The Role of Governance and Accounting Information in the Financial and Administrative Reform Program
- Post by: Muthanna mjdes
- October 23, 2022
- Comments off
Saud Jayed Mashkour & Abdul Hadi Salman Saleh & Haider Abbas Abdul
Advantages University
Abstract
In recent years, most countries of the world have been interested in applying the corporate governance system in all economic sectors after the financial crises that occurred in many companies at the end of the last century. This is applied especially in developed countries due to the low level of quality of accounting information that expresses the efficiency of performance and the financial position of the economic unit. This led to a loss of confidence in the accounting information contained in the reports and financial statements.
This study aims, in its theoretical framework, to present a conceptual approach to the corporate governance system and its importance, as well as the concept of the quality of accounting information. Then, it tries to clarify the nature of the relationship between the governance system and the quality of accounting information, and the impact of this relationship on the financial and administrative reform program. This study has been conducted on a sample of government and private units by distributing a questionnaire to (54) employees of these units.
The study concluded that there are a correlation and impact relationship between the two independent variables, namely, the corporate governance system and the quality of accounting. information, in order to reach the goal of achieving the dependent variable, which is financial and administrative reform in the economic units in Iraq. Among the most prominent recommendations of this study is the necessity of applying the corporate governance system and the quality of accounting information alike, because of the correlation and impact they have on the financial and administrative reform process in Iraq.
DOI:10.52113/6/2021-11-4/161-176
