Abstract: The aim of this paper is to trace the historical
development of the accounting profession in Libya, in order to
identify challenges facing the profession as the country moves from a
closed to emerging economy. The study is based on a literature
review and archival research. Accounting information has a vital role
to play in the achievement of economic goals in developing and
emerging economies, but a well qualified accounting profession is
required. In the context of institutional instability and unique cultural
factors, the accounting profession in Libya faces educational and
legal challenges if it is to achieve its potential in assisting the country
to reach its economic goals. This study focuses on one country,
which does limit its generalisability. However, it also suggests
fruitful research areas in considering the impact and challenge of
historic factors on the accounting profession in emerging economies.
Centrally planned economies require a body of well trained
professional accountants if they are to emerge onto the global
economic arena. Studies on the accounting profession have focused
primarily on those in developed economies, where the need for
meaningful accounting information for decision making is taken for
granted and there is a well trained, professional workforce. This study
of the profession in an emerging economy highlights the efforts that
will be needed to ensure the contribution of the profession to the
economic wellbeing of other emerging economies.
Abstract: Saudi Arabia in recent years has seen drastic increase
in traffic related crashes. With population of over 29 million, Saudi
Arabia is considered as a fast growing and emerging economy. The
rapid population increase and economic growth has resulted in rapid
expansion of transportation infrastructure, which has led to increase
in road crashes. Saudi Ministry of Interior reported more than 7,000
people killed and 68,000 injured in 2011 ranking Saudi Arabia to be
one of the worst worldwide in traffic safety. The traffic safety issues
in the country also result in distress to road users and cause and
economic loss exceeding 3.7 billion Euros annually. Keeping this in
view, the researchers in Saudi Arabia are investigating ways to
improve traffic safety conditions in the country. This paper presents a
multilevel approach to collect traffic safety related data required to do
traffic safety studies in the region. Two highway corridors including
King Fahd Highway 39 kilometre and Gulf Cooperation Council
Highway 42 kilometre long connecting the cities of Dammam and
Khobar were selected as a study area. Traffic data collected included
traffic counts, crash data, travel time data, and speed data. The
collected data was analysed using geographic information system to
evaluate any correlation. Further research is needed to investigate the
effectiveness of traffic safety related data when collected in a
concerted effort.