LAAA role is substantial but 43 per cent of the STA group considered that it is limited
and only 12 per cent of them could not decide. In addition, the results indicate that
the highest percentages at 60-55 per cent of the SRA and AC groups, respectively, and
52 per cent of FM group believe that the LAAA has played a role in developing
accounting standards, whereas, the highest percentage at 45 per cent of the STA
believe that it has not.
In addition, the results reveal that there were no statistically significant
differences among the four groups’ perceptions of the role of the LAAA in achieving
this objective which is supported by the results of one-way ANOVA ( p ¼ 0.866 which
is more than 0.05). From this result, it can be argued that there was common
consensus among the responses of the four targeted groups regarding the above
objective.
The findings in Table XIV demonstrate that more than three quarters of
respondents thought the role of LAAA in drafting laws which were related to the
accounting profession is limited, with an average score of 2.2, while only 15 per cent
of them thought its role is substantial and about 9 per cent of them were unaware of the
LAAA role.
Regarding the differences between the four sample groups the results indicate
that there were statistically significant differences among these groups’ perceptions
of the role of LAAA in this objective ( p ¼ 0.001 which o 0.05). To achieve a deep
understanding about which groups differ from which, a post hoc test using Duncan was
conducted. The finding of this test indicates that all groups believed that the LAAA
had a limited role of involvement in accounting law drafting. However, the AC, SRA