توظيف معيار (IAS 8)‎ عند الإبلاغ عن الأحداث غير المتوقعة

الملخص EN

The aim of this research is to assist economic units in identifying ways to report unexpected events such as a pandemic (Covid_19) as a case study, according to IAS 8, in order to achieve true representation of the economic event, and the appropriateness of information for users when making economic decisions, by changing accounting policies and estimates, and then reporting these changes, and to reach the objectives of the research, the descriptive approach was used for the theoretical side, by taking advantage of the ideas of some researchers to benefit from their studies and opinions on the relevant results they reached.

As for the practical side, the inductive and deductive approach was used to collect data and information on the Iraqi Investment Bank as a sample Study, and then analyze the data to reveal the repercussions of the pandemic and elicit ideas to develop solutions to confront them and report them according to IAS 8.

This research concluded that there are repercussions of the pandemic that were reflected in the financial statements, which requires reporting according to the IAS 8 standard with changing accounting policies and estimates when needed, to give accounting information credibility in representing economic events when recognizing or reporting, and the appropriateness of information for users when make different decisions.

As for the recommendations of this research, it was represented in the importance of reporting a pandemic (Covid_19) according to the IAS 8.

When making a change in accounting policies and estimates commensurate with the economic reality, a periodic evaluation of the unit might be done to demonstrate its ability to continue, when that unit faces unexpected events that deplete Most of its resources, in addition to that the importance of looking at any subsequent events, when there is objective evidence that calls for changing the applied accounting policies, and reviewing the accounting estimates based on previous circumstances.