THE ROLE OF GOVERNMENT ACCOUNTING POLICIES IN FACING CRISES AND IMPLEMENTING IPSAS IN THE IRAQI GOVERNMENT SECTOR: AN APPLIED STUDY

Abstract

Government accounting policies a set of rules and procedures related to recording and financial reports for local national governments. These policies aim to achieve transparency and accountability in the use of public financial resources and enhance confidence in the governments financial system to counter the crises it is exposed to at the financial and economic levels. Where the Accounting Standards Board built Issuing high – quality accounting standards that are applied to financial reports IPSAS intergovernmental Intended for general purpose for all governmental organizations Which includes central and regional governments such as ( ministries, state and territory) and local governments such as ( City and town ) and constituents such as ( Hospitals and universities and other administrative bodies) The Intergovernmental Accounting Board believes that adoption of these standards will improve the quality of reporting general- purpose finance in addition to rationalizing resource allocation decisions taken by governments Which are reflected in increasing transparency reliability and accountability . Intergovernmental accounting standards are a reference point in public financial management reform programs in many developing countries International and transcontinental organizations contribute to setting or recipients of funding The importance of adopting reports on the accrual basis in accordance with international accounting standards International organizations such as the World Bank and the International Monetary Fund include the assistance programs offered by those agencies to develop financial capabilities through reforming financial and economic management.