Institute Media
The Post-graduate Institute for Accounting and Financial Studies at the University of Baghdad concluded the second day of its Fourth International and Sixth National Scientific Conference, held in the Institute’s halls under the title “Digital Transformation in Iraq and the Middle East: Opportunities and Challenges.” The conference featured local and international research papers addressing specialized topics in the fields of accounting, finance, management, and economics, and was attended by a large academic and official audience.
The conference aimed to explore the prospects of digital transformation in Iraq and the Middle East region by highlighting the opportunities and challenges related to accounting and finance. It also sought to create a robust scientific platform for exchanging experiences and ideas and strengthening cooperation between the public and private sectors and academic institutions, contributing to building an integrated and sustainable digital environment.
The second day of the conference included three scientific sessions focusing on accounting, finance, and administrative and economic aspects. Researchers discussed the latest scientific developments and practical applications related to digital transformation and its impact on improving institutional performance and enhancing the efficiency of financial and accounting systems. The conference concluded with several important recommendations, most notably encouraging collaboration between auditors and developers of intelligent systems to design audit tools and procedures that combine human expertise with artificial intelligence capabilities to maximize efficiency. It also recommended promoting the adoption of smart cost accounting systems to expedite and enhance the efficiency of administrative decision-making.
Furthermore, the conference recommended that the Central Bank, through its regulatory and supervisory role, guide the banking sector towards upgrading existing technologies and launching new ones that keep pace with rapid global developments. Additionally, it stressed the necessity of linking the General Authority for Taxes with all its branches and government departments via an integrated electronic information network to provide it with accurate data on taxpayers, particularly those not previously registered, thereby enhancing transparency and reducing tax evasion.
At the conclusion of its proceedings, the conference included the distribution of participation certificates to researchers and the honoring of a select group of institute graduates who have assumed leadership positions in government institutions, awarding them shields of excellence in recognition of their scientific and professional contributions. This activity achieves a number of Sustainable Development Goals, namely Goal 4, which calls for quality education; Goal 8, decent work and economic growth; Goal 16, peace, justice and strong institutions; and Goal 17, which relates to partnerships for achieving the goals.
