The role of auditors in disclosure on the extent to which companies comply with international accounting standards

The research aims to know the role that the external auditor plays in obligating investment companies to disclose financial information in their final reports in accordance with international accounting standards. this is done by conducting analytical tests for reports and the annual and interim lists of a sample of Iraqi investment companies listed on the Iraq Stock Exchange, represented by (Al-Amin Investment, Al-Batik Investment, Bain Al-Nahrain Investments, Al-Wiam Investments, Al-Zawra Investment) for the fiscal years (2016-2017-2018) and by analyzing the answers to the questionnaire distributed on research sample individuals.https://www.neuroquantology.com/media/article_pdfs/741-756.pdf
The most important finding of the research is that international accounting standards are one of the most important rules that are required to be adhered to by Iraqi companies for the purpose of achieving transparency in the process of disclosure and reporting of accounting information.
As well as a clear discrepancy in the process of applying international accounting standards between Iraqi investment companies as a result of the lack of means and procedures that obligate them to apply.
The most important thing recommended by the research is the necessity of activating the supervisory role of the bodies and auditors in order to increase pressure on Iraqi companies for the application of financial reporting standards like the rest of the other sectors.
As well as educating Iraqi companies on the importance of international accounting standards due to their relevance to their various accounting activities.

Faisal Alani

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