This study investigates the impact of International Financial Reporting Standards (IFRS) adoption on voluntary disclosure and financial reporting quality in the banking sectors of Iraq and Saudi Arabia. Using data from banks in Iraq (2015-2022) and Saudi Arabia (2013-2022), the study examines how IFRS adoption influences transparency and corporate governance practices. The findings reveal a positive and significant relationship between IFRS adoption, voluntary disclosure, and financial reporting quality. In particular, the adoption of IFRS has enhanced voluntary disclosure practices in both countries, improving the transparency of financial information and aligning with international reporting standards. The study also highlights the importance of considering IFRS adoption when evaluating the financial statements of banks, as it contributes to more informed decision-making by investors and stakeholders. While the results align with global trends, the study underscores the need for further research to address the unique contextual challenges in Iraq and Saudi Arabia’s banking environments. These findings offer valuable insights for regulators, banks, and investors aiming to improve financial reporting practices and promote greater transparency in the Middle East banking sector.

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