The Impact of Accounting Conservatism and Information Technology on Audit Performance and Quality of Financial Reporting: Empirical Analysis in the Oil Industry in Iraq

The importance of financial reporting (FR) in maintaining organisational credibility has been a focal point of recent studies. Therefore, this article examines how accounting conservatism and information technology affect the quality of financial reporting in the oil industry in Iraq. The study also explores the role of audit performance in the relationship between accounting conservatism, information technology, and the quality of financial reporting in the Iraqi oil industry. The study collects primary data from the audit team of the oil industry in Iraq using survey questionnaires. The study also examines the data reliability and the relationship between variables using SPSS-AMOS. The results indicate a positive relationship between accounting conservatism, information technology, and the quality of financial reporting in the oil industry in Iraq. The findings also revealed that the performance of audits plays a significant role in the relationship between accounting conservatism, information technology, and the quality of financial reporting in the oil industry in Iraq. The study guides policymakers in developing policies to enhance the quality of financial reporting through the utilisation of accounting conservatism and information technology.