مدى ملائمة تطبيق مبدأ الاعتراف بالإيراد لعقود التأمين المحلية في إطار معيار الإبلاغ المالي الدولي (4)‎

الملخص EN

The absence of a special accounting standard insurance contracts leads to different foundations on which insurance companies dealt with under insurance contracts resulting in the preparation of financial statements that are non-transparent and comprising its accounting information is appropriate not receive general acceptance by the beneficiary of those lists and through this research parties has been accounting procedures followed in the insurance companies and the extent of their compliance with the private insurance contracts International Standard IFRS4 concerning the recognition of revenue, disclosure of insurance contracts in the balance sheet, disclosure of insurance contracts in income detection, disclosure of insurance contracts in the statement of cash flows as well as the disclosure of risks and aspects of uncertainty in insurance contracts, has reached the researchers to the insurance company recognizes premiums earned income directly regardless of the delivery of services provided under the contract, and this is not consistent with the requirements of revenue recognition under IFRS 4, as Paragraph 56 of the draft standard that insurance contract revenues must visualize the promised transfer of services from the insurance contract amount reflects the services provided.

Since the standard insurance contracts IFRS4 being of modern accounting standards, which helps applied to enhance the work of insurance companies and improve their services and achieve the quality and transparency of the information provided by users on all aspects of insurance contracts, particularly the recognition of revenue, the researchers recommend the need to adopt IFRS No.

(4 ) and interpretations and standards relevant to make the most in the field of accounting in the insurance companies, as well as the need for revenue recognition as stipulated in paragraph (56) of the draft standard terms of Paragraph 56 of the draft standard that the insurance contract revenues must visualize the transfer of the promised services arising out of the insurance contract reflects the amount of services provided, it should be brought to the Iraqi standards and accounting rules Council to issue a specialized standard on accounting for insurance as part of a standard financial reporting number (4) and draft amending it.