Environmental Factors Affecting The Application Of International Accounting Standard (No. 34) Interim Financial Reports

An Applied Study On Commercial Libyan Banks

Abstract

The study aimed to determine the extent to which the appropriate environmental factors are provided for the application of International Accounting Standard No. 34 in commercial banks, and to clarify the impact of environmental factors on the application of International Accounting Standard No. 34>. To achieve this goal, then use the descriptive analytical approach to achieve the objectives of the study. The questionnaire method was used to collect the necessary data, where 100 questionnaires were distributed to employees working in the accounting and budgeting department in commercial banks, where the number of recovered forms reached 79 forms, and then 10 forms were excluded because they were not suitable for analysis. Thus, the number of forms subject to analysis is 69. By testing the hypotheses of the study and data analysis resulted indication of the availability of environmental factors suitable for the application of IAS 34with weaknesses that must be taken into account, in   addition to the application of IAS 34 provides quality accounting information, and the results also showed that the environmental factors It affects the application of International Accounting Standard No. 34.