The Ability of The Economic Units’ Commitment to Disclose Operational Sectoral Information According to The International Standard (IFRS 8) And Its Implications for Investors’ Decisions

Abstract

The main objective of the research is: examining the compliance (or non-compliance) of the companies listed in the Iraq Stock Exchange with the requirements of the International Financial Reporting Standard (8) IFRS, with regard to sectoral numbers and the resulting disclosures, and after discussing the theoretical dimensions of the international standard, it came The practical side, which included taking a sample of the companies listed on the Stock Exchange, the subject of the research, and the sample companies were distributed among the various sectors (industrial, commercial, agricultural, and service). After preparing the tables and examining and analyzing the results, it was found that: The companies (the study sample) disclose the bases of sectoral positions related to their operating data, in accordance with the requirements of IFRS (8). At the same time, these companies do not comply with the required sector-wide disclosures.