THE ROLE OF IFRS IMPLEMENTATION AND TRAINED PERSONNEL ON FINANCIAL REPORTING DISCLOSURE AND QUALITY OF IRAQI COMMERCIAL BANKS

Abstract

Financial reporting (FR) quality plays a critical role in organizational success and has become a key area of focus for researchers. This study investigates the impact of International Financial Reporting Standards (IFRS) implementation and the role of trained personnel on FR disclosure and quality within Iraqi commercial banks. Additionally, the study explores the mediating effect of FR disclosure between IFRS implementation, trained personnel, and FR quality. Data was collected from employees of Iraqi commercial banks involved in IFRS implementation through surveys. The relationships between the variables were analysed using Smart-PLS. The results indicate that both IFRS implementation and trained personnel positively influence FR disclosure and quality in these banks. Furthermore, the study finds that FR disclosure significantly mediates the relationship between IFRS implementation, trained personnel, and FR quality. Based on these findings, the study suggests that policymakers should focus on developing policies that enhance FR quality through improved FR disclosure and the effective implementation of IFRS with trained personnel.