IDEAS home Printed from https://ideas.repec.org/a/ath/journl/tome21y2011(vi)i6(21)p81-91.html
   My bibliography  Save this article

Financial Reporting Timeliness In Egypt: A Study Of The Legal Framework And Accounting Standards

Author

Listed:
  • Younes H. AKLE

    (The University of Helwan , Cairo)

Abstract

The objective of the study is to present an analysis of the legal framework surrounding the Financial Reporting Timeliness in Egypt,and the problems faced by the Financial Reporting Timeliness. The basic Company Law of 1981 and the Capital Market Law of 1992 mainly govern the legal framework of Financial Reporting Timeliness practice in Egypt. Furthermore, the Public Authority of capital market board decision of 2002 and the investment ministerial decision of 2006 have had considerable impact and influence on the practice of Financial Reporting Timeliness in Egypt. The combined set of legislative represents the legal framework for Financial Reporting Timeliness in Egypt Based upon the results of study, the researcher recommends with the modification of the Egyptian company law, to use in the companies listed on Egyptian stock exchange by disclosure about their financial reporting during 3 months from the end of financial year instead of 6 months in order to provide the suitable timeliness.

Suggested Citation

  • Younes H. AKLE, 2011. "Financial Reporting Timeliness In Egypt: A Study Of The Legal Framework And Accounting Standards," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 1(6(21)), pages 81-91, March.
    • Handle: RePEc:ath:journl:tome:21:y:2011(vi):i:6(21):p:81-91
    as

    Download full text from publisher

    File URL: http://aimr.univath.ro/archive/atharticles/2011-1/2011-1-5.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Financial reporting; Egyptian Accounting standards; legal framework.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ath:journl:tome:21:y:2011(vi):i:6(21):p:81-91. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cosmin Catalin Olteanu and Emilia Vasile (email available below). General contact details of provider: https://edirc.repec.org/data/feathro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.