| Autor: |
Ghader, Abed El-Hai, Bassbous, Elie |
| Předmět: |
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| Zdroj: |
Multi-Knowledge Electronic Comprehensive Journal For Education & Science Publications (MECSJ); Jan2021, Issue 39, p1-17, 17p |
| Abstrakt: |
Due to the current economic situation in Lebanon the Lebanese government need international assist and grants in order to relaunch the economic cycle, the International Monetary Fund and World Bank request from the Lebanese government to apply IPSAS in order to have transparent financial statement. Lebanon is experiencing a severe financial crises that impact the economic and business. The impact includes a significant public debt burden. This has created liquidity pressure in most business. The prime minister in 7th march 2020 declare officially that Lebanese government will not pay be able to pay Eurobond due on March 2020 witch is considered a debt default. This study aims to determine obstacles of Applying International Accounting Standards for Public Sector in Lebanese Ministry of Finance; the descriptive approach is adopted through books, journals and previous studies in the composition of secondary data; and a sample of the study community to form the preliminary statements using the interview with members of IPSAS committee at the ministry of finance. The results have shown that there were difficulties evidences in the infrastructure and in the accounting system. Finally, the study recommended the importance of continuous reforming for the accounting programs in the public institutional sectors in Lebanon to reach up with rapid development in the accounting sector. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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