The virtual reality of financial information and it's role in rationalizing investment decisions (Applied study of a sample of private (commercial banks)
Abstract
The research aims at the importance of relying on virtual reality in improving the quality of financial information for the purpose of rationalizing investment decisions.
And for the purpose of achieving the objectives of the research, the current reality of financial information was evaluated and treated based on a proposed model that shows how to rely on virtual reality technology that shows the quality of financial information for banks listed in the Iraqi Stock Exchange for the purpose of rationalizing decisions.
Several conclusions were reached, the most important of which is that the application of virtual reality technology leads to improving the quality of financial information for the banks of the research sample for the purpose of rationalizing investment decisions.
Many recommendations were reached, the most important of which is relying on virtual reality to improve the quality of the financial information of the research sample banks for the purpose of rationalizing investment decisions.
References
Abu Nassar, Muhammad and Humaidat, Juma, "International Accounting and Financial Reporting Standards", Wael Publishing House, Amman, 2016.
Al-Asmari, Ali Bin Mohsen, “Virtual Reality (Second Life)”, Design and Development of Digital Courses, 2017.
Al-Maamouri, Ali Muhammad Thajil and Al-Sufi, Faris Jamil Hassan, “The extent of the impact of fair value standards on the repercussions of the global financial crisis”, a paper presented to the Third Scientific Conference of the College of Science and Finance, Al-Isra University on the global financial crisis and its repercussions on the economies of countries, 2009.
Al-Saqqa, Ziyad Hashem and Al-Hamdani, Khalil Ibrahim and Al-Tai, Nazem Hassan, “The Accounting Role in Reducing the Risks of Electronic Publishing of Reports and Financial Statements”, Fifth Annual International Scientific Conference, University of Mosul, 2012.
Al-Shirazi, Abbas Mahdi, “Accounting Theory”, That Al-Silsil Publications, 1st Edition, Kuwait, 1990.
Bank of Baghdad (mixed joint stock company), "interim financial statements", first quarter, 2022.
Beljouz, Hussein. (2009) "The Accounting Information System and its Role in Making Productive Decisions". Alexandria: University Culture Foundation.
Bergeron, Bryan ," Essentials of Knowledge Management ", Wiley, United States of America, 2003.
Bodnar, George, H. &Hopwood, William,S. ,"Accounting Information Systems ", Hall Inc, United States of America, 1993.
Cihan Bank for Islamic Investment and Finance, "Interim Financial Statements", First Quarter, 2022.
Corey, Bohil& Charles, B Owen& Eui, Jun Jeong," &Bradly Alicea Virtual Reality and Presence",January 2009.
Donleavy , Gabriel , " An Introduction to Accounting Theory ", 1ed , bookboon,Australia,2016.
Elyan, Ribhi Mustafa, “Electronic and Digital Libraries”, Dar Safaa for Publishing and Distribution, Amman, 2010.
Gelinas, Jr Ulric, J., Sutton, Steve, G. &Fedorowic, Jane ," Business Processes & Information Technology ", South -Western, United States of America ,2004.
Gelinas,Jr Ulric, J. &Sutton, Steve, G. ," Accounting Information Systems ", Thomson Learning, United States of America , 2002.
Glautier, Michel, Underdown, Brian& Morris, Deigan ," Accounting Theory and Practice ", Prentice Hall, 2011.
Hammad, Tariq Abdel-Aal, “Encyclopedia of Accounting Standards”, Part 1, University House, Alexandria, 2008.
Hanafi, Siti Rosmaini, Kasim, Mohd & Hancock, Dawson ," Business Reporting on the Internet : Development of a Disclosure Quality Index ", International Journal of Business and Economics, University Tenaga Nasional Malaysia, No. 8, 2009.
Hendriksen, Eldon ," Accounting Theory ", Irwin, United States of America, 1977.
Hindi, Munir Ibrahim. (1999) "Securities and Capital Markets". Egypt: Knowledge facility in Alexandria.
https://www.noonpost.com/content/36487 .
Hyrslova , Jaroslava & Helena , Becková & Marie , Kubáňková , "Sustainability Accounting: Brief History and Perspectives," International Days of Statistics and Economics, Prague, 2015.
IASB,"Conceptual Framework for Financial Reporting",2018.
Ibrahim,Mohammed,Abdulla&Ali,Mohammed Ibrahim," Accounting in English ", Dad ,Baghdad, 2018.
Iraq Stock Exchange, "Annual Report", 2021.
Jonas, Gregory & Blanchet, Jeanchet ," Assessing Quality of Financial Reporting ", Accounting Horizons , American Accounting Assocation, No. 3, 2000.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2007.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2013.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2018.
Maad, Soha, Samir Garbaya, JB McCarthy, Meurig Beynon, Saida
Mcnabb, Divad ," Knowledge Management in the Public Sector ", M.,E.,Sharpe, United States of America,2006.
Middle East Bank, "Interim Financial Data", First Quarter, 2022.
Muftah, Saleh, and Maarifi, Farida. (2009/2010) “The requirements of the efficiency of the stock market, a study of the reality of Arab stock markets and ways to raise their efficiency.” Researcher magazine, issue 9.
Porwal,L.,S. ," Accounting Theory ", Mcgraw-Hill, India, 1997. Romney, Marshall, B.&Steinbart, Paul John ," Accounting Information Systems ", 8th, Pearson Premtice Hall, United States of America, 2000.
Sandra Dutra Piovesan , Liliana Maria Passerino and Adriana Soares Pereira," VIRTUAL REALITY AS A TOOL IN THE EDUCATION", IADIS International Conference on C/ognition and Exploratory Learning in Digital Age (CELDA 2012).
Schroeder, Richard, G ., Clark, Myrtle , W.& Cathey , Jack, M ," Financial Accounting Theory and Analysis :Text and Cases ", 9th Edition , Wiley, United States, 2009.
Schroeder, Richard Clark, Martel Cathy, Jack, "Accounting Theory", Arabization of Khaled Ali Ahmed Kajiki and Ibrahim Ould Mohamed Vall, reviewed by Al-Kilani Abdel Karim, Dar Al-Marikh, Riyadh, 2010.
Schultheis, Maria, T & Rizzo, Albert,"The application of virtual reality technology in rehabilitation",. Rehabilitation Psychology, vol46,no3,2001 .
Sharmistha Mandalm" Brief Introduction of Virtual Reality & its Challenges", International Journal of Scientific & Engineering Research, Volume 4, Issue 4, April-2013
Summers, Edward, Lee ," Accounting Information Systems ", Houghton Miffin Company, United States of America, 1989.
Wolk,Harry,Dodd, James &Tearney, Michael,"Accounting Theory", South-Western, United States of America,2004.
Zoelf, Inaam Mohsen Hassan, “The Impact of the Knowledge Economy on the Financial Reporting System - An Applied Study in a Sample of Jordanian Banks”, Journal of North African Economics, No. 5, 2007.
Al-Abedi, T. K., Hasen, A. M., Mohaisen, H. A., & Flayyih, H. H. (2022). The Impact of Corporate Governance on Accounting Conservatism in the Financial Statements of Justice Shareholders: https://doi. org/10.37178/ca-c. 23.1. 025. Central Asia and the Caucasus, 23(1), 272-281.
Al-Asmari, Ali Bin Mohsen, “Virtual Reality (Second Life)”, Design and Development of Digital Courses, 2017.
Al-Maamouri, Ali Muhammad Thajil and Al-Sufi, Faris Jamil Hassan, “The extent of the impact of fair value standards on the repercussions of the global financial crisis”, a paper presented to the Third Scientific Conference of the College of Science and Finance, Al-Isra University on the global financial crisis and its repercussions on the economies of countries, 2009.
Al-Saqqa, Ziyad Hashem and Al-Hamdani, Khalil Ibrahim and Al-Tai, Nazem Hassan, “The Accounting Role in Reducing the Risks of Electronic Publishing of Reports and Financial Statements”, Fifth Annual International Scientific Conference, University of Mosul, 2012.
Al-Shirazi, Abbas Mahdi, “Accounting Theory”, That Al-Silsil Publications, 1st Edition, Kuwait, 1990.
Bank of Baghdad (mixed joint stock company), "interim financial statements", first quarter, 2022.
Beljouz, Hussein. (2009) "The Accounting Information System and its Role in Making Productive Decisions". Alexandria: University Culture Foundation.
Bergeron, Bryan ," Essentials of Knowledge Management ", Wiley, United States of America, 2003.
Bodnar, George, H. &Hopwood, William,S. ,"Accounting Information Systems ", Hall Inc, United States of America, 1993.
Cihan Bank for Islamic Investment and Finance, "Interim Financial Statements", First Quarter, 2022.
Corey, Bohil& Charles, B Owen& Eui, Jun Jeong," &Bradly Alicea Virtual Reality and Presence",January 2009.
Donleavy , Gabriel , " An Introduction to Accounting Theory ", 1ed , bookboon,Australia,2016.
Elyan, Ribhi Mustafa, “Electronic and Digital Libraries”, Dar Safaa for Publishing and Distribution, Amman, 2010.
Gelinas, Jr Ulric, J., Sutton, Steve, G. &Fedorowic, Jane ," Business Processes & Information Technology ", South -Western, United States of America ,2004.
Gelinas,Jr Ulric, J. &Sutton, Steve, G. ," Accounting Information Systems ", Thomson Learning, United States of America , 2002.
Glautier, Michel, Underdown, Brian& Morris, Deigan ," Accounting Theory and Practice ", Prentice Hall, 2011.
Hammad, Tariq Abdel-Aal, “Encyclopedia of Accounting Standards”, Part 1, University House, Alexandria, 2008.
Hanafi, Siti Rosmaini, Kasim, Mohd & Hancock, Dawson ," Business Reporting on the Internet : Development of a Disclosure Quality Index ", International Journal of Business and Economics, University Tenaga Nasional Malaysia, No. 8, 2009.
Hendriksen, Eldon ," Accounting Theory ", Irwin, United States of America, 1977.
Hindi, Munir Ibrahim. (1999) "Securities and Capital Markets". Egypt: Knowledge facility in Alexandria.
https://www.noonpost.com/content/36487 .
Hyrslova , Jaroslava & Helena , Becková & Marie , Kubáňková , "Sustainability Accounting: Brief History and Perspectives," International Days of Statistics and Economics, Prague, 2015.
IASB,"Conceptual Framework for Financial Reporting",2018.
Ibrahim,Mohammed,Abdulla&Ali,Mohammed Ibrahim," Accounting in English ", Dad ,Baghdad, 2018.
Iraq Stock Exchange, "Annual Report", 2021.
Jonas, Gregory & Blanchet, Jeanchet ," Assessing Quality of Financial Reporting ", Accounting Horizons , American Accounting Assocation, No. 3, 2000.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2007.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2013.
Kieso, Donald, Weygandt, Jerry&Warfield, Terry ," Intermediate Accounting ", Wiley, United States of America, 2018.
Maad, Soha, Samir Garbaya, JB McCarthy, Meurig Beynon, Saida
Mcnabb, Divad ," Knowledge Management in the Public Sector ", M.,E.,Sharpe, United States of America,2006.
Middle East Bank, "Interim Financial Data", First Quarter, 2022.
Muftah, Saleh, and Maarifi, Farida. (2009/2010) “The requirements of the efficiency of the stock market, a study of the reality of Arab stock markets and ways to raise their efficiency.” Researcher magazine, issue 9.
Porwal,L.,S. ," Accounting Theory ", Mcgraw-Hill, India, 1997. Romney, Marshall, B.&Steinbart, Paul John ," Accounting Information Systems ", 8th, Pearson Premtice Hall, United States of America, 2000.
Sandra Dutra Piovesan , Liliana Maria Passerino and Adriana Soares Pereira," VIRTUAL REALITY AS A TOOL IN THE EDUCATION", IADIS International Conference on C/ognition and Exploratory Learning in Digital Age (CELDA 2012).
Schroeder, Richard, G ., Clark, Myrtle , W.& Cathey , Jack, M ," Financial Accounting Theory and Analysis :Text and Cases ", 9th Edition , Wiley, United States, 2009.
Schroeder, Richard Clark, Martel Cathy, Jack, "Accounting Theory", Arabization of Khaled Ali Ahmed Kajiki and Ibrahim Ould Mohamed Vall, reviewed by Al-Kilani Abdel Karim, Dar Al-Marikh, Riyadh, 2010.
Schultheis, Maria, T & Rizzo, Albert,"The application of virtual reality technology in rehabilitation",. Rehabilitation Psychology, vol46,no3,2001 .
Sharmistha Mandalm" Brief Introduction of Virtual Reality & its Challenges", International Journal of Scientific & Engineering Research, Volume 4, Issue 4, April-2013
Summers, Edward, Lee ," Accounting Information Systems ", Houghton Miffin Company, United States of America, 1989.
Wolk,Harry,Dodd, James &Tearney, Michael,"Accounting Theory", South-Western, United States of America,2004.
Zoelf, Inaam Mohsen Hassan, “The Impact of the Knowledge Economy on the Financial Reporting System - An Applied Study in a Sample of Jordanian Banks”, Journal of North African Economics, No. 5, 2007.
Al-Abedi, T. K., Hasen, A. M., Mohaisen, H. A., & Flayyih, H. H. (2022). The Impact of Corporate Governance on Accounting Conservatism in the Financial Statements of Justice Shareholders: https://doi. org/10.37178/ca-c. 23.1. 025. Central Asia and the Caucasus, 23(1), 272-281.
Authors
[1]
“The virtual reality of financial information and it’s role in rationalizing investment decisions (Applied study of a sample of private (commercial banks)”, Soc. sci. humanities j., vol. 6, no. 8, pp. 2832–2851, Aug. 2022, Accessed: Nov. 21, 2024. [Online]. Available: https://sshjournal.com/index.php/sshj/article/view/819
Copyright and license info is not available