Strategic IBM Planning Analytics Software as a Tool for Improvement International Financial Reporting: An Empirical Study in Iraqi Commercial Banks

Financial reporting analysis plays an important role in providing useful information that helps investors and others make decisions, and it requires attention to improving the quality of these reports. Recently, confidence in the financial reports of Iraqi commercial banks has declined, following accounting scandals and high-profile financial frauds. This paper aims to investigate the role of strategic IBM planning analytics in improving International and Local financial reporting analysis in Iraqi commercial banks. A questionnaire was designed and distributed to the study sample, comprising 128 financial analysts and planners at Iraqi commercial banks. The data were then analyzed using SPSS and Smart PLS. The findings demonstrate the significant role of IBM's strategic planning analytics software in Iraqi commercial banks. In addition, the results show that strategic IBM planning analytics software plays a positive and effective role in improving financial reporting analysis in Iraqi commercial banks. Based on these findings, this paper recommends that the strategic IBM planning analytics software should be implemented carefully and accurately. Appropriate policies and procedures should be established, and employees should be trained to use the software effectively. Finally, greater importance should be given to the strategic planning function within the organizational and administrative structure of Iraqi commercial banks by establishing dedicated administrative departments for this purpose.