The Implications of Judicial Accounting Methods on the Credibility of the Financial Statements - An Analytical Study in the Iraqi Environment

Judicial accounting is one of the important and modern topics, as its importance has emerged since the emergence of crimes and financial disasters which leds to the need for both the judiciary and the relevant parties to apply methods of judicial accounting that may contribute to the support of lawsuits and to reduce the financial crimes in general and the protection of public money from misuse and reducing manipulation of financial statements and reports in particular, as it is a professional and academic field at the same time. The need for it appeared with the increase in the activities of financial, commercial and economic fraud, and the need for the judiciary and other concerned parties to have investigating accountants who investigate in these activities and report on them as an important part of the detection and response process . Accordingly it begans to think that reducing fraud and manipulation in the financial statements is done by finding specialists in the field of investigating them and revealing the perpetrators before the relevant parties such as stakeholders and judicial courts. This research seeks to define judicial accounting, its methods, what it’s procedures are, and how it contributes to the provision of financial information to the judicial authorities which is provided by the financial expert (judicial accountant) which has a direct impact on the decisions taken by the ruler or judge. What are the concepts, characteristics, and importance that judicial accounting includes. The research concluded that the employees in the courts under consideration are aware of the importance of judicial accounting and its role in limiting manipulation in the financial statements, as well as the role that judicial accounting plays in adding the credibility of the financial statements.