting standards). International is the design, development and application of new financial processes and tools and the provision of innovative solutions for accounting disclosure) which is one of the main important motives for applying the standards (IAS) and ranked last for the application of international accounting standards which is (in application and in reality, banks face many obstacles in adopting the method of accounting disclosure of financial statements. At a rate of (66%) .Among the recommendations recommended by the researcher is the necessity for financial institutions and companies to fully implement the International Accounting Standards (IAS) in order for the financial data and information to be useful to other parties.
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رابعاً. مواقع مختارة على الانترنت:
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