Abstract
Abstract The research aims to clarify the importance of adopting International Accounting Standard No. (12) as a tool for measurement and accounting disclosure of income taxes in the financial Stements, and to show the role of this in improving the quality of financial reporting with regard to future cash flows and the quality of receivables, as well as helping to rationalize investors' decisions. The research was applied in a sample of banks listed in the Iraq Stock Exchange, a questionnaire was designed in line with the objectives of the research, and in order to test the research hypotheses, a questionnaire was designed and distributed to the individuals working in the research sample. A set of appropriate statistical methods were used to test the hypotheses. The research reached a set of conclusions, the most important of which was that criterion (12) can help improve the quality of financial reporting and help rationalize investors' decisions.
