Accounting disclosure under international accounting standards IAS
& international financial reporting standards IFRS in economic
entities in Iraq
Nadhim Shaalan Jabbar
Rowaida jassim mohammed
Al-Qadisiyah University – College of Administration and Economics
Corresponding Author: Rowaida jassim mohammed
Abstract : This research aims to know the extent of the impact of accounting disclosure in accordance with
international accounting standards and financial reporting standards on economic entities in Iraq, as disclosure
represents one of the important foundations, and its importance comes from the fact that the majority of readers of
financial reports do not have the right to see their financial reports.
There are many standards that emphasize the importance of accounting disclosure, the foundations determine the
information that enters the field of the accounting function, so the method of delivering that information must be
determined, and to do this, the information must be appropriate with the expected use and disclose the relationship
between the information and the foundations on which it depends.
To achieve the goal of the research, the level of accounting disclosure was measured in accordance with international
accounting standards and financial reporting standards for joint stock companies, the research sample, by conducting
an analysis of annual and interim reports and lists using a content analysis model for a sample of Iraqi companies
listed in the Iraqi Stock Exchange and in comparison with the application of accounting standards in other sectors.
The most important finding of the researcher is that there is a discrepancy in the process of applying international
accounting standards and financial reporting standards between Iraqi companies, and the banking sector ranked first
in the process of applying the standards, and there are also some companies that did not adequately disclose to the
investor the information of financial reports, and the most important thing recommended by the letter Represents the
need for Iraqi companies to apply international accounting standards and to disclose the necessary information for
financial reports, which reduces the disparity in information and helps users in making critical decision
