Employing Electronic Accounting Information Systems for The Application of Hedge Strategies

(An Analytical Study and A Suggested Framework)

A Thesis

Submitted to the Board of the College of Administration and

Economics/University of Karbala

As Partial Fulfillment of the Requirements for the Master Degree

Science in Accounting

By

Hayder Saleh Abdul Hadi

Supervised by

Prof. Dr. Hayder Ali Al-Masoudi

The revolution of electronic technical developments in the world is one of the reasons that developed the accounting performance to suit the growing needs of the beneficiaries in form and content, and the growing interest in the outputs of the accounting system on the part of the beneficiaries of the reports of the financial statements, as well as the expansion of business across borders in quality and quantity and the spread of the Internet, especially in large and medium businesses And small alike, all of this was reflected in the interest in exchanging accounting reports electronically, for its clear impact on increasing the speed and accuracy of its use, as well as its ability to improve the processing and presentation of these reports, and with the support of large international accounting bodies, the language (XBRL) was established as the best tool for this purpose, which It has become a language that automatically translates financial data cards, which provides a solution to the multilingualism and terminology obstacle. The research seeks to highlight the possibility of applying electronic accounting systems in disclosing hedging strategies followed by Iraqi economic units, especially financial institutions, as well as motivating them to apply hedging strategies according to International financial reporting standards, and application of electronic accounting information systems And employing it to provide more useful and transparent information for the beneficiaries, and the aim of the research is to develop a proposed framework for reporting hedging strategies in accordance with the relevant international accounting standards and in a way that is appropriate for the Iraqi work environment, as well as developing an electronic mechanism classified accounting in accordance with the International Financial Reporting Standard (IFRS9), which was not applied Currently on the language (XBRL) due to the novelty of this standard, which called for urging the specialized accounting agencies and bodies in Iraq to apply it, and apply hedge accounting that has a positive impact in reporting hedging strategies, which will affect the speed of delivery of accounting information and its suitability for the beneficiaries of the financial reports of economic units In order to keep abreast of developments in international financial reporting standards, especially emerging developments in accounting reports electronically.