2026, Vol. 9, Issue 1

The study aims to demonstrate the role of applying IFRS in enhancing the quality of financial reporting at the Bank of Baghdad, in order to benefit financial report users and contribute to improved report quality and future financial advantages. For this purpose, a sample was selected from the Iraqi Stock Exchange and Bank of Baghdad during the study period (2021-2022). The study found that Bank of Baghdad's financial statements included disclosures on the accounting policies and methods used in preparing the financial statements, along with the presentation of accompanying analytical reports. Furthermore, sufficient information was provided using methods such as analytical tables, templates, and graphs in accordance with international financial reporting standards, specifically International Standard No. 1 for the preparation and presentation of financial statements. All of this indicates that there is a link in the presentation. In addition, the bank submitted its final accounts to the external auditor for audit and opinion issuance immediately after the end of the financial year, demonstrating the timeliness of reporting. The study recommends strengthening the implementation of IFRS and providing an appropriate economic and financial environment in Iraq that enables the banking sector to fully adopt IFRS, thereby contributing to improving the quality of financial reporting.