تقييم الأصول المتداولة و تأثيره على الملاءمة و التمثيل الصادق

الملخص EN

The research aims to determine the importance of the economic units in Iraq adopting the approaches to assessing current assets recommended by the international accounting and financial reporting standards, determining the extent to which the approaches to evaluating current assets are affected by suitability and honest representation, and determining the impact of not applying the approaches to assessing assets required by accounting standards and financial reporting.

International.

In order to achieve the objectives of the research, the researcher conducted an applied study on one of the economic units listed on the Iraq Stock Exchange, which is (Modern Sewing Company).

The researcher reached conclusions, the most important of which are: Each of the approaches to evaluating current assets (historical cost, fair value, replacement cost, net realizable value, net present value) has its advantages and disadvantages, which are reflected in the suitability and honest representation in a varying manner.

And that the accounting information that results from the evaluation of the current assets according to the historical cost may be characterized by some objectivity, but it is not appropriate, which made the users of the accounting information call for the adoption of approaches to the evaluation of assets that are appropriate and honest representation.

The researcher recommended the adoption of the approaches (fair value, cost or net realizable value, whichever is less, net realizable value) to evaluate current assets as they reflect those entries (suitability, honest representation), and lead to improving the quality of accounting information contained in the financial statements and statements of economic units, which It positively affects the quality of decisions made by users.