The role of Sustainable Forward-Looking disclosure accounting in enhancing the informative content of financial reports/ Applied study on a sample of companies listed in Iraq stock market

Abstract

The research aims to determine and measure the level of sustainable Forward- Looking accounting disclosure in the financial reports of a sample of companies listed in the Iraq Stock Exchange. It also aims to know its reflection in providing integrated information that leads to rationalizing the decisions of users of financial reports in evaluating the financial and non-financial performance of the economic unit. It also aims to measure the ability of its management to use its resources effectively in a way that ensures maximizing the interests of stakeholders in the unit, including investors, creditors and others. The study was applied in a sample of three companies registered in the Iraq Stock Exchange. The most important results of the study were that the level of sustainable Forward- Looking accounting disclosure in the study sample companies is insufficient and inappropriate and does not support the requirements of appropriateness of information and its honest representation of the reality of the activities of economic units.