Impact of IFRS Adopting on Altman Model Prediction Accurac

المجلة: IRE Journals

سنة النشر: 2023

تاريخ النشر: 2023-08-01

Studying the reality of banks listed on the Iraq Stock Exchange by measuring the prediction of financial failure of the sample banks and knowing the performance of the banking institution. The research gains its importance by knowing the impact of the international standards on predicting the financial failure of the sample banks and reaching results and proposals that contribute to the development of the banking sector and driving the national economy forward. The problem of the research revolves around knowing what is presented in the financial reports and statements, which are prepared according to the International Financial Reporting Standards (IFRS), on predicting the financial failure of the sample banks. Therefore, the problem of the research stems from raising the main question (Does the application of the international IFRS standards for preparing financial reports have an impact on predicting financial failure?), while keeping the other factors constant.