Institute media
The Department of Accounting Studies at the Post-graduate Institute for Accounting and Financial Studies at the University of Baghdad discussed the research titled(Changes in foreign currency rates based on official international standards and their reflection on measurement and eloquence governing audit reasons/applied research) for the student Budoor Shaker Sinead to obtain chartered accountant certificate, which is the highest professional certificate in the field of specialization, and its holder enjoys all the rights and privileges of a doctorate degree.
The study aimed to show the change in foreign exchange rates in branches of foreign companies and its impact on audit procedures by identifying the financial and tax impact and the possibility of applying International Accounting Standard No. (21) AIS in Iraq and multinational companies, the impact of applying International Accounting Standard (21) AIS on the procedures of the external auditor when auditing for the year 2020 and preparing appropriate audit procedures to show and audit the treatments of differences resulting from the adoption of International Accounting Standard No. (21).
The study concluded that the risks of fluctuations, the impact of financial transfers, financial risk management, the impact of market fluctuations, the impact of global economic changes, the importance of external auditing, and enhancing the efficiency of external auditing.
