Akkad Journal Of Contemporary Accounting Studies

‎ The Impact of Free Cash Flows on the Firm's ‎Going Concern and Investors' Decisions

Husam Salih Mahdi Mahdi — 2025-03-16

The paper examines the correlation between free cash flows, the ability to forecast the company's sustainability, and its influence on investors' choices. This objective is accomplished by comprehensively examining free cash flows, encompassing all relevant aspects. The aim is to establish a correlation between free cash flows and a company's sustainability while assessing the influence of free cash flows on investors' decision-making. This analysis is based on the annual financial reports of a sample of ten Iraqi banks listed on the Iraq Stock Exchange, covering the period from 2016 to 2022. The Altman 2002 model was used to assess the ability of the study sample to forecast the company's sustainability. In addition, the researcher used the model of the value of shares exchanged for each firm during the year as a metric to assess financial success. To statistically test the study hypotheses, the statistical programs EViews, AMOS, and SPSS were used to ascertain the magnitude of the correlation, influence, and degree of significance among the research variables. The findings indicate that free cash flow does not impact investors' decisions through the company's going concern, as the going concern does not act as an intermediary variable between free cash flow and investors' decisions.

The Impact Of Quality Assurance Auditing on The Effectiveness of The Internal Control System and Health Services Quality

Ali Obayes Albadiri — 2025-03-16

This paper aims to evaluate the role of service quality auditing in enhancing the effectiveness of the internal control system in health institutions and its impact on the quality of health services. In addition, the research seeks to show the possible mechanisms for implementing an effective internal control system based on the COSO framework for internal control while providing a proposed program for auditing the quality of services in health institutions. This study relied on the case study method in four private hospitals in Diwaniyah Governorate, namely Al-Furat Al-Awsat Private Hospital, Diwaniyah Private Hospital, Dar Al-Shifa Private Hospital, and Royal Private Hospital. The study used a scale to evaluate the effectiveness of the internal control system based on the COSO framework consisting of five dimensions: control environment, risk assessment, control activities, information and communication, and follow-up. Meanwhile, the Servqual model was adopted to evaluate the quality of health services, consisting of 5 primary dimensions: tangibility, credibility, responsiveness, and assurance. The results show that service quality auditing is a multi-faceted process that aims to ensure reliability, effectiveness, and continuous improvement of services in various sectors. Service quality is also a multi-faceted concept with different dimensions, each contributing uniquely to customer satisfaction and loyalty. Quality auditing involves examining the organization's quality management system to ensure its performance meets best practices and compliance standards. The results of the statistical analysis show that there is a significant correlation between service quality auditing and the effectiveness of the internal control system. The results show a significant correlation between service quality auditing and the quality of health services. The results also show a significant correlation between the internal control system's effectiveness and the quality of health services. The results also show a statistically significant effect of the service quality audit variable on the effectiveness of the internal control system.

Adopting Activity-Based Resource Planning (ABRP) for Rationalizing the Operating Budget: An Empirical Study

Salah Hasan Naji — 2025-03-16

The paper aims to demonstrate the importance of using activity-based resource planning (ABRP) as a contemporary accounting technique and its significant role in developing the performance of the economic unit compared to traditional cost methods and to determine the role of the activity-based resource planning (ABRP) approach in rationalizing the preparation of operating budgets while demonstrating the effectiveness of the activity-based resource planning (ABRP) system in preparing operating budgets. To achieve these goals, the study sought to use the applied method on the data of the Middle Refineries Company (Dura Refinery - Samawah - Najaf - Diwaniyah - Karbala) in Baghdad for the year (2019) through field visits and personal interviews with department managers and employees to apply the activity-based resource planning (ABRP) technique and demonstrate its impact on rationalizing the preparation of operating budgets for the economic unit, the research sample. The results show that the application of the Activity-Based Resource Planning (ABRP) system allows for the provision of information that helps in the planning process by preparing the budget based on ABC activities that focus on customer requirements, analyzing their needs, and linking them to strategic objectives, in addition to accounting for resource consumption that depends on the resources of the economic unit. A significant decrease in total costs was observed when applying the Activity-Based Resource Planning (ABRP) system technology.