The effect of applying International Financial Reporting Standard No. (9) Financial Instruments on the quality of accounting information

Abstract

The research aims to diagnose the level of impact of the International Financial Reporting Standard (9) on the quality of accounting information with its variables (solvency, reliability, verifiability, comparability) in the Iraqi private commercial banks, which number (19) banks. The questionnaire was the main tool for collecting field data from the study community, so the questionnaire was designed according to the theoretical analysis of the existing variables and relationships, and the five-point Likert scale was used. The scientific addition was that the results of this research explored the nature of the impact of the International Financial Reporting Standard (9) to achieve the quality of accounting information, which will provide a guiding service for workers in this sector and its beneficiaries.

Keywords

• quality of accounting information
• IFRS