The quality of critical accounting procedures effect on information asymmetry

The purpose of thisresearchis to determine the quality of four of the critical accounting or principal proceduresdisclosure, including how to identify bad debt provision, depreciation method, pension benefits plans, and evaluating inventory on information asymmetry.
The disclosure quality scorein the annual financial statements and board of directors report have investigated by researcher-made checklist rely on Tehran stock exchange requirements for sample firms. Data derived from all firms listed in the Tehran Stock Exchange thatachieved with screening method ina 14-years period from the years 2000 to 2014.
To test the hypothesis, spss and Eviews softwaresand panel data with random effects is used.
The results show that there is a significant negative relationship between disclosure quality of critical accounting procedures and information asymmetry. In other words, increase the quality level of disclosure practices critical accounting procedures in the financial reports of companies is to reduce information asymmetry