Investor Financial Risk Assessing Based on Accounting Information for Economic Units Listed on Iraq's Stock Exchange (Analytical Study)

Abstract

The current study focuses on the theoretical framework of accounting information and its primary and secondary characteristics. The current study is based on a key premise that investors can evaluate the financial risks of the economic units listed in the Iraq Stock Exchange based on accounting information published in the official financial reports, in addition to highlighting the risks of various types, particularly the financial risks to the economic units listed in the Iraqi Stock Exchange's securities market. The use of the model (1993 Altman:), which relies on several variables and yields a determination of the extent of the Unit's financial risks, has been made to fulfill the study's findings. The study ultimately came to several conclusions, the most significant of which was the demand for accurate and accessible information so that investors could determine the degree of risk to which the economic unit is revealed.