Evaluation of the Effectiveness of Auditing and Control in Improving the Quality of Financial Reports in Government Departments: An Applied Study at the Financial Supervision Bureau in Najaf

Abstract

This study aims to evaluate the effectiveness of auditing and oversight in improving the quality of financial reporting in Iraqi government agencies. This study was conducted through a field study of the Najaf branch of the Board of Supreme Audit. A descriptive analytical approach was used to achieve the study's objectives, while a questionnaire was used to collect data from a field sample of Board of Auditors employees in Najaf Governorate who are directly involved in auditing, accounting review, and administrative and financial oversight. The study reached a number of conclusions, the most important of which is the existence of a strong positive relationship between the effectiveness of auditing and oversight procedures and the quality of financial reporting, whether in terms of compliance with standards, accuracy and clarity of disclosure, or mitigating financial violations.