دور الافصاح المحاسبي في سوق الاوراق المالية في ترشيد قرار الاستثمار

The role of accounting, in its different branches, is intensified as a system to produce information of relative benefit and convey the financial information to different and wide categories of the society, whether it serves their interests or not. This is done through financial statements and reports that reflect what took place in the economic institution. This would help in making economic and investment decisions. The importance of the financial statements as outputs of the accounting system applied in the institution requires preparation of the statements be on bases of the disclosure of the ambiguous issues that have the relative important effect in the decision making process. Any misleading information contained in these statements will lessen their importance; consequently, it will affect the decision of investment which is considered as an important and serious decision. This requires the availability of information at high degree of objectivity and accuracy.