Characteristics of Accounting Information and its Impact on Institutional Economic Decision-Making – Study Applied in the Office of Financial Oversight

Abstract

The research aimed to demonstrate the most important characteristics of accounting information and its impact on economic decision-making, especially after technological development, and that institutions have become more complex for their size and increased competition among them. Therefore, the decision-making process has been very important in the planning, regulation, and oversight process in order to ensure the continuity of economic units in their activity. The research used the identification as a basic measurement tool for collecting data that was used to test the research hypotheses. The sample of the research was 61 views from different administrative levels in Iraq's Federal Financial Control Office, the research reached a number of conclusions, most notably the fact that the DPI's overall performance situation is overshadowed by the slowness in choosing the best alternative because of the routine nature of the DPI performance and the fact that it is subject to governmental and official standards, which are often highly complex.