معايير المراجعة و قواعد السلوك المهني في الجماهيرية

Abstract EN

A research was undertaken to accomplish the following objectives: 1- To survey the auditing stan-dards and profissional ethics in Libya.

2 - To evaluate such standards and ethics.

3 - To put forward some recom-mendations concerning the accounting profession in Libya.

The study was devided into two parts.

The first part covered the theoritical aspect of the study.

A review of the related rules and regulations was also included.

In the second part, an appropriate questionnaire was designed and sent to a sample of participants.

Two operational hypotheses were tested.

The two hypotheses imply that generally accepted auditing standards and rules of conduct are not followed and applied on a satifac-tion and correct basis.

Testing the first hypothesis, five out of ten cases (sub-hypotheses) were rejected at 5% level of confidence.

However, only two out of nine sub-hypotheses were rejected in the second main hypothesis.

Main conclusions of the study are: 1 -Current rules and regulations of the accounting and auditing profession are unsufficient.

There is a lot of work and Improvements needed to be done.

2 -The study team found that some auditing practices are not in compliance with generally accepted auditing standards and professional ethics.

3 - It was concluded also that the managing committee of the accounting profession has failed to fullfil its duties and respon-sibilites concerning the development of the profession.

Finally, a framework for the development of the accounting profession was proposed.

Such frame work was based on data collected from participants through the questionnaires, as well as, on the personal experience of the researchers.