وضع نموذج مقترح لخصائص المعلومات المالية ذات الجودة العالية

Abstract

In this research, the researcher discussed the characteristics of high quality financial information, or what are called the qualitative characteristics of accounting information set by International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB). This research comes at the same time the two boards are undertaking associate project to set a unified conceptual framework for financial information. These characteristics are considered one of its main components, and approved in the first stage of the associate project. The researcher suggested a new model for the characteristics of high quality financial information. In this model, the, characteristics are classified into a core characteristic, that is, representational faithfulness, which is the most important characteristic from the point view of the researcher. The model also suggested four basic characteristics, correlating it to each other as they represent two sides for the same coin; comparability and consistency are correlated and the same applies to verifiability and neutrality. The model also suggested correlating the core characteristic with the basic characteristics; the application of neutrality and consistency (basic characteristics) leads to representational faithfulness (the core characteristic), and when representational faithfulness has been achieved, the comparability and verifiability are achieved. The model also suggests that there are functional characteristics for accounting information, these relate to planning function (predictive value) and control function (feedback value). The researcher also suggested to take into account the general characteristics of all type of information , also discussed the importance of ethics as supportive for existence of these characteristics, and the religion as main source of every good things, The researcher recommends the adoption of the proposed module.