Abstract

The commitment to transparency and disclosure of information related to the paper securities reciprocal in the stock market is gaining great importance that is increasing day by day, particularly with the emergence of new markets and the different accounting systems, especially as the accounting systems and modern financial structures have become more complex than they were in the past. Accordingly, transparency and disclosure are not a gift or a grant that companies give through accounts auditors ’reports to shareholders or investors, but rather they are a necessity imposed by legal and professional rules as principles that are adhered to in order to provide the appropriate climate inside the stock market in order to provide the necessary information and data and it helps investors in making their decisions on a scientific and professional basis, therefore the auditor by his professional role contributes to achieving transparency and disclosure and enhancing stability in the stock market if he fulfills the responsibility entrusted to him, as it is the generally approved entity by all sectors and private and public institutions to be guided by their opinion and rely on Its reports, especially the financial reports that are approved by the auditors are one of the components of an efficient market, and with the Increasing confidence in it increases its importance and role in enhancing the stability of this market.