The Extent to which Iraqi Commercial Banks Adopt the IFRS9 Standard, a Credit Loss Prediction Clause - a Survey Study of the Opinions of a Sample of Banks Operating in the Kurdistan Region of Iraq

Authors

  • Safeen Sadiq Hassan Department of Accounting, College of Administration and Economics, University of Dohuk, Kurdistan Region, Iraq
  • Hussein Amin Hussein Department of Accounting, College of Administration and Economics, University of Dohuk, Kurdistan Region, Iraq

DOI:

https://doi.org/10.25007/ajnu.v12n4a1109

Abstract

The research aims to determine the extent to which Iraqi commercial banks have adopted the IFRS9 standard, an item for predicting credit losses for banks operating in the Kurdistan Region of Iraq. The research sheds light on the data for applying this standard according to the foundations of accounting thought, as the requirements for its application are a major challenge for commercial banks operating in Iraq in general and the Kurdistan Region. In particular, which was dealt with within the theoretical framework and field survey within this research, the research presented the position of Iraqi banks on applying this standard and the extent of their commitment to applying it. The research reached a set of results, the most important of which is the presence of high support from commercial banks operating in the Kurdistan Region on applying international accounting standards. And international financial reporting standards. It was also found that a third of respondents do not adopt the application of the IFRS9 standard in their banks, but rather apply the standards outside the instructions of local and international regulatory bodies. The research also presented a set of proposals, the most important of which is the need for the central bank to direct commercial banks and oblige them to apply international financial reporting standards, the most important of which is the standard. IFRS9 and provide a strategic vision based on forecasting credit losses in order to comply with the requirements of the IFRS9 standard.

Downloads

Download data is not yet available.

References

قائمة المصادر

أولاً: المصادر باللغة العربية

أ‌. التقارير والوثائق الرسمية:

الموقع الالكتروني الرسمي لسوق العراق للأوراق المالية من سنة (2010-2019). (www.isx-iq.net).

الموقع الالكتروني الرسمي للبنك المركزي العراقي (https://www.cbi.iq/).

ب‌. الرسائل والاطاريح الجامعية

عبدالحميد أحمد شاهين ، رجب محمد. عمران احمد بغدادي ،(2020)، القياس المحاسبي لمخاطر الأئتمان في ضوء المعاير الرقابة المصرفية لبازل والمعيار الدولي لإعداد التقارير المالية IFRS9 -دراسة ميدانية بالبنوك التجارية المصرية ، بحث منشور ، كلية التجارة ، جامعة سادات .

النصراوي ، سلام عادل عباس، (2017 )، آلية مقترحة لتكييف متغيرات البيئة المحلية باتجاه التوافق مع المعايير الدولية للمحاسبة و الابلاغ المالي IFRS/IAS،. مجلس كلية الإدارة و الاقتصاد / جامعة القادسية.

تردايت، وليد، (2018)، تبني معايير الدولية للتقارير المالية في الدول العربية IFRS، دائرة شؤن المالية والحاسب الالي ،صندوق النقد العربي،.سلسلة محاسب العربي .

ت‌. البحوث العلمية من المجلات والندوات

عرنوق، بهاءغازي،(2014)"أثر التحول ،إلى تطبيق المعيار الدولي لإعداد التقارير المالية رقم 9 في قياس الادوات المالية للمصارف المدرجة في سوق دمشق للأوراق المالية -دراسة تطبيقية "، جامعة الجزائرية : متطلبات دمشق ، مجلة جامعة دمشق للعلوم الاقتصادية والقانونية ، العدد الاول، المجلد 30 .

محمد، صلاح على أحمد، حامد،محجوب عبدالله، (2017) ، دراسة تحليلية للأثارالمترتبة على تبني IFRS9 على السياسة الائتمانية والتمويلية للمصارف العربية ، مجلة علوم الاقتصادية والادارية والقانونية ،المجلة العربية للعلوم ونشر الابحاث (AJSRP)العدد9 المجلد 1، نوفمبر.

سميرة مشراوي ،(2019)، اثر خسائر الائتمانية المتوقعة وفق المعيار رقم (9) على راس المال التنظيمي حالة بنك دبي الاسلامي ، جامعة عمار ثليجي ، الأغواط - جزائر ، المجلد 12، العدد 2 ، ص 742- 755

ارفق محمد مسعد شرهان ، (2019) ، تأثير السياسة الأئتمانية تجاه المنشأت الصغيرة في حجم النشاط المصرفي اليمني - دراسة تحليلية قياسية على بنكي التضامن الاسلامي وألأمل لتمويل الاصغر، كلية علوم ادارية والحاسبات ، رداع مجلد جامعة بيضاء ، مجلد 1 ، عدد 2، ديسمبر 2019.

خضير، أسماء طه ، (2019) ،IFRS المعيار الدولي للتقارير المالية رقم (9) لاحتساب الخسائر الائتمانية المتوقعة للادوات المالية ،شركة يونغ وأرنست للتدريب العلمي.

الحضراوي ، عمر يوسف عمر، IFRS92020معايير المحاسبة الدولية (ملخص شامل للمعايير بلغة العربية ،هيئة السعودية للمحاسبين القانونيين , اكتوبر 2019.

تومان، نبيل عبدالحر، (2018)،"أثر تطبيق المعيارالدولي للابلاغ المالي رقم9 الادوات المالية على المحافظ الائتمانية للمصارف العراقية الخاصة -بحث تطبيقي في مصرف بغداد ،الجمعية العراقية للمحاسبين القانونيين ،العدد5 ،السنة الخامسة ، اذار -مارس .

ث‌. الكتب

الشجيري ، محمد حويش علاوي ،(2020)،المحاسبة الدولية ومعايير الابلاغ المالي الدولية ،جامعة العراقية ، بغداد،دار الهاشمي للطباعة والنشر .

ثانيا المصادر باللغة الأنكليزية

- Mohamed Gomaa et al,(2019) .Testing the Efficacy of Replacing the Incurred credit Loss model with the Expected credit Loss model ,European accounting review ,vol.28,NO2….

- R.V. Venkata Subramina ,saliemn.. differences between IAS39 and IFRS9,December23,(2009), p.13

- Niklas Frykstrom and Jieying Li ، IFRS9، The new accounting standard for credit Loss recognition ، working paper .، SVERIGES Risk bank ، 2018.

- BeerbaumD*,(2015) ,Significant Increase in Credit Risk Accounting to IFRS9:Implications for Financial Institutions, International Journal of Economics &Management sciences,2015,4:9 http/dx.doi/10.4172-6359.1000287

- European Parliament,(2015) ., The significance of IFRS9 for Financial Stability.. and Supervisory Rules,DIRECTORATE GENERAL FOR INTERNAL POLICIES ,POLICY DEPARTMENT A: ECONOMIC AND SCIENTIFIC POLICY,2015.

- Zoltan Novotny-Farkas,(2016), .The Interaction of the IFRS9Expected Loss Approach with Supervisory Rules and Implications for Financial Stability, Lancaster L.AL4YX,UK,JUNE 2016,P5

Downloads

Published

2023-11-27

How to Cite

Sadiq Hassan, S., & Amin Hussein, H. . (2023). The Extent to which Iraqi Commercial Banks Adopt the IFRS9 Standard, a Credit Loss Prediction Clause - a Survey Study of the Opinions of a Sample of Banks Operating in the Kurdistan Region of Iraq. Academic Journal of Nawroz University, 12(4), 1019–1041. https://doi.org/10.25007/ajnu.v12n4a1109

Issue

Vol. 12 No. 4 (2023)

Section

Articles

License

Copyright (c) 2023 Academic Journal of Nawroz University

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Authors retain copyright

The use of a Creative Commons License enables authors/editors to retain copyright to their work. Publications can be reused and redistributed as long as the original author is correctly attributed.

 

  1. Copyright

 

  1. The researcher(s), whether a single or joint research paper, must sell and transfer to the publisher (the Academic Journal of Nawroz University) through all the duration of the publication which starts from the date of entering this Agreement into force, the exclusive rights of the research paper/article. These rights include the translation, reuse of papers/articles, transmit or distribute, or use the material or parts(s) contained therein to be published in scientific, academic, technical, professional journals or any other periodicals including any other works derived from them, all over the world, in English and Arabic, whether in print or in electronic edition of such journals and periodicals in all types of media or formats now or that may exist in the future. Rights also include giving license (or granting permission) to a third party to use the materials and any other works derived from them and publish them in such journals and periodicals all over the world. Transfer right under this Agreement includes the right to modify such materials to be used with computer systems and software, or to reproduce or publish it in e-formats and also to incorporate them into retrieval systems.

 

  1. Reproduction, reference, transmission, distribution or any other use of the content, or any parts of the subjects included in that content in any manner permitted by this Agreement, must be accompanied by mentioning the source which is (the Academic Journal of Nawroz University) and the publisher in addition to the title of the article, the name of the author (or co-authors), journal’s name, volume or issue, publisher's copyright, and publication year.

 

  1. The Academic Journal of Nawroz University reserves all rights to publish research papers/articles issued under a “Creative Commons License (CC BY-NC-ND 4.0) which permits unrestricted use, distribution, and reproduction of the paper/article by any means, provided that the original work is correctly cited.

 

  1. Reservation of Rights

The researcher(s) preserves all intellectual property rights (except for the one transferred to the publisher under this Agreement).

  1. Researcher’s guarantee

The researcher(s) hereby guarantees that the content of the paper/article is original. It has been submitted only to the Academic Journal of Nawroz University and has not been previously published by any other party.

In the event that the paper/article is written jointly with other researchers, the researcher guarantees that he/she has informed the other co-authors about the terms of this agreement, as well as obtaining their signature or written permission to sign on their behalf.

The author further guarantees:

  • The research paper/article does not contain any defamatory statements or illegal comments.
  • The research paper/article does not violate other's rights (including but not limited to copyright, patent, and trademark rights).

This research paper/article does not contain any facts or instructions that could cause damages or harm to others, and publishing it does not lead to disclosure of any confidential information.