The role of the financial accounting system in enhancing governance in the commercial corporate sector
Keywords:
Financial accounting system, Governance, Commercial corporationsAbstract
This study seeks to emphasize the importance of the financial accounting system in reinforcing and operationalizing governance principles within the commercial corporate sector. The financial accounting system is regarded as a critical instrument for restoring confidence in financial statements by improving their quality and reliability. It plays a vital role in facilitating the implementation of governance by enhancing transparency and credibility in financial operations. Moreover, the study examines the role of Algerian legislation in promoting these principles through relevant agreements and statutory provisions, thereby reinforcing corporate governance and contributing to institutional stability.
Downloads
References
Abdel Moneim Fawzi, Public Finance and Fiscal Policies, First Edition, Dar Al-Maaref, Alexandria, 2002, p. 46.
Ali Menad and Mohamed Mouloud Ghezil, Assessing Corporate Governance in Algeria Using Affiliation Countries, Economic Notebooks Journal, Vol. 2, No. 1, p. 93.
Article 3 of Law 11/07 dated 15 Dhu al-Qi'dah 1428 AH, corresponding to November 25, 2007, regarding the financial accounting system, Official Gazette No. 74, p. 3.
Articles 04 to 09 of Executive Decree No. 08/165 concerning the implementation of the provisions of the Financial Accounting System, dated May 28, 2008, Official Gazette No. 27, p. 11.
Badi Fatima Zahra, The Role of the Board of Directors in Corporate Governance in Joint-Stock Companies, Mediterranean Journal of Law and Economics, Vol. 4, No. 2, p. 59.
Ben Ammara Mansour, Accounting and Tax Audit Procedures, Houma Publishing House, Algeria, 2011, p. 11.
Ben Touta Kandaz and Hakim Bradia, An Analytical Study on the Extent to Which the Algerian Tax System Aligns with the Financial Accounting System, Journal of Economic and Administrative Research, No. 18, December 2015, University Center of Tissemsilt, Algeria, p. 339.
Ben Touta Kandaz and Kamel Bradia, Ibid., p. 345. Souad El Agha and Kamel Ben Moussa, The Importance of the Financial Accounting System in Activating Corporate Governance: A Case Study of the Road Maintenance and Works Company, Revue des réformes économiques et intégration en économie mondiale, Vol. 14, No. 3, p. 9.
Djamila Kherkhach and Belajouz Hocine, The Role of Internal Control in Activating Corporate Governance in Algerian Commercial Banks, Journal of Law and Humanities (Economic Studies), Issue 1, University of Ziane Achour, Djelfa, p. 59.
El Abdi Dalal, Corporate Governance and Its Role in Achieving the Quality of Accounting Information: Case Study of Alliance Insurance Company – Algeria, Doctoral Thesis in Commercial Sciences, Accounting Specialty, Mohamed Khider University, Biskra, 2016, p. 27.
El Othmani Mostafa, The Role of Information Systems in Activating Tax Auditing: The Case of Algeria, Master's Thesis in Economic Sciences and Management, University of Médéa, 2008, p. 105.
Fatima Boudra and Moukadem Abirat, The Impact of the Compatibility Between the Financial Accounting System and the Tax System on the Effectiveness of Tax Auditing in Algeria, Journal of Law and Humanities (Economic Studies), Vol. 10, No. 29, p. 241.
Karim Gouba, The Impact of the Development of the Internal Audit Profession on Supporting Internal Control in Activating Corporate Governance, University of Ahmed Bouguerra, Boumerdes, June 2017, Issue 22, p. 134.
Malika Zeghib and Soussan Zireg, The Role of the Financial Accounting System in Supporting Governance in Algeria, Paper presented at the National Conference on Corporate Governance as a Mechanism to Combat Financial and Administrative Corruption, Biskra, Algeria, May 6–7, 2012, p. 14.
Ministry of Small and Medium Enterprises and Traditional Industries, Charter of Good Governance for the Algerian Enterprise, 2009, p. 14.
Nasser Mourad, The Reality of the Algerian Tax System Under the Financial Accounting System, Tax Studies Journal, Vol. 05, No. 1, p. 59.
Official Gazette, No. 19, issued on March 25, 2009, including the decree defining the rules for evaluation, content, and presentation of financial statements, as well as the chart of accounts and rules for their operation.
Official Gazette, No. 44, dated July 26, 2009, containing the Supplementary Finance Law of 2009.
Official Gazette, No. 78, dated December 31, 2009, containing the 2010 Finance Law.
Sofiane Ben Abdelaziz and Youssef Moumni, The Financial Accounting System as a Mechanism for Activating the Tax Audit Process: A Field Study of Tax Audit Services in Béchar Province, Journal of Financial, Accounting and Administrative Studies, Vol. 4, No. 1, p. 603.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 The International tax journal
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
