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% |