الفهرس 
مدخل تحليلي لتصنيف وقياس الأدوات المالية في الفكر المحاسبييوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
This research aims to investigate the impact of the financial instruments’ classification and measurement on the accounting information quality.
In order to achieve this objective, a set of steps were followed as stated below:
1-Identifying the classification and measurement of financial instruments problems in the light of international accounting standards.
2-Identifying the classification and measurement of financial instruments problems in the light of the International Financial Reporting Standard no. 9 (IFRS 9).
3-Investigating the impact of the classification and measurement of financial instruments on the quality of accounting information.
4-Developing an accounting framework to show the impact of enhancing and developing of the classification and measurement of financial instruments on the quality of accounting information
The current research has concluded a number of findings through the theoretical study, such findings include:
The International Accountin Standard has opened the door wide for the management to manipulate the profit numbers in a way to achieve its own goals, this is because the flexibility given to management when classifying and reclassifying the firms’ financial instruments and the lack of any restrictions on the management ability in this concern other than the management intentions and capabilities.
Given the multiplicity of classifications of financial assets and liabilities and the multiplicity and differences of the measurement requirements for each of them, the International Accounting Standard no. 9 (IAS 39) is regarded as a complex accounting standard that requires difficult applications by the firms.
The International Financial Reporting Standard no. 9 (IFRS 9) came in contrast to what was stated in the International Accounting Standard no. 39 (IAS 39), as it provided a clear justification for measuring financial instruments through a specific, clear and uncomplicated set of classifications. As the standard included a new base for classifying financial assets, and this base does not depend on the intention and needs of the firm’s management while managing the firm’s financial assets.
Issuing the International Financial Reporting Standard no.9
(IFRS 9) is an important turning point in the accounting profession as it aimed to increase the use of fair value accounting, as the standard considered fair value accounting the base for measurement while allowing in certain cases the use the amortized cost method; This step mainly aimed to enhance the relevance of the accounting information presented in the financial statements.
The classification and measurement of financial instruments according to the international financial report standard no.9 (IFRS 9) improve the quality of the qualitative characteristics of financial information, limits earning management and increases transparency. All these contributions add to the credibility of the accounting information and improves its comparability and relevance when making decisions.
The current research provides a proposed framework for developing the classification and measurement of financial instruments. This framework can be used in measuring the impact of developing the classification and measurement of financial instruments on the quality of accounting information, which can encourage firms to continuously improve the accounting treatments of financial instruments.
This research included an applied study on a sample of 21 joint stock companies operating in the financial services sectors (banking sector and non-banking financial services sector). These firms information was analyzed using the content analysis technique in a time series from 2018 to 2019, thus the number of observations that were statistically analyzed was (42) Observation with the objective of determining the extent of commitment to classifying and measuring financial instruments according to IFRS 9 and showing the impact of that on the quality of accounting information for these firms during the fiscal years 2018 and 2019, with a survey of the opinions of a sample auditors and preparers of the financial reports in the sample firms (84 survey list, four for each firm) about the proposed accounting framework that was prepared within this research to improve the classification and measurement of financial instruments and its role in enhancing the quality of accounting information. The research hypotheses were tested, and the following findingswere concluded:
The validity of the first hypothesis: There is a significant relationship between the classification and measurement of financial instruments according to IFRS 9 and the quality of accounting information.
The validity of the second hypothesis: The proposed framework for improving the classification and measurement of financial instruments enhances the quality of accounting information.
Through the results of the theoretical and practical study of this research, the researcher presents a number of recommendations, the most important of which are:
from an academic perspective: the departments of accounting in the Egyptian universities must take actual and bold steps in revising their programs and courses to increase the interest in financial instruments in line with the international standards, in order to supply the business environment with graduates who are qualified and capable of keeping pace with developments in the international standards.
from a professional perspective: Egyptian auditing and accounting firms need to develop and diversify the skills of their staff to be able to apply and adapt with the requirements of IFRS 9, and to form cooperative programs between universities and accounting firms to offer practical trainings for students and to increase their awareness of the vital issues affecting the Money market, including the accounting for financial instruments.
from the organizational perspective of the accounting profession: the necessity of establishing a regulatory body or a professional body that should be under the supervision of the Central Bank and the Capital Market Authority, its tasks shall be to issue the explanations and the guidelines necessary to understand the new accounting standards in line with the Egyptian context. Additionally, efforts should be directed to the application of international standards, especially IFRS 9, such efforts should include translation, interpretations, solving application problems and conflicts with Egyptian legal system.
The Capital Market Authority and other authorities responsible for regulating the accounting profession in Egypt should adopt the proposed framework to improve the classification and measurement of financial instruments in order to improve the quality of accounting information in financial institutions.
The Central Bank of Egypt should hold educational workshops and seminars for all the related parties that will participate in the application of (IFRS.9) and the users of financial statements to explain the impact of adopting this standard on the quality of banks’ financial statements and its role in enhancing the confidence of shareholders and depositors.