Role of Accounting Profession Ethics in preventing financial corruption of civil society organizations in Iraq: An exploratory Study on Financial Reports for Civil Society Organizations in Dohuk/Iraq
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Abstract
The study aimed to identify the role of accounting profession ethics in preventing financial corruption of civil society organizations in Iraq. A survey is conducted and distributed to accountants who have license from Accounting
Association to prepare and the nonprofit organizations (NGO) annual financial reports. The questioner is distrusted in Duhok province through using google driver link. The study focused of finding the relationship between variables of financial corruption and accounting profession ethics factors, that found out significant relationship among the
factors and preventing financial corruptions in NGOs.
The key finding of the study resulted that commitment to the professional standards and religious values are considered as core for mitigating financial corruptions and enhance trust with financiers. Besides, it’s also highlighted that accountants’ independency in work, and stripping of pressures influence to produce better quality and reliable financial information as well as mitigate financial corruptions through getting rid of bias without top management interventions. These results could be considered to suggest that accountants are able to mitigate the significant threats of corrupt practices occur in NGOs and other firms.
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