Using the Principles of Leadership in Business Organizations as an Entry Point to Improve Financial Statements

Abstract

Accounting information plays a key role in moving the development of the national economy and development investments under different economic systems. And the importance of  the role played by accounting information is increased when the state pursues a philosophy of free market economy, where this information is one of the primary elements upon which the money market depends on. The money market is a channel in which through one can convert the savings of individuals to invest in various projects that contribute to the development of the national economy.

Financial reporting play a key role in the establishment of financial intermediaries and information brokers of their role in the development of investments and moving  the national economy. Information brokers add real value, either by giving more confidence in the financial reports, "external auditor" or analyze the information contained in financial reports "financial analyst" on the one hand, and on the other hand, financial intermediaries and investors depend on the information provided by financial reports and other information in their analysis and investment opportunities to choose from.  and that's what adds confidence to the financial statements and gives the company a leading position in the field of accounting and business growth significantly.