Reflection of the Quality of accounting information on the opinion of the Auditor

Applied Study

Abstract

             The main objective of the research is to indicate the knowledge bases of the quality of accounting information and the accounting monitoring and the reflection of the quality of accounting information on the opinion of the auditor based on the assertion that the financial statements were prepared in accordance with the characteristics of the quality of the accounting information through the application of research variables in Baghdad Industrial Company, one of the specialized companies in the food industry in Iraq, which applies the financial accounting system, and the most important finding sought to contain the financial reports on fundamental errors that would change the technical opinion of the auditor because it did not occur Reasonable confirmation that financial statements are free of fundamental errors. The researcher relied on the deductive Approach on the theoretical side, and the inductive Approach in the applied side in order to achieve the goals of the study. The most important thing the study reached to a set of conclusions, the most important of which is the importance of the quality of accounting information on the opinion of the auditor and the extent of credibility of the financial statements through the difference in a group of balances installed in the records on the balances shown in the financial statements that lead to misleading accounting information provided to users and making them incomplete in particular As there was no interpretative opinion provided by the administration to the auditor, which is reflected in the opinion of the auditor that the financial statements are incomplete and do not express fairly to all the fundamental aspects . The study recommended the application of international accounting standards (IAS) and international financial reporting standards (IFRS) with international audit standards (ISA) to the company and to ensure that all financial statements are compatible with international accounting standards. This includes the commitment to the requirements of providing accounting information in accordance with the specific criteria and characteristics of accounting information.