THE APPLICATION OF THE FINANCIAL REPORTING STANDARD IFRS-13 AND ITS IMPACT ON THE POLICY OF DIVIDEND DISTRIBUTION AND TRADING VOLUME (APPLIED STUDY IN THE MIDDLE EAST INVESTMENT BANK)
Keywords:
environmental, distributing, Financial Reporting Standard, requirementsAbstract
The research aims to show the impact that accounting measurement and disclosure can play according to the principle of fair value under the IFRS-13 Financial Reporting Standard on the policy of profit distribution and trading volume in a way that conforms to the requirements of the contemporary business environment. The research has been applied in the Middle East Investment Bank for the years (2018-2021). Where the cash dividend model was used for the purpose of measuring the fair value in this bank. The research reached a set of conclusions, the most important of which was that there is a possibility to measure the fair value within the cash dividend discount models, the most appropriate model for the Iraqi environment at the present time, for the ease of application of the model, as well as the possibility of obtaining model variables through the final statements of companies in a way that can help improve The policy of distributing profits and trading volume in a way that is consistent with the various environmental changes
References
Abu Nassar, Muhammad and Humaidat, Jumah (International Accounting and Financial Reporting Standards), Wael Publishing House, Amman 2013.
Al-Najjar, Jamil Hassan, “The Impact of Applying Fair Value Accounting on the Reliability and Appropriateness of Financial Statement Information Issued by Palestinian Public Shareholding Companies”, The Jordanian Journal of Business Administration. Volume 9, Issue 3, 2013.
Francis, Jennifer& La fond, Ryan & Olsson ,Perm"Cost of Equity and Earning Attributes" the Accounting Review,Vol,79,No 4,2004
Hammad, Tarek Abdel Aal, "Encyclopedia of International Accounting Standards - Part 3 Accounting for Investments and Financial Derivatives" University House, Egypt, 2003
International Financial Reporting Standards Set 2013.
Jones, Jon''Fair Value Measurements", working Paper, International Accounting Standards Board, 2000 .
Laux, Christian&Leuz, Christian"The crisis of fair-value accounting: Making sense of the recent debate"Accounting, Organizations and Society 34 ,2009, 826–834
Matar, Muhammad, “Theoretical Rooting of Professional Accounting Practices in the Fields of Measurement, Presentation, Disclosure,” Wael Publishing House, Amman, 2009.
Mingzhe,Yuan&Huifeng,Liu, "Fair Value: Defective Concepts, Wrong Methods and Serious Economic Consequences" 2010 http://ssrn.co.
Palea, Vera"Fair value Accounting and its usefulness to Financial Statement users" Department of Economics and Statistics-University of Torino,Italy,2013
Pita, Ines Fortis, "Fair Value Accounting" Inmaculada Garcia Gutierrez, 2006,www.cemla.org/old/.../dp-0607-bde-eng.
Qudah, Ghassan Mustafa Ahmed, “A fair value accounting between acquittal and accusation in the global financial crisis” The Arab Journal of Administrative and Economic Studies, Issue 1, 2013
Ryan, Stephen G." Fair Value Accounting: Understanding The Issues Raised by The Credit Crunch"Stern School of Business, New York University,2008
Shamkuts,Volha"Fair Value Accounting" BS-Thesis in Business Administration ,University of Iceland,2010
Whittington, Geoffrey "Fair Value and the IASB/FASB Conceptual Framework Project: An Alternative View"ABACUS, Vol. 44, No. 2, 2008
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.