Reflection the Level of Disclosure on the Accounting Information Relevant Using Standards and Poor's Indicators

Sabeha Barazan Farhood

Abstract

The purpose of this study was to measure the commitment of companies to apply the standards of transparency in financial reporting and to determine the reflection of disclosure according to Standards & Poor's (S&P) on the relevant of accounting information, Was used the Bartov model to measure the relevant of accounting information through the regression equation. Was used A sample of five commercial banks from the banks listed in the Iraqi Stock Exchange was used for five years from 2012 to 2016. was used S&P indicators to measure the level of disclosure of the sample banks: (1) In the case of disclosure and zero in case of disclosure, (2) The most important results were that the four banks (the Iraqi Investment Bank, Al-Mansour Investment Bank, Middle East Bank, and Commercial Bank of Iraq) were the arithmetic mean for the disclosure of index indices less than 50% for all disclosure indices according to S&P. More than 50% disclosure of S&P. This study found that there are many factors that lead to the value of accounting information, including the market value of shares and book value, in addition to the application of international financial reporting standards, and the disclosure of banks according to the Standards and Poor's, they affect very little.