Measure the level of practice of the accounting of the reservation in Iraqi companies contributing And its implications on quality financial reporting in the financial reports (applied study for a sample of shareholding companies listed in the Iraq Market Securities)

SHaalan  Jabbar, Nadhim

	Measure the level of practice of the accounting of the reservation in Iraqi companies contributing And its implications on quality financial reporting in the financial reports (applied study for a sample of shareholding companies listed in the Iraq Market Securities)
Muthanna Journal of Administrative and Economic Sciences
Article 1, Volume 7, Issue 2, 2017, Pages 107-133
Author
Nadhim SHaalan Jabbar
Abstract
The phenomenon of the spread of reservation in the financial statements is considered as the most controversial issues in contemporary accounting ideology that got the attention of many accounting literature, despite the criticism that it got because of the incompatibility with some of the qualitative characteristics of accounting information. This study provides more evidences about the level of accounting reservation in the financial reports for joint stock companies in Iraq. It also sheds light on the relationship between the accounting reservations that improving the quality of financial reporting and the impact of this relationship on the value of the business in the capital markets. The reservation may be used by the company management as a way to choose between accounting alternatives are opportunistic in practice by some policies of accounting applied by the companies, and in the multiplicity of accounting policies and estimates alternatives. To achieve these goals, the necessary data to test the hypotheses was collected and statistically significant indicators were reached on the level of accounting reservation in the financial reports issued by joint stock companies listed in the Iraq Market Securities, and the most important conclusions: 1. The majority of joint stock companies listed on the Iraq Stock Exchange accounting practices reservation at the measurement and disclosure of the results of activity and financial position. 2. There is a discrepancy between the economic sectors in the conservative policy practices due to the fact that the accounting reservation is one of the effective mechanisms in the organization of the company's contracts with various other parties. In addition, they avoid exposure to the risk of litigation if they have been overstated in the financial performance and the reduction of taxes borne by the company .
Keywords
The phenomenon of the spread of reservation in the financial statements is considered as the most controversial issues in contemporary accounting ideology that got the attention of many accounting literature; despite the criticism that it got because of the incompatibility with some of the qualitative characteristics of accounting information

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