Nobody downloaded yet

Disclosure in Financial reports in Industrial Companies in Libya - Research Proposal Example

Comments (0) Cite this document
Summary
The economic development of Libya and the tutelage of Muammar al-Gaddafi over the past forty years has brought this once impoverished North African out of the abject reaches of poverty. Accordingly, Libya has witnessed tremendous economic growth since the military swept the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Disclosure in Financial reports in Industrial Companies in Libya
Read TextPreview

Extract of sample
"Disclosure in Financial reports in Industrial Companies in Libya"

Download file to see previous pages Additionally, Libya has been the focus of much international scrutiny following the high-publicized released of convicted Lockerbie mastermind Abdel Baset al-Megrahi from a Scottish prison early last month and the eyes of the world are once again on Libya, a former pariah state according to many leaders of the Western world but today a partner in economic development and prosperity. Thus, accusations that Mr. al-Megrahi was released by Scottish authorities to facilitate economic relations between Great Britain and Libya emphatically demonstrate the important economic ties between Libya and the rest of the modern, developed world. Seeking to understand economic development and the increased necessity of the disclosure of industrial financial reports in the Libyan context, this research proposal aims to provide a thorough and comprehensive introduction to a new Libyan phenomenon. As Libya opens up its markets to the forces of liberal economics and seeks to compete with Western actors on the economic stage, the issues of openness and transparency will increase. How salient are issues surrounding the disclosure of industrial financial reports in the Libya today? Is Libya prepared for increased transparency in the realm of financial reporting? Are industrial companies in Libya equipped to fully disclose their personal financial records? Is full disclosure relevant in the Libyan context? (Cowell and Sulzberger, 2009; Otman & Karlberg, 2007)
These questions and many more will be elaborated upon further in this analysis. This will be followed by a description of our methodology and questions surrounding measurement and the coding of variables. Seeking to employ a multifaceted qualitative/quantitative analysis, this project aims to utilize both forms of analysis. We will conclude with a concise overview of this important project proposal ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Disclosure in Financial reports in Industrial Companies in Libya Research Proposal”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1557458-disclosure-in-financial-reports-in-industrial-companies-in-libya
(Disclosure in Financial Reports in Industrial Companies in Libya Research Proposal)
https://studentshare.org/miscellaneous/1557458-disclosure-in-financial-reports-in-industrial-companies-in-libya.
“Disclosure in Financial Reports in Industrial Companies in Libya Research Proposal”, n.d. https://studentshare.org/miscellaneous/1557458-disclosure-in-financial-reports-in-industrial-companies-in-libya.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Disclosure and Financial Reporting
...on their behalf with their primary responsibility of allocating resources in optimal ways to maximize the returns. The enactment of Sarbanes – Oxley Act has received cross-sectional responses and admirations across the industry for being able to ensure investor protection through relevant and transparent as well as periodic financial disclosures. Various sections of the act bestow responsibility on the CEO and the CFO to ensure implementation of proper internal controls for financial reporting and disclosure. The act has not only ensured investor protection but also imposed penalties in cases of non-adherence. The role of external...
9 Pages(2250 words)Essay
Financial Instruments disclosure
...where as the research methodology elaborates the systematic process by which the researcher should conduct the research so as to achieve research objectives. In this study the five year annual reports of three companies of UK retail industry, namely Tesco, Sainsbury and Waitrose, was analysed from the period starting from the year 2009 to 2013. The main purpose of the study is to reveal whether these firms comply with international accounting standards and to what extent they transparently disclose as per this standards. As discussed earlier in the methodology section, the most appropriate way to find whether the firms disclose more or less than the standards is to use a checklist...
48 Pages(12000 words)Dissertation
The Financial Reporting Disclosure
... The Financial Reporting Disclosure Introduction Financial reporting has evolved over the years to meet the changing needs of the users. With increasing complexity of business and capital markets, the financial reporting needs to get changed. Companies need to use fair value accounting to take into consideration the complex and judgemental measurements of a business. This underlines the importance of disclosure of more information which is relevant to the users, even though such information is subjective and less reliable in nature. The...
5 Pages(1250 words)Essay
Predict the performance of emerging financial markets through the financial reports of companies
...Predict the performance of emerging financial markets through the financial reports of companies ", Introduction Financial markets the world over aretoday a matter of interest, maybe more a matter of concern. The current recession in the US has been one of the worst in the past forty years. Ever since the Great Depression in the 1930s, the world had not seen an economic crisis of such an enormous bearing. The recession has not only affected the U.S and Europe, it has affected the world economy to a great extent. Today, trade is not restricted to the internal boundaries of a country. Goods and currencies move from one part of the globe to another in a matter of days. As a consequence, any event occurring in one part of the world... based...
4 Pages(1000 words)Essay
Corporate Governance Disclosure and the Financial Practices
...Proposal – UG Module 6IM999 Abdulhakim Alsubaie Number: 100148098 or topic area of proposed study The impact of corporate governance disclosure on the financial reporting practices in a developing country: The case of Saudi Arabia What is the aim of the study? (there should only be 1 Aim) The primary aim of the study would be to assess the impact of corporate governance reporting on the annual financial statements of Saudi Arabian companies. What are the objectives of your study? The study intends to focus on the attributes of corporate governance reporting practices that are prevalent in the Saudi listed...
6 Pages(1500 words)Essay
Financial Reports of McDonalds
...Financial reports of McDonalds unit: April 30, Financial reports of McDonalds Introduction Organizations maintain records of their financial information that is then classified, organized, and communicated to stakeholders for informed decisions. Income statement, balance sheet, cash flow statement, and statement of shareholders’ equity are the major financial statements that summarize the organized data for communication to stakeholders and are contained in the annual report. Further analysis, in ratio analysis, is however necessary to allow for a comparative perspective of an organization’s financial...
4 Pages(1000 words)Assignment
Financial Accounting Reports
...on with their business without affecting their financial statements directly. There are some industries that are highly regulated such as banks and chemical companies. Failure to comply with these laws and regulations is likely to result in undesirable consequences such as fines and litigations which in turn may significantly impact an organization’s financial statements. It is the duty of the management and those mandated with oversight and governance to make sure that their organization conducts its business according to the set regulations and this includes complying with laws and regulations that that stipulate the amounts to be reported and...
4 Pages(1000 words)Essay
Financial Accounting Reports
.... Financial statements are issued by companies after regular intervals or on a proper routine schedule (Robinson 2012). These statements are provided to general public outside the company and the main receivers of the information included therein are generally for the stockholders/owners. Certain other users are also there which are to be discussed below. Financial reporting The Financial Accounting Standards Board says financial reporting to be financial statements as well as other ways to communicate financial information related to the enterprise to the outside users....
8 Pages(2000 words)Essay
Financial Accounting Reports
.... After measuring and monitoring, the results is the then reported to the interested parties. In most cases, financial accountancy is used during the preparation of accounting information for the outsiders of the organization. However, it is not used for the daily operation at the company (Alexander 2008, 76). Financial Statements Financial statement is generally a formal record that defines financial activities of a particular organization, business entity or even a person. In most cases, the relevant financial information is usually presented in an effective manner and in a simple form to enable the user having less...
4 Pages(1000 words)Assignment
Financial Accounting Reports
...Financial Accounting Reports A consoli profit and loss ment determines the profits or loss that an entity has incurred over a set out It is used by entities to show indirect expenses that a company has incurred, and this can be used to make key decisions in the company (Gillespie, 2011). The statement is utilized by businesses to show the performance hence this tracks the performance of a business. The statement is also used as a basis for forecasting, as decisions can be made based on previous performances. In the company, if a venture leads to a loss, the company is sure to compensate for it A balance sheet is among the key...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Proposal on topic Disclosure in Financial reports in Industrial Companies in Libya for FREE!
Contact Us