The role of accounting information quality in enhancing interim financial reports and its impact on information asymmetry.

Abstract

This study aims to examine the impact of accounting information quality—reflected in its qualitative characteristics—on improving the quality of interim financial reports and reducing information asymmetry. The research employs a descriptive analytical approach based on data collected from multiple sources and a questionnaire distributed to heads of accounts, accountants, and internal auditors in a sample of banks listed on the Iraq Stock Exchange. The findings reveal a significant positive relationship between accounting information quality and both the quality of interim financial statements and the reduction of information asymmetry. The results confirm that accounting information quality plays a crucial role in enhancing financial reporting quality and minimizing information asymmetry.