The Impact of Creative Accounting Methods on the Financial Statements of Companies Listed on the Iraqi Stock Exchange
Keywords:
creative accounting, financial statements, Iraq stock exchangeAbstract
The study aimed to identify the extent of the impact of creative accounting methods on the financial statements of companies listed on the Iraqi Stock Exchange. The first axis: the impact of creative accounting methods on the income statement, the second axis: the impact of creative accounting methods on the statement of financial position, and the third axis: the impact of creative accounting methods on the cash flow statement, and the data was processed using the statistical package (SPSS) program. The study concluded that there is an impact of creative accounting methods on the financial statements in the Iraqi economic institutions and that effect was on the statement of financial position, the list of cash flows, and the income statement.
Based on the results, the study recommended: The need to provide the requirements and requirements for accountants in companies so that their practice of creative accounting is within the limits of accounting standards and laws in a way that does not affect the honesty and fairness of the financial statements and work to raise awareness of the development of specialists to be more able to detect tax evasion operations due to the practice of accounting methods Creative that goes beyond accounting standards and laws.
Downloads
References
Ismail, Magil Daoud (2014). The impact of creative accounting methods on the reliability of accounting information, Al-Qadisiyah Journal for Administrative and Economic Sciences, 16 (3), 1-32.
Barhouma, Nariman (2021). The role of the account keeper in revealing creative accounting and limiting its impact on the quality of financial statements, unpublished master's thesis, Mohamed Boudiaf University of M'sila, Algeria.
Belhyani, Khadija (2021). Creative Accounting and its Practice in Financial Statements, Algerian Journal of Economics and Finance, 8(15), 7-17.
Al-Tamimi, Haider Kazem (2021). The impact of creative accounting practices that are reflected on the honesty and fairness of financial statements in tax evasion, Journal of Accounting and Financial Studies, 16 (56), 52-72.
Jamoui, Omar and Brahmi, Fawzia and Al-Saidi, Saadia (2022). The impact of corporate governance mechanisms in limiting creative accounting practices, a professional vision, Journal of Studies, Economic Issue, 13(1), 137-154.
Rahish, Saida (2014). The extent to which the financial statements in Algerian institutions comply with international financial reporting standards, unpublished master's thesis, Ahmed Bougherra University.
Saadi, Abdel-Haq and Sheikh, Abdel-Qader (2020). Creative Accounting and its Impact on the Quality of the Financial Statements of Algerian Economic Institutions, Journal of Economic Papers, 5(1), 1-21.
Saber, Aisha (2022). The amendment in accounting policies and their impact on the financial statements, unpublished master's thesis, University of Martyr Hamma Lakhdar, Algeria.
Abdel-Raouf, Salem (2020). The Impact of Using Creative Accounting Techniques on Financial Statements, Unpublished Master's Thesis, University of Martyr Hamma Lakhdar, Algeria.
Abdel-Raouf, Naima and Al-Orabi, Fathia (2022). The use of financial statement analysis and its role in the financial performance of the economic institution, unpublished master's thesis, University of Ahmed Draya - Adrar, Algeria.
Abd, Fadlallah (2021). The role of forensic accounting philosophy in the transparency and quality of financial statements, Journal of Accounting and Financial Studies, 16 (56), 122-134.
Ali, Abdel Wahab (2009). Encyclopedia of Modern External Auditing According to Arab, International and American Auditing Standards, 4th Edition, Cairo: University House.
Farah, Thana and Abdel-Aty, Sayed (2018). Corporate Governance and Ethics of the Accounting Profession, Cairo: Faculty of Accounting, Cairo University.
Karima, Rabea and Omar, Saleh (2002). The role of the external auditor in revealing creative accounting methods affecting the accuracy of accounting information in the income statement, (3),427-449.
Laroussi, Asia (2019). The effect of creative accounting on the quality of accounting information in Algeria, unpublished PhD thesis, University of Mohamed Boudiaf, Algeria.
Mubaideen, Hammad (2010). The role of creative accounting in the emergence of the global financial crisis and the loss of reliability in financial statements from the point of view of auditors and university professors, Journal of Economic and Administrative Research, 4(8), 74-107.
Naqmoush, Adel (2019). Modern methods of detecting and limiting creative accounting practices in Algeria, Journal of Economic, Commercial and Management Sciences, 12(2), 1-28.
El Hablawi, Ahmed (2019). Creative Accounting, 1st Edition, Damascus: House of Science and Faith for Publishing and Distribution.
Abed, ibtihal & hussin, nazimah (2022). Creative Accounting Determination and Financial Reporting Quality: The Integration of Transparency and Disclosure, journal of open innovation: technology, market, 8(1), 38.
Abou bakr essedik,k (2022). kidaouene the role of the erp system in limiting creative accounting practices - a study by questionnaire with a sample of accounting practitioners in algeria, The journal of Economics and Finance (JEF),8(2), 295-310.
Abuied, Raed & Aldomy, Rakan (2022). Impact Of Creative Accounting Practices On Financial Statements: A Ca8se Study Of Palestinian Auditors And Academics, journal of southwest jiaotong university, 57(2), 23-39.
Jonse, M (2011). Creative Accounting Fraud International Accounting Scandals, Chicgister England: A Johnwiley And Sons,Ltd Publication.
