The influence of qualitative characteristics of accounting information on the quality of financial statements in private commercial banks: Wasit province: A Case Study, Iraq
Department of Accounting, College of administration and economics, THI-QAR University, Iraq.
Case Study
World Journal of Advanced Research and Reviews, 2023, 19(02), 1406–1424
Article DOI: 10.30574/wjarr.2023.19.2.1715
Publication history:
Received on 15 July 2023; revised on 26 August 2023; accepted on 29 August 2023
Abstract:
The present study aims to measure the influence of qualitative characteristics of accounting information on the quality of financial statements in private commercial banks in Wasit Province by measuring the influence of the primary and secondary characteristics of accounting information on the quality of financial statements in the banks of the study sample. To obtain the objectives of the present study, the descriptive analytical approach is used. A questionnaire is used and its paragraphs are formulated based on international accounting standards (Standard No. (1) presenting the financial statements). The present study targets (financial managers, internal auditors, and accountants) as its sample. (75) questionnaire forms are distributed to the study sample. (65) of them are returned, which constitutes a percentage of (86%) to be analyzed. The researcher uses descriptive statistical methods, the arithmetic mean, standard deviation, the percentage to express the percentage of the arithmetic mean of the respondents' answers, in addition to using (five-point Likert scale) and (One Sample T-Test) to analyze data and test hypotheses, as well as using the SPSS. The present study found that there is a very significant influence of the primary and secondary characteristics of accounting information on the quality of financial statements. The present study recommends that it is important to improve the quality of financial statements issued by private commercial banks in Wasit Province so that they become easy to understand by users and help them in making their various decisions.
Keywords:
Qualitative Characteristics; Accounting Information; Quality; Financial Statements; Private Commercial Banks
Full text article in PDF:
Copyright information:
Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0