The impact of adopting the standard (IFRS 9) in predicting future profits and the expenses ratio : a comparative study using time series for a sample of Iraqi banks for the period (2012-2021)

Abstract

The research aims to demonstrate the impact of adopting the International Financial Reporting Standard (IFRS (9)) in predicting future profits and the expense ratio using time series analysis in the Iraqi environment, and to make a comparison between before and after the application of the standard, as it deals with a sample of (3) banks listed in the market Iraq Securities Exchange (Al-Ahly, Baghdad, Commercial) and during a time series extending from (2012-2021), as the variables were measured quantitatively and statistically analyzed, as well as the sub-hypotheses were tested using the T-test, and the research concluded that there is an effect when adopting the standard, and profits can be predicted future and expense ratio for the period (2022-2024) by analyzing actual profits and expenses, as these values showed consistency with their counterparts in the original time series, and provided a future picture of the reality of profits and expenses in the research sample.