تطور بيئة العمل المحاسبي و إمكانية الاستفادة من نتائج الجهود السابقة في تطوير البيئة الوطنية للمحاسبة

الملخص EN

The Purpose of this Paper is to Review and analyze the Literature of the accounting Standard development ; especially the American GAAP as well as the international Standards.

And to make such analysis in developing the related elements of accounting environment in Libya.

The paper is devided into five Sections, the first section covers the concepts of accounting environment and the characteristics of accounting information .

It is argued that elements of accounting environment include providers and users of accounting information, means of communicating information, auditing function, professional research and development bodies, among other elements .

Basic characteristics of useful information include mainly relevancy, reliability, comparability, clairity, timely, objectivity, accuracy, and verifiability.

In the second section, related literature of accounting environment development is analyzed.

Such analysis covers, In particular, the development process of American GAAP as well as international accounting standars.

The third section discusses and explaines the concept of generally accepted accounting principles (GAAP).

It has been argued that the definition of GAAP is very loose.

They include, among other things, accounting assumptions, principles, methods, pronouncements and releases by authorized accounting bodies, and published research and statements by the profession on certain accounting issues.

In the forth section, the development of accounting environment in Libya is presented.

The paper argues that the speed of the development process is influenced by several new trends and economic changes, such changes include the privatization of public sector, the creation of a stock market, the approval of new legislations concerning taxes, foreign investment, banks, etc.

The paper explains that the development process of accounting standards can be achieved through several alternatives.

However, It is argued that the most acceptable approach is to adopt International accounting Standards and make them workable and applicable to the local environment.

There are several economic, legal, Political and cultural factors have to be considered in such development.

The suggested national model of accounting development in Libya is headed by a general accounting body which controls and regulates the accounting profession.

It can be called the Supreme National Accounting Commission (SNAC).

The SNAC consists of representatives from several sectors Including the stock Market, the Profession, the Secretariate of Finance, the Central Bank, the Technical and Financial control General Office, as well as Several well qualified Individuals.

Two boards are selected by the SNAC ; one for setting accounting standards, the other for setting auditing standards.

The structure and financial resources of the development process is also highlighted.

The final section covers the summary, conclusion, and recommendations.

Several Suggestions and recommendations are Presented by the Paper.

An Organization chart and two appendices are also included.