Abstract
Abstract Documentary credits are one of the foreign trade tools that are accepted by all parties involved in the fields. The research problem is determined by two aspects: the first is the fact that is affected by the accounting treatments of financial operations of different nature and objectives of the organization. The second is a lack of accounting control procedures to the documentary credits within the government units and public corporations in Iraq. The research aims to describe the impact of the nature and objectives of the organization. The accounting procedures of documentary credits are proclaimed through a comparative study of the accounting procedures of the documentary credits in the accounting systems of Iraq. The research hypotheses based on the following hypotheses: 1. There is a difference in accounting procedures for the documentary credits in accordance with the unified accounting systems of Iraq. 2. The mechanism of implementation and the various types of documentary credits are used by the organization in Iraq after 2003. It was previously led to inadequate accounting control procedures. Research found that the most important set of conclusions is that the difference in the basis of accounting, expenses depended in the government accounting system, uniform accounting system led to different accounting procedures for documentary credits between the two systems. .
