THE UNIVERSITY OF BASRAH IS INVESTIGATING THE IMPACT OF AUDITOR RETENTION AND AUDIT QUALITY ON THE RELEVANCE OF ACCOUNTING INFORMATION:
A PhD. dissertation at the College of Administration and Economics, Department of Accounting, examined the impact of auditor retention and audit quality on the relevance of accounting information through the mediating role of earnings management practices.
The dissertation presented by Jalil Ibrahim Saleh aimed to verify the appropriateness of the value of the information disclosed by Iraqi banks listed on the Iraq Stock Exchange, as well as the extent of their practice of earnings management. It also investigated the extent to which Iraqi banks comply with the mandatory requirement to change their auditors, the quality of the work of audit firms and companies, and the impact of the practice of earnings management by Iraqi banks on the appropriateness of the value of accounting information.
The dissertation reached a set of recommendations, the most important of which is that professional organizations and the Professional Council in Iraq should oblige all companies listed on the Iraq Stock Exchange to change their auditors. The application of the law on changing auditors should not be limited to banks only, but rather should be limited to professional organizations and the Professional Council for Auditing and Control in Iraq. It should also urge Iraqi banks listed on the Iraq Stock Exchange to change their auditors in order to limit their earnings management practices and provide high-quality financial statements.