The impact of the characteristics of audit committees on the quality of financial reports

(An applied study on a sample of Iraqi companies listed on the Iraqi Stock Exchange)

Abstract

The research aims to test the impact of the characteristics of audit committees on the quality of financial reports in Iraqi companies listed on the Iraq Stock Exchange, using a sample of (18) banks and companies listed on the Iraq Stock Exchange for the period (2013-2022), and used the descriptive and analytical approach to the data and information contained. In the financial reports of the banks in the research sample, I also used ready-made software, including MS Excel and SPSS, to test hypotheses and answer questions related to the research problem and reach the goals. The research concluded that there was no effect of the characteristics of audit committees in their dimensions (independence of the audit committee, experience Financial reporting for members of the audit committee, size of the audit committee, audit committee meetings) quality of financial reports according to the receivables approach. It was also found that there is no effect of the characteristics of audit committees in their dimensions (independence of the audit committee, financial experience of audit committee members, size of the audit committee, audit committee meetings) quality. Financial reports according to the reservation approach.