IFRS for smes as an alternative approach within Algeria's financial accounting system reform strategy

Abstract EN

The purpose of this paper is to introduce a new approach within Algeria's strategy to evaluate and review the Financial Accounting System.

We have proposed a model that combines two systems: maintaining the current system to be applied by listed enterprises as well as large joint stock companies after reviewing it with the international standards (Full IAS/IFRS); and adopting The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) applied by SMEs.