Financial Disclosure
2 articles filed under this keyword.
The Impact Fair Value Accounting Implementation on the Quality of Financial Disclosure in Commercial Banks during Financial Crisis
Yaaqub Ahmed Hama Saeed, Sirwan Lutfalla Abdalla, Rizgar Ali Ahmed
This research investigates the application of fair value accounting in the banking sector and its influence on financial disclosure, particularly during periods of financial crisis. Fair value application in commercial banks is recognized as an influential tool for enhancing the financial statements, as it improves the transparency, ability to manage risk, and enabling effective financial decision making. To achieve the objectives and results of the study, (60) questionnaires were used as a research tool in the field study, where the questionnaire was formulated through a survey of the target groups to achieve the objectives of the study. Statistical program for social sciences (SPSS) was used to analyze the questionnaire data. The results showed that adopting a financial accounting system of the fair value model for accounting measurement and financial disclosure plays an important role, according to which it affects the quality of accounting information by maximizing the qualitative characteristics of this information, represented by relevance, reliability, comparability, and understandability. However, the results revealed, during financial crisis, no variance in the financial disclosure quality while applying fair value accounting. Since applying fair value accounting has positive direct effect on financial disclosure clarity, high report quality, transparency, and provision of reliable information for decision-making, the research recommends improvement in applying fair value accounting in financial banks especially during financial crisis.
Volume 12 · Issue 6 · December 2025The Role of Accounting Culture in Enhancing the Quality of Financial Disclosure
Omar Hussein Abdulrahman
The paper is an attempt to examine how the common accounting practices, values and professional standards among the accountants of Faruk group determine and affect the level of clarity, by clarity we mean transparency, and the accuracy of financial disclosures. To achieve the objective of this study, the researcher made use of the descriptive analytical methodology in which, the researcher gave out the questionnaire forms to 75 participants which were all chosen on a random basis. As a result, a total of 70 accurate responses were collected and analyzed, which gives a strong response rate of 93.3%. According to our findings, it was found out that accountants possessed a well-developed accounting mindset, with strong conceptual understanding, awareness of international standards, and high ethical principles. Furthermore, throughout the study, a high level of financial transparency, with clear presentation of information and accessibility of key details was found, Pearson’s correlation test affirmed a strong, Sig.nificant positive link between accounting culture and financial disclosure (r = 0.721, Sig. = 0.000). In addition to this, T-tests and ANOVA revealed Sig.nificant variations in accounting culture and financial disclosure based on gender, academic qualifications, and years of experience. In conclusion, the study strongly suggests the continuous support for professional development programs for accountants, this points out the importance of specialized training in global reporting standards and ethical practices, which are certainly essential for improving the clarity and accuracy of financial information provided to relevant parties.