companies’ FM stressed that their companies do not comply with IASs when preparing
their financial reports, whereas 15 per cent agreed and strongly agreed.
The Table VII demonstrate that more than 86 per cent of respondents disagreed and
strongly disagreed that companies do not follow “the accounting standards issued by
the LAAA when preparing their financial reports”, which scored an average of 2.0,
whilst about 11 per cent of them agreed and strongly agreed that they follow.
In addition, as the results in Table VIII show that over 96 per cent of respondents
gave a high score to “preparing financial statements of companies in accordance with