Department of Financial Disclosure

09/01/2019
507

 What to disclose:

- Providing, and communicating all information of interest to investors at Iraqi Stock Exchange and those interested in them.

- Providing information and data to users in a proper, correct and appropriate manner to help them make decisions.

Importance of disclosure:

- Enhancing investor confidence and helping them make investment decisions.

- To purify the economic atmosphere of rumors and to reduce the intensity of unwanted price fluctuations based on unreliable information.

- Prevent using of internal information by people familiar with it.

Purpose of disclosure:

- Providing appropriate information to serve the common needs of users of the financial statements to make their decisions regarding their dealing with the securities issued by the company in order to be transparent and fair trading.

Types of disclosure:

- Disclosures are made through the financial statements and financial statements of the listed company

- Disclosures of significant material information between the periods in which the financial statements are presented affect the movement, price and volume of trading per share.

Disclosure components:

- Annual Reports and Financial Statements.

- Quarterly reports and financial statements.

- Significant (Substantial) events occur between reporting periods.