The impact of applying international financial reporting standards to SMEs on optimizing the utility of financial reports between Palestinian and Libyan business environment

Joint Authors

Rashwan, Abd al-Rahman
Amarif, Suad Ayyash Ali

Source

Journal of Accounting and Financial Studies

Issue

Vol. 14, Issue 48 (30 Sep. 2019), pp.79-94, 16 p.

Publisher

University of Baghdad Post Graduate Institute for Accounting and Finance Studies

Publication Date

2019-09-30

Country of Publication

Iraq

No. of Pages

16

Main Topic

Banking and Financial Sciences

Topics

Abstract EN

The main aim of the research is to identify the impact of the application of IFRS for SMEs on optimizing the utility of information for financial reports.

To answer the questions and test the hypotheses of the research, researchers relied on the descriptive analytical approach.

First, the researchers clarified the theoretical aspect through previous studies, and then they analyses d the results of the applied study by testing the hypothesis using the SPSS.

A questionnaire was distributed after evaluation and arbitration by a number of specialists on selected sample.

The sample of 120 respondents consists of general managers, department directors, head of departments, accountants, auditors and financial controllers working in the financial departments of the Palestinian and Libyan businesses.

The results of the research showed a the implementation of IFRS has many advantages and benefits, the most important of which is improving the quality of disclosed financial information, and increasing the level of disclosure and transparency in financial reports.

The study also recommended that small and medium-sized enterprises of the Palestinian and Libyan businesses should comply with the IFRS to improve the quality of information financial reports.

American Psychological Association (APA)

Rashwan, Abd al-Rahman& Amarif, Suad Ayyash Ali. 2019. The impact of applying international financial reporting standards to SMEs on optimizing the utility of financial reports between Palestinian and Libyan business environment. Journal of Accounting and Financial Studies،Vol. 14, no. 48, pp.79-94.
https://search.emarefa.net/detail/BIM-935804

Modern Language Association (MLA)

Rashwan, Abd al-Rahman& Amarif, Suad Ayyash Ali. The impact of applying international financial reporting standards to SMEs on optimizing the utility of financial reports between Palestinian and Libyan business environment. Journal of Accounting and Financial Studies Vol. 14, no. 48 (2019), pp.79-94.
https://search.emarefa.net/detail/BIM-935804

American Medical Association (AMA)

Rashwan, Abd al-Rahman& Amarif, Suad Ayyash Ali. The impact of applying international financial reporting standards to SMEs on optimizing the utility of financial reports between Palestinian and Libyan business environment. Journal of Accounting and Financial Studies. 2019. Vol. 14, no. 48, pp.79-94.
https://search.emarefa.net/detail/BIM-935804

Data Type

Journal Articles

Language

English

Notes

Includes appendix : p. 93-94

Record ID

BIM-935804