The Impact of Accounting Disclosure on the Efficiency of Investment Decisions in Sudanese Banks (2007 to 2017)

Abstract

The present study aimed at investigating the Sudanese reality regarding the application of the international standards to financial disclosure and their impact on the efficiency of investment decisions as well as clarifying the significance of financial reports in decision making at the internal and external levels of the bank. The study adopted the inductive approach, the deductive approach, validity test, the historical approach to analyze literature review, and the descriptive analytical approach utilizing case study method. Results of the study revealed that the bank counts on credible, scientific, and accurate data when applying accounting disclosure. Consequently, investment decisions will be properly made. Additionally, it helps the bank provide financial reports and statement on its current financial status which reinforce the credibility of the reports submitted to the investors. The study recommended fostering modern methods in accounting system to evaluate and to reach the proper and real value of assets. Moreover, the level of disclosure in the reports should be increased and the financial statements should be transparent and available to all beneficiary.

Keywords: Accounting disclosure, efficiency, investment, Sudanese banks