No.

Questions

Yes

Ratio

Some extent

Ratio

No

Ratio

1

Adoption of the financial reporting standard for small and medium enterprises provides a fertile environment for foreign investment

35

78%

5

11%

5

11%

2

The application of the SME Financial Reporting Standard contributes to the preparation of internationally comparable financial statements

35

56%

10

22%

3

The foreign investor shall pay attention to the financial statements prepared in accordance with the financial reporting standard for small and medium enterprises

30

67%

5

11%

10

22%

4

The trend towards the financial reporting standard for small and medium enterprises contributes to increase tax revenues

20

45%

10

22%

15

33%

5

Adoption of the financial reporting standard for small and medium enterprises contributes to the creation of new jobs through the expansion of companies and their integration with the global economy

20

45%

10

22%

15

33%

6

The shift to the financial reporting standard for small and medium-sized companies will stimulate commercial activity in the Iraqi market as a result of the confidence of foreign investors

15

33%

20

45%

10

22%

7

The approach to the financial reporting standard for SMEs contributes to new sources of funding by international financing organizations and banks

25

56%

15

33%

5

11%

8

Adoption of the IFRS for small and medium enterprises contributes to the creation of new investment projects and in various sectors

20

45%

10

22%

15

33%