Determining the knowledge levels of Iraq accounting professionals on international accounting/financial reporting standards: Nineveh Health Department example

Due to Globalization, developments in international markets and the increase in the number of businesses operating in the international arena necessitated the development of a common accounting/financial reporting language. With the business activities crossing international borders, the developments in the capital markets and the emergence of new financial instruments, problems have been encountered from time to time regarding the comparability of the financial statements of multinational companies. In order to overcome these emerging problems, there has been a trend in the world to create a single financial reporting language that is compatible with each other and can be used in all countries, instead of different accounting and financial reporting standards applied in different countries. All transactions in Iraq are carried out according to the Iraqi Uniform Accounting System and using a uniform chart of accounts. The translation of the standards was published in 1992 by the Accounting and Auditing Standards Board in Iraq. They translated only the parts of 14 standards that they consider important to Arabic. They did not translate the issues included in both the standards and the Iraqi Uniform Accounting System. As a result of efforts to harmonize standards in Iraq, there are differences between accounting practices and current accounting practices. Iraqi Accounting Staff should be made aware of these differences. For this reason, it is important for professional accountants to be knowledgeable about these standards. The aim of this study is to determine the level of knowledge of the accounting professionals working in the Nineveh Health Office in Iraq about International Accounting / Financial Reporting Standards and to take into account the education level, age, gender and experience level of the accounting professionals. perspectives were tried to be presented.