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Kirkuk Technical Institute organizes a scientific accounting symposium on the development of the accounting study

Under the patronage of the President of the Northern Technical University, Prof. Dr. Alia Abbas Ali Al-Attar, and under the supervision of the Dean of the Kirkuk Technical Institute, the Department of Accounting Techniques at the Institute organized a scientific symposium entitled (Development of the accounting study).

The symposium was delivered by:

  • The teacher Shereen Azeez Mohammed (Head of the Department).
  • Assistant teacher Jaafar Abbas Kareem (instructor in the department).

The symposium dealt with:

The emergence of accounting, the stages of developing the science of accounting and introducing participants to the accounting assumptions and policies as well as the International Accounting Standards (IAS) and their impact on improving and coordinating accounting systems, rules and procedures.

The symposium aims to build the basic foundations of accounting work in line with accounting for the future, through:

  1. The necessity of coexistence and dealing with International Financial Reporting Standards (IFRS) as a reality in order to get out of the crisis of the profession at the local level and its isolation from the Arab and global worlds, as it is the only accounting language for understanding the world and its companies.
  2. The need to prepare for the preparation of accounting staff to deal with innovations based on the saying (renew or dissipate), we are in front of artificial intelligence or machine intelligence, which means that the accounting profession is facing a great challenge of development and modernization by employing modern technology in its benefit.
  3. The need to address the lack of job descriptions according to specialization in the accounting field.

The symposium included five topics:

  1. The first axis: a critical review of the obstacles to accounting work at the local level, according to the continuous international update of accounting standards and their conceptual framework.
  2. The second axis: the leading role of accounting information systems in light of cloud computing and block chain.
  3. The third axis: government accounting and tax systems within the dimensions of a sustainable digital future.
  4. The fourth axis: strategies of cost accounting and management accounting, an expected future perspective.
  5. Fifth Axis: Scope of Audit and Control.. Reality of Local Requirements

The seminar was attended by a number of specialized teachers and technicians.

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