The role of auditing in reduction the creative accounting effects on the financial data of the Iraqi companies M. Mageed AbdZaid Hamad University of Al-Qadissiya College of Economic and Administration Department of Accounting

Abstract

Abstract : What is meant by creative accounting is the refuge of some companies to the utilization of the gaps within the available methods and substitutions in order to improve the company’s image before the beneficiaries even if that was on the account of reality , so it’s the process of converting the financial and accounting numbers from its current situation, the situation which is preferred by the arrangers of these numbers through utilizing of some of the available laws or overlooking some of them , in this our search, it was tackled with the role of the auditing in reduction the effects of the creative accounting on the financial data of the Iraqi companies , the method of descriptive analysis has been used through theoretical side depending on references , books , previous studies and the published essays on the internet , while in the scientific side , it was depended on questionnaire of group of auditors in the Office of Financial Supervision as well as some of the auditors who are licensed to work in Iraq , through this it has been reached to some results , one of the most prominent is broadcasting the sufficient awareness for knowing and explanation the creative accounting as well as the necessity to train and improve the auditors continuously within the development of creative accounting culture among the investors and the user of the accounting information.