The Impact of Power Business Intelligence on Financial Performance and Decision-Making Support:A Descriptive Analytical Study on a Sample of Finance Managers and IT Specialists in Industrial Companies within the Kurdistan Region of Iraq

Impact of Power Business Intelligence on Financial Performance and Decision-Making Support

Authors

DOI:

https://doi.org/10.63841/iue3261185

Keywords:

Power BI, Financial Performance, Decision Support, Business Intelligence.

Abstract

The purpose of the research is to analyze how Power BI can be used to improve the connection between the financial performance and the decision-making support in industrial enterprises in the Kurdistan Region of Iraq. A descriptive method of analysis was used in the study as data were collected both in the form of a questionnaire with a sample population of finance managers and IT experts, as well as a literature review and past research. To determine the effects of the Power BI dimensions (interactive performance reports, key performance indicators, predictive analytics, and smart dashboards) on the financial performance and managerial decision-making support, the statistical analysis tools (correlation and regression coefficients) were applied. The results showed that there was a high and positive relationship between the application of Power BI and the improvement of financial performance in terms of efficiency creation, cost reduction, and control improvement. It turned out that relying on Power BI in decision-making will assist in making decisions based on the right and recent data, optimize superior analytics, and predicting forthcoming behavioral trends. The finding proposed that Power BI is a strategic tool that might help the industrial companies to make better decisions as well. It recommends establishing training pathways for business intelligence personnel.

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Author Biographies

  • Hawar Ghafur Hamad Amin, Department Accounting Techniques, Erbil Technical Administrative College, Erbil Polytechnic University, Erbil, Kurdistan Region, IRAQ

    Hawar Ghafur Hamadamin is a Lecturer at the Department of Accounting, Administration Technical College, Erbil Polytechnic University. He received his B.Sc. degree in Accounting, the M.Sc. degree in International Accounting, and the Ph.D. degree in Financial Accounting. His research interests include financial accounting, IFRS, taxation systems, and entrepreneurship. Dr. Hawar is a certified member by Grant Thornton for preparing IFRS-based financial statements, has attended several national and international conferences, and published multiple research papers on accounting standards and economic growth in the Kurdistan Region.

  • Tavga Mahdi Azeez, Department Accounting Techniques, Erbil Technical Administrative College, Erbil Polytechnic University, Erbil, Kurdistan Region, IRAQ

    Tavga Mahdi Azeez is a Lecturer at the Department of Accounting Technique, Administration Technical College, Erbil Polytechnic University. She received her B.Sc. degree in Accounting, the M.Sc. degree in Accounting (2015–2017), and is currently a Ph.D. student in Financial Accounting at Erbil Polytechnic University. Her research interests include international accounting, advanced financial accounting, auditing, cost accounting, and accounting information systems. Dr. Tavga has conducted research on accounting disclosure between international standards (IASs/IFRSs) and Iraqi accounting rules, and their effects on the quality of accounting information. She is an active academic, has attended national and international conferences, and published several papers on topics such as internal auditing, financial reporting, and strategic auditing in Iraq

  • Rizgar Abdullah Sabir Jaf, Department of Accounting, Salahaddin University-Erbil, Kurdistan Region, IRAQ

    Rizgar Abdullah Sabir Jaf is a Professor at the Department of Accounting, College of Administration and Economics, Salahaddin University-Erbil. He received his B.Sc. degree in Accounting, the M.Sc. degree in Accounting, and the Ph.D. degree in Accounting. His research interests include cost and managerial accounting, financial accounting, and auditing. Dr. Rizgar has a particular focus on modern accounting methods such as Target Costing, Time-Driven Activity-Based Costing (TD-ABC), Resource Consumption Accounting (RCA), and Material Flow Cost Accounting (MFCA), aiming to enhance efficiency, reduce costs, and improve value creation. He is a member of academic societies, has attended numerous national and international conferences, and published several papers on topics such as IFRS, competitive advantage, and sustainable profitability.

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Published

2026-04-25

Issue

Vol. 3 No. 2 (2026)

Section

Accounting and Finance

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Copyright (c) 2026 Academic Journal of International University of Erbil

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

The Impact of Power Business Intelligence on Financial Performance and Decision-Making Support:A Descriptive Analytical Study on a Sample of Finance Managers and IT Specialists in Industrial Companies within the Kurdistan Region of Iraq: Impact of Power Business Intelligence on Financial Performance and Decision-Making Support. (2026). Academic Journal of International University of Erbil, 3(2), 1185-1198. https://doi.org/10.63841/iue3261185