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The current research aims to adopt Financial Reporting Standards No. (9) using one of the alternatives to accounting measurement (fair value/amortized cost). This approach transforms financial statements into a crucial tool for management to assess financial performance. This application is expected to alter the actual reality of the economic unit, influencing the value of the stock and impacting competitive value in the future. Several statistical tools and equations related to fair value/amortized cost, as outlined in International Accounting Standard 9, were employed. The research yielded several conclusions, with the most significant being that the implementation of the fair value accounting model by the International Financial Reporting Standard (IFRS9) can lead to results that truly reflect the financial performance and position of the research sample, instilling confidence in the financial statement outputs. After identifying the key conclusions, the research provides various recommendations. Foremost among them is the encouragement for banks to adhere to international financial reporting standards, particularly the International Financial Reporting Standard (IFRS9). This recommendation stems from the evident importance of presenting financial statements in a manner that accurately mirrors their actual reality.
Mohammed Fadhil Neamah (Sun,) studied this question.