Voluntary Accounting Disclosure and its Role in Assessing the Financial Performance of Iraqi Commercial Banks

Abstract

The objective of the study is to identify the concept of voluntary accounting disclosure and factors that influence the level of disclosure, the concept of financial performance assessment and indicators in Iraqi commercial banks, and to clarify the relationship between voluntary accounting disclosure and assessment of financial performance. The study concluded that voluntary disclosure contributes to the improvement of banks' financial performance through its contribution to enhancing and improving the efficiency of using assets, enhancing the competitiveness of banks, attracting investors, and the existence of a relationship between voluntary disclosure and financial performance in those banks. The study recommended that attention should be paid to the importance of voluntary disclosure by relevant organizations and institutions and its role in providing information to external users, as well as the necessity of providing financial and other information in a timely manner to decision makers.