DOI: https://doi.org/10.36719/2706-6185/48/117-126
Mohammed Reda Bendoukha
Southwestern Region University of Tahri Mohammed Bashar
https://orcid.org/0000-0002-3967-127X
bendoukha.mohammed.r@univ-bechar.dz
Abdelkrim Bendekhis
Southwestern Region University of Tahri Mohammed Bashar
https://orcid.org/0009-0005-6563-0219
bendekhis.abdelkrim@univ-bechar.dz
Budget Transparency in Algeria: Assessment of the Adequacy of
Algerian Financial Statements in Relation to Ipsas 24 For the
Presentation of Budget Information in Financial Statements
Abstract
The paper brought out the aspect of budget transparency in regard to Algeria, which the researchers set out to establish at what level Algerian financial statements comply with IPSAS 24 in regard to the presentation of budget information in the financial statement. Thus, this research study intended to evaluate the accuracy and transparency of the financial information disclosed by Algeria through assessing the level of compliance that would result in increased transparency by upholding international standards. The approach employed in this study was an analytical one of the Algerian system of accounting, benchmarking the same against IPSAS 24 with those of the Algerian NCE. The outcome established that the Algerian system was less transparent and financially disclosure-weak because it had stuck to a cash basis as opposed to an accrual basis, hence a deficiency that constrained the production of financial information that is accurate and comprehensive. This study recommends that financial disclosure requirements be improved and accounting systems be updated to meet international standards so that transparency and accountability in the management of public financial resources will increase.
Keywords: transparency budget, transparency finance, normes IPSAS, public financial resources