الافصاح المحاسبي ودوره في ترشيد قرارات مستخدمي القوائم المالية

Abstract

Abstract The problem of the research is represented in how to make accounting disclosure in the financial statements of Libyan industrial companies, and its impact on rationalizing decisions of these statements users, and to what extent they depend on it to meet their needs. The objective of the research is to study and to identify the role of accounting disclosure in meeting the needs of the users financial statements as well as to disclose the availability of accounting disclosure requirements in the financial statements of Libyan industrial companies , and to clearly the effect of improvement the level of accounting disclosure on decision making. To achieve the research objectives, the following hypothesis were tested:- 1- Accounting disclosure in Libyan industrial company’s financial statements is insufficient to meet the needs of the statements users. 2- Lack of availability of accounting disclosure requirements in financial statements of Libyan industrial companies leads the users to make irrational decisions. 3- Improving the level of accounting disclosure in financial statements of Libyan industrial companies support the confidence of statements users & increases the level of reliance on these statements to rationalize decisions. The following approaches has been used deductive, inductive, historical, and analysis descriptive approach. The research hypothesis has been validated, and conduced with many finding & recommendations. The most important findings are:- 1- Accounting disclosure in the financial statements of Libyan industrial companies is insufficient to rationalize decisions. 2- Libyan industrial company's financial statements didn’t meet the accounting disclosure requirements. 3- Improving the level of accounting disclosure in the financial statements of Libyan industrial companies support confidence of these statements users and their reliance to make rationale decisions. The most important recommendations are: 1- Re-enactment Libyan laws & legislations to cope with accounting disclosure requirement in financial statements of Libyan industrial companies to make rationale decisions. 2- Improving the level of accounting disclosure in financial statement 3- of Libyan industrial companies to increase the confidence of their users and relying to rationale decisions.