The Effect of Changes Resulting From The Application of International Financial Reporting Standard 16 (lease contracts) in the Relevancy of Accounting Information )An analytical study(

Abstract

The aim of the research is to demonstrate the effect of changes resulting from the application of International Financial Reporting Standard 16 (lease contracts) on the Relevancy of accounting information. The researcher adopted the descriptive approach by describing the relationship between the two variables of the study, conducting a comparative analysis of some items in the income statement and the total assets and liabilities in the statement of financial position, and using the (share regression) model developed by Ohlson (1995).

 And amending it so that it is dedicated to measuring the Relevancy of accounting information in changing stock prices and resulting from lease transactions in decision-making. Descriptive statistical tools were used such as the arithmetic mean, median, standard deviation, etc., and reliance on a set of tests to study the stability of the cross-sectional time series for the studied variables, and then the use of the sectional time series regression model represented by the fixed effects model.

The research concluded that there is an effect of the changes resulting from the application of the International Financial Reporting Standard 16 (lease contracts) in the Relevancy of accounting information, as it is noted that the model that was reached is significant through the book value of equity rights, the auditing company, the age of the establishment, and the percentage of the total debts to equity rights.