Document Details
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Document Type |
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Thesis |
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Document Title |
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SAUDI ARABIA S COMMITMENT TO JOINT-STOCK COMPANIES TO APPLY THE INTERNATIONAL STANDARD 16 PRIVATE FIXED ASSETS "AN EMPIRICAL STUDY" مدى ملائمة تطبيق المعيار الدولي السادس عشر الخاص بالأصول الثابتة على الشركات المساهمة السعودية دراسة ميدانية على الشركات المساهمة السعودية |
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Subject |
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Faculty of Economics and Administration |
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Document Language |
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Arabic |
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Abstract |
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This study aimed to determine the readiness of practitioners (accountants and auditors), as well as administrators in Saudi joint stock companies to apply International Accounting Standard 16 (IAS 16), and to identify the obstacles that prevents the application of this standard.
To achieve this goal, The researcher collected data of the study from books, periodicals, and publications dealing with accounting for fixed assets. The preliminary data were collected through questionnaire designed based on the International Accounting Standard (IAS) No. (16), in addition to previous studies and the theoretical framework of this study. The questionnaire has been distributed on (400) accountants ,auditors and administration in the industrial joint stock companies with huge fixed assets , the researcher used the statistical programme (SPSS) for data analysis and testing hypothesis. .
The study found that there are an acceptable and a desire between the accountants, auditors and administrators to implement aspects of the standard. Despite they agreed, there are obstacles in applying the standard, and the most important obstacle is insufficient in accounting education programs in the definition of the IAS (16) requirements. Moreover, the standard specifies that the re-evaluation as an option and the cost model as well, this will reduce the comparability of similar companies in the industry. .
There are also obstacles are not less important than the previous one, such as unavailability of qualified accounting staff: scientifically and practically in the company, difficulty in understanding, interpreting and applying the requirements of the standard, and the unwillingness of the administration to be honest about financial position of the company. .
The researcher recommended a set of recommendations, the most important of which is to focus on the differences between the two criteria: the Saudi fixed assets standard and the IAS 16, and make the necessary changes so that it can be implemented properly, in addition to the need for enterprises to provide publications, information and training courses in In order to expand their knowledge of international standards, to work properly, to develop public accounting curricula, and to conduct further studies on international standards by expanding the scope of research to all company in Saudi Arabia. |
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Supervisor |
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Dr. Talal Sijini |
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Thesis Type |
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Master Thesis |
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Publishing Year |
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1439 AH
2018 AD |
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Added Date |
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Wednesday, January 31, 2018 |
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Researchers
| منى علي لحسن | Lhasan, Mona Ali | Researcher | Master | |
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