Effect of Political and Social Context in Libya on Accounting Information System to Meet Development Needs
The aim of this paper is to show how Libya’s legal, economic, political, social, and cultural systems have shaped Libyan development. This will provide a background to develop an understanding of the current role of the accounting information system in Libya and the challenges facing the design of the aeronautical information system to meet the development needs of Libya. Our knowledge of the unified economic operating systems of the world paves the way for the economic development of every developing country. In order to achieve this understanding, every developing country should be provided with a high-efficiency communications system in order to be able to interact globally. From the point of view of the theory of globalization, Libya's understanding of its socio-economic and political systems is vital in order to be able to adopt and apply accounting techniques that will assist in the economic development of Libya.
[1] Agnaia, A. A. (1996). Assessment of management training needs and selection for training: the case of Libyan companies. International Journal of Manpower, 17(3), 31-51.
[2] Agnaia, A. A. (1997). Management Training and Development within Its Environment: The Case of Libyan Industrial Companies. Journal of European Industrial Training, 21(3), 117-123.
[3] Altarhoni, A. (2003). The Factors of Employment in Industrial sector. Journal of Economic Research, 14(1), 137-176.
[4] Altunisik, M. B. (1995). External vs internal debate revisited: The political economy of economic reform policies in Libya (1987-1993). Unpublished PhD, Boston, Boston.
[5] Ayubi, N. (1992). Withered Socialism or Whether Socialism? The Radical Arab States as Populist-Corporatist Regimes. Third World Quarterly, 13(March), 89-107.
[6] Bait El-Mal, A. (2003). Evaluation of Goals and Development Plan in Libya. Journal of Economic Research, 14(1), 208-243.
[7] Bait El-Mal, M., Smith, C. H., & Taylor, M. (1973). The Development of Accounting in Libya. The International Journal of Accounting, Education and Research, 8(2), 83-101.
[8] Bait El-Mal, M. A. (1990). The Significance and Advancement of Accounting Information for Economic Development. Journal of Economic Research, 2(2), 25-36.
[9] Bait El-Mal, M. A. (1990). Survey and Evaluation of the Accounting Principles Applied in Libya. Journal of Economic Research, National Academy of Scientific Research: The Economic Research Centre, Benghazi, 2(1), 14-26.
[10] Bakar, M. (1998). Accounting and the Developments Economic Development of Oil and Gas in Libya. Unpublished PhD, University of Dundee, Scotland, Dundee.
[11] Bakar, M., & Russell, A. (2003). The development of Accounting Education and Practice in Libya. In R. S. O. Wallace, J. M. Samuels, R. J. Briston & S. M. Saudagaran (Eds.), Research in Accounting in Emerging Economies (Vol. 5, pp. 197-236). Oxford: Elsevier Science
[12] Barker, P. (1982). The Development of Libyan Industry in Libya Since Independence: Economic and Political Development. Kent: Croom Helm.
[13] Bengharbia, S. (1989). Auditing and profession ethics in Libya. Journal of Economic Research, National Institute for Scientific Research: The Economic Research Center, Benghazi, 1(1), 117-126.
[14] Brill, M. T. (1988). Libya. Chicago: Children's Press.
[15] Central Bank of Libya. (1971). Economic Bulletin. Tripoli: Central Bank of Libya.
[16] Central Bank of Libya. (1977). Economic Bulletin. Tripoli: Central Bank of Libya.
[17] El-Jehimi, T. (1987). Industry Development in Libya Around the year 2000. In B. Khader & B. EL-Wifati (Eds.), The Economic Development of Libya (pp. 73-80). London: Croom Helm.
[18] El-Sharif, Y. (1978). An empirical investigation of Libyan professional accounting services. Unpublished PhD, University of Missouri, Columbia.
[19] El-Sharif, Y. (1981). The Influence of Legal Environment Upon Accounting in Libya. Dirasat in Economics and Business, 8(2), 36-44.
[20] Gathafi, M. A. (1980). The Green Book. Tripoli: The Green Book World Centre for Research and Study.
[21] Gathafi, M. A. (2003). Recommendations and Comments. Paper presented at the Libyan Economic Forum and The Aversion of Oil Revenues (Future Vision), Sirt; Libya.
[22] Libya State. (2003), Decision of move to privatization, 31.
[23] Higgins, B. (1968). Economic Development: Principles, Problems and Policies (Rev. ed.). London: Constable.
[24] Hofstede, G. (1997). Cultures and Organizations New York: McGRAW-HLL.
[25] Kilani, A. K. (1988). The Evolution and Status of Accounting in Libya. Unpublished PhD, University of Hull, Hull.
[26] Kilani, A. K. (1990). The Link Between Accounting and Economic and Social Development Needs in Developing Countries. Journal of Economic Research, National Academy of Scientific Research: The Economic Research Centre, Benghazi, 2(1), 67-86.
[27] Kilani, A. K. (1998). The Current and The Future of Financial Performance Reports in Libya. Journal of Economic Research, National Academy of Scientific Research: The economic Research Centre, Benghazi, 9(1/2), 203-231.
[28] Knapp, W. (1977). North West Africa: A Political and Economic Survey (3rd ed.). Oxford: Oxford University Press.
[29] Financial System Law Act, (1967).
[30] The Commercial Act, (1970).
[31] The Libyan Income Tax Law, (1973).
[32] The Libyan Income Tax Law Act, 11/2004 (2004).
[33] Libya State. (2006, 17/09/2006). Libyan population Retrieved 17th September 2006, 2006, from http://www.GPC.GOV.LY
[34] Monti-Belkaoui, J., & Riahi-Belkaoui, A. (1996). Qaddafi: the man and his policies. Aldershot; Brookfield: Avebury.
[35] Planning Council. (2000). The Macro Frame of Development Plan. Tripoli: Planning Council.
[36] Secretary of Planning. (1986). The (1981-1985) Economic and Social Transformation Plan. Tripoli: The Secretary of Planning.
[37] Secretary of Planning. (1998). Economic and Social Development Achievements in 28 years. Tripoli: The 0Secretary of Planning.
[38] Selway, M. (2000). Over the hump. Accountancy, 125(1280), 68-69.
[39] Shareia, B., & Buferna, F. (2001). The Effect of Changing in Tax legislation upon Government Revenues and Private Sector Activities Paper presented at the Taxation System in Libya: Evaluation & Improvement Conference Tripoli; Libya
[40] The Economist Intelligence Unit. (1997). Country Profile -Libya. London: The Economist Intelligence Unit.
[41] The Economist Intelligence Unit. (2003). Country Profile -Libya. London: The Economist Intelligence Unit.
[42] Vandewalle, D. (1998). Libya Since Independence: Oil and State-Building. London: Cornell University Press.
[43] World Bank. (1960). The Economic Development of Libya: Report of a Mission Organised by the International Bank for Reconstruction and Development at the Request of the Government of Libya. Baltimore: John Hopkins Press.
[44] Wright, J. (1982). Libya: A Modern History. London Croom Helm.
[45] Saleh, M. M. (2001). Accounting Information Disclosure and Accountability: Cases from Libya PhD Sheffield Hallam University, UK
[46] Saleh, M. M. (2004). "Information Enclosure and Accountability: The Case of a Libyan Company." in Accounting and Accountability in Emerging and Transition Economies. T. Hopper and Z. Hoque. London, Elsevier: 257-274.
[47] Shareia, B., & Irvine, Helen J. (2014), The Impact of Accounting Information in the Libyan Economy: a qualitative case study approach. American International Journal of Contemporary Research, 4(12), pp. 61-81.
[48] Shareia, B. (2006), The Role of Accounting Systems in Decision Making, Planning and Control in a Developing Country: The Case of Libya PhD University of Wollongong, Australia.
[49] The US Library of Congress (1999), History of Libya: Country Studies/Area Handbook by the US Library of Congress.
[50] Bait El-Mal, M. M., Thaw, K., Bozrida, M., Eshtawi, E., Bait El-Mal, M. A., and Badi, M. (1988) A survey and an evaluation of the accounting standards applied in Libya, unpublished study, The Economic Research Centre, Benghazi, Libya.
[51] Ellabbar K. & T.Havard. (2004), The Effects of Absence of Capital Market on Libyan Privatisation Programmes, The Research Institute for the Building and Human Environment University of Salford, Salford.
[52] Masoud N. (2016), The Development of Accounting Regulation in the Libyan Region Countries in Africa. Research Journal of Finance and Accounting, 7 (12) pp 45-54.
[1] Agnaia, A. A. (1996). Assessment of management training needs and selection for training: the case of Libyan companies. International Journal of Manpower, 17(3), 31-51.
[2] Agnaia, A. A. (1997). Management Training and Development within Its Environment: The Case of Libyan Industrial Companies. Journal of European Industrial Training, 21(3), 117-123.
[3] Altarhoni, A. (2003). The Factors of Employment in Industrial sector. Journal of Economic Research, 14(1), 137-176.
[4] Altunisik, M. B. (1995). External vs internal debate revisited: The political economy of economic reform policies in Libya (1987-1993). Unpublished PhD, Boston, Boston.
[5] Ayubi, N. (1992). Withered Socialism or Whether Socialism? The Radical Arab States as Populist-Corporatist Regimes. Third World Quarterly, 13(March), 89-107.
[6] Bait El-Mal, A. (2003). Evaluation of Goals and Development Plan in Libya. Journal of Economic Research, 14(1), 208-243.
[7] Bait El-Mal, M., Smith, C. H., & Taylor, M. (1973). The Development of Accounting in Libya. The International Journal of Accounting, Education and Research, 8(2), 83-101.
[8] Bait El-Mal, M. A. (1990). The Significance and Advancement of Accounting Information for Economic Development. Journal of Economic Research, 2(2), 25-36.
[9] Bait El-Mal, M. A. (1990). Survey and Evaluation of the Accounting Principles Applied in Libya. Journal of Economic Research, National Academy of Scientific Research: The Economic Research Centre, Benghazi, 2(1), 14-26.
[10] Bakar, M. (1998). Accounting and the Developments Economic Development of Oil and Gas in Libya. Unpublished PhD, University of Dundee, Scotland, Dundee.
[11] Bakar, M., & Russell, A. (2003). The development of Accounting Education and Practice in Libya. In R. S. O. Wallace, J. M. Samuels, R. J. Briston & S. M. Saudagaran (Eds.), Research in Accounting in Emerging Economies (Vol. 5, pp. 197-236). Oxford: Elsevier Science
[12] Barker, P. (1982). The Development of Libyan Industry in Libya Since Independence: Economic and Political Development. Kent: Croom Helm.
[13] Bengharbia, S. (1989). Auditing and profession ethics in Libya. Journal of Economic Research, National Institute for Scientific Research: The Economic Research Center, Benghazi, 1(1), 117-126.
[14] Brill, M. T. (1988). Libya. Chicago: Children's Press.
[15] Central Bank of Libya. (1971). Economic Bulletin. Tripoli: Central Bank of Libya.
[16] Central Bank of Libya. (1977). Economic Bulletin. Tripoli: Central Bank of Libya.
[17] El-Jehimi, T. (1987). Industry Development in Libya Around the year 2000. In B. Khader & B. EL-Wifati (Eds.), The Economic Development of Libya (pp. 73-80). London: Croom Helm.
[18] El-Sharif, Y. (1978). An empirical investigation of Libyan professional accounting services. Unpublished PhD, University of Missouri, Columbia.
[19] El-Sharif, Y. (1981). The Influence of Legal Environment Upon Accounting in Libya. Dirasat in Economics and Business, 8(2), 36-44.
[20] Gathafi, M. A. (1980). The Green Book. Tripoli: The Green Book World Centre for Research and Study.
[21] Gathafi, M. A. (2003). Recommendations and Comments. Paper presented at the Libyan Economic Forum and The Aversion of Oil Revenues (Future Vision), Sirt; Libya.
[22] Libya State. (2003), Decision of move to privatization, 31.
[23] Higgins, B. (1968). Economic Development: Principles, Problems and Policies (Rev. ed.). London: Constable.
[24] Hofstede, G. (1997). Cultures and Organizations New York: McGRAW-HLL.
[25] Kilani, A. K. (1988). The Evolution and Status of Accounting in Libya. Unpublished PhD, University of Hull, Hull.
[26] Kilani, A. K. (1990). The Link Between Accounting and Economic and Social Development Needs in Developing Countries. Journal of Economic Research, National Academy of Scientific Research: The Economic Research Centre, Benghazi, 2(1), 67-86.
[27] Kilani, A. K. (1998). The Current and The Future of Financial Performance Reports in Libya. Journal of Economic Research, National Academy of Scientific Research: The economic Research Centre, Benghazi, 9(1/2), 203-231.
[28] Knapp, W. (1977). North West Africa: A Political and Economic Survey (3rd ed.). Oxford: Oxford University Press.
[29] Financial System Law Act, (1967).
[30] The Commercial Act, (1970).
[31] The Libyan Income Tax Law, (1973).
[32] The Libyan Income Tax Law Act, 11/2004 (2004).
[33] Libya State. (2006, 17/09/2006). Libyan population Retrieved 17th September 2006, 2006, from http://www.GPC.GOV.LY
[34] Monti-Belkaoui, J., & Riahi-Belkaoui, A. (1996). Qaddafi: the man and his policies. Aldershot; Brookfield: Avebury.
[35] Planning Council. (2000). The Macro Frame of Development Plan. Tripoli: Planning Council.
[36] Secretary of Planning. (1986). The (1981-1985) Economic and Social Transformation Plan. Tripoli: The Secretary of Planning.
[37] Secretary of Planning. (1998). Economic and Social Development Achievements in 28 years. Tripoli: The 0Secretary of Planning.
[38] Selway, M. (2000). Over the hump. Accountancy, 125(1280), 68-69.
[39] Shareia, B., & Buferna, F. (2001). The Effect of Changing in Tax legislation upon Government Revenues and Private Sector Activities Paper presented at the Taxation System in Libya: Evaluation & Improvement Conference Tripoli; Libya
[40] The Economist Intelligence Unit. (1997). Country Profile -Libya. London: The Economist Intelligence Unit.
[41] The Economist Intelligence Unit. (2003). Country Profile -Libya. London: The Economist Intelligence Unit.
[42] Vandewalle, D. (1998). Libya Since Independence: Oil and State-Building. London: Cornell University Press.
[43] World Bank. (1960). The Economic Development of Libya: Report of a Mission Organised by the International Bank for Reconstruction and Development at the Request of the Government of Libya. Baltimore: John Hopkins Press.
[44] Wright, J. (1982). Libya: A Modern History. London Croom Helm.
[45] Saleh, M. M. (2001). Accounting Information Disclosure and Accountability: Cases from Libya PhD Sheffield Hallam University, UK
[46] Saleh, M. M. (2004). "Information Enclosure and Accountability: The Case of a Libyan Company." in Accounting and Accountability in Emerging and Transition Economies. T. Hopper and Z. Hoque. London, Elsevier: 257-274.
[47] Shareia, B., & Irvine, Helen J. (2014), The Impact of Accounting Information in the Libyan Economy: a qualitative case study approach. American International Journal of Contemporary Research, 4(12), pp. 61-81.
[48] Shareia, B. (2006), The Role of Accounting Systems in Decision Making, Planning and Control in a Developing Country: The Case of Libya PhD University of Wollongong, Australia.
[49] The US Library of Congress (1999), History of Libya: Country Studies/Area Handbook by the US Library of Congress.
[50] Bait El-Mal, M. M., Thaw, K., Bozrida, M., Eshtawi, E., Bait El-Mal, M. A., and Badi, M. (1988) A survey and an evaluation of the accounting standards applied in Libya, unpublished study, The Economic Research Centre, Benghazi, Libya.
[51] Ellabbar K. & T.Havard. (2004), The Effects of Absence of Capital Market on Libyan Privatisation Programmes, The Research Institute for the Building and Human Environment University of Salford, Salford.
[52] Masoud N. (2016), The Development of Accounting Regulation in the Libyan Region Countries in Africa. Research Journal of Finance and Accounting, 7 (12) pp 45-54.
@article{"International Journal of Business, Human and Social Sciences:76958", author = "Bubaker F. Shareia and Almuetaz R. Boubakr", title = "Effect of Political and Social Context in Libya on Accounting Information System to Meet Development Needs", abstract = "The aim of this paper is to show how Libya’s legal, economic, political, social, and cultural systems have shaped Libyan development. This will provide a background to develop an understanding of the current role of the accounting information system in Libya and the challenges facing the design of the aeronautical information system to meet the development needs of Libya. Our knowledge of the unified economic operating systems of the world paves the way for the economic development of every developing country. In order to achieve this understanding, every developing country should be provided with a high-efficiency communications system in order to be able to interact globally. From the point of view of the theory of globalization, Libya's understanding of its socio-economic and political systems is vital in order to be able to adopt and apply accounting techniques that will assist in the economic development of Libya.
", keywords = "Accounting, economic development, globalisation theory, information system.", volume = "11", number = "10", pages = "2560-10", }
