Impact of creative accounting practices on financial performance
Application study at Mansour Commercial Bank and United Investment Bank for duration
(2013-2019)
| Dheyaa Zamil khudhair Assistant Professor Dr.
Al-Qadisiyah University: College of Administration and Economics/ Department of Finance and Banking Abbas Jalil Mohaisen
|
Abstract:
The main objective of the research is to find out whether there is a practice of creative accounting in Iraqi commercial banks listed on the Iraqi Stock Exchange through the use of one of the modern measurement measures, the Miller model, as well as to know the impact of these practices on the financial performance of these banks, and to achieve this goal the research was applied to Mansour Commercial Bank and United Investment Bank for the period (2013-2019) and has used a range of financial and statistical methods such as regression, correlation coefficient and testing F , T to test the hypotheses of research the research has reached a set of conclusions, the most important of which is: Iraqi commercial banks listed on the Iraqi Stock Exchange practice the sample of research creative accounting through profit management when preparing and presenting financial statements and these practices have a significant negative impact The research concluded with a set of recommendations, the most important of which is: accounting standards makers should reduce management’s ability in creative accounting practices by reducing the number of alternatives available in the field of measurement and financial reporting with controls for each alternative, as well as improving the transparency of financial statements through adequate and fair disclosure, and working to introduce accounting ethics as an independent subject within the curriculum of the Accounting Department in Iraqi universities and institutes.
Keywords: Creative Accounting, Financial Performance
