No.

Questions

Yes

Ratio

Some extent

Ratio

No

Ratio

1

Do the prevailing Iraqi laws require the application of the International Accounting Standard for SMEs, especially the Companies Law and others

10

22%

25

45%

15

33%

2

Do you think there is a conflict of some laws with regard to the mandatory application of the International Accounting Standard for SMEs

25

56%

15

33%

5

11%

3

he recent amendments to the consolidated accounting system in 2011 are consistent with the application of the International Accounting Standard for SMEs

10

22%

10

22%

25

56%

4

The consolidated accounting system is in line with the International Accounting Standard for SMEs

10

22%

5

11%

30

67%

5

he Iraqi accounting rules issued by the Accounting Standards Board are consistent with the application of the International Accounting Standard for SMEs

10

22%

10

22%

25

56%

6

Do you support the introduction of new legislation or amendments to existing laws and regulations requiring the adoption of the International Accounting Standard for SMEs

35

78%

5

11%

5

11%