The Impact of Risk Disclosure According to IFRS7 on the Continuity of Iraqi Banks Listed on the Iraq Stock Exchange

Abstract

The aim of this research was to explore the impact of risk disclosure according to International Financial Reporting Standard. (IFRS 7) on the continuity indicators of Iraqi banks. The research problem focused on determining the level of risk disclosure, both qualitative and quantitative, as well as the continuity indicators of the Iraqi banks in the study sample. The research population consisted of Iraqi banks listed on the Iraq Stock Exchange, and a sample of 20 banks was selected based on accessibility, the continuity of their banking activities, and their cooperation in providing the necessary data. The study adopted a descriptive-analytical approach to analyze and interpret the results. The research concluded several findings, the most important of which was the greater impact of quantitative risk disclosure on the continuity of Iraqi banks compared to qualitative disclosure. It was also found that the sustainability indicators of the sample banks were all in good condition.