Abstract: The current study aimed to identify the degree of disclosure of accounting information and the use of information technology and its impact on the effectiveness of external auditing from the point of view of auditors in the Federal Bureau of Financial Supervision. An auditor working in the Iraqi Federal Office of Financial Supervision, and the results of the study showed that the total degree of the institutions’ disclosure of accounting information and the employment of information technology came to a medium degree, with an arithmetic mean of (2.91). In the light of the results, the study recommended holding awareness sessions for institutions on the importance of employing information technology in managing accounting information and the importance of disclosing accounting information to the regulatory authorities in particular.