Auditing in Emerging Economies: A Comparative Study of Algeria and BRICS Nations for Regulatory Alignment

Ayachi Yousra; Rima Dafri

Makale detayları

Auditing in Emerging Economies: A Comparative Study of Algeria and BRICS Nations for Regulatory Alignment

Yazarlar:

Ayachi Yousra | Rima Dafri

Yayıncı:

Selcuk University

Ana Başlıklar:

Adli Muhasebe | Finansal Muhasebe | Muhasebe Teorisi ve Standartları | Sürdürülebilirlik Muhasebesi ve Raporlama

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi Vol.27 Issue 2, pp.513-533

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332231

pISSN:

2564-7458

Anahtar kelimeler:

Özet:

 Purpose: This study aims to identify necessary reforms in Algerias auditing profession to facilitate its potential integration into the BRICS alliance. It seeks to compare Algerias auditing landscape with that of BRICS countries, addressing the question: What improvements should Algeria introduce to its auditing profession in its bid to join BRICS? Importancevalue: This research provides a novel comparative analysis of Algerias auditing profession in the context of BRICS countries, offering specific recommendations for regulatory and professional development. The findings contribute to the understanding of auditing practices in emerging economies and provide a roadmap for Algeria to enhance its auditing profession, thereby increasing its attractiveness for foreign investment and improving its prospects for BRICS integration. Future research could explore the implementation challenges of these recommendations and their impact on Algerias economic integration with BRICS nations. Methodologyapproach: The research employs institutional theory and regulatory methods proposed by Bédard et al. 2002 as a theoretical framework. It utilizes content analysis of IFAC sources, literature review, and examination of Algerian regulations published in The Official Law Journals. A comparative, analytical approach is applied to assess the auditing systems across BRICS nations and Algeria. Findings: The study reveals significant disparities between Algerias auditing profession and those of BRICS countries. While BRICS nations have adopted International Standards on Auditing ISAs and actively engage in global collaborations, Algerias auditing standards are not mandatory and lack a comprehensive conceptual framework. Key areas for improvement include enhancing the role of supervisory bodies, mandating the application of Algerian Standards on Auditing, prioritizing ongoing auditor training, and fostering openness to international audit firms. Result: BRICS countries have advanced regulatory frameworks, mandatory adoption of ISAs, and strong international collaborations, while Algeria lags with voluntary standards, and limited training, Additionally, restrictions on international audit firms and weaker auditor accreditation further hinder Algerias alignment with global best practices.

 Purpose: This study aims to identify necessary reforms in Algerias auditing profession to facilitate its potential integration into the BRICS alliance. It seeks to compare Algerias auditing landscape with that of BRICS countries, addressing the question: What improvements should Algeria introduce to its auditing profession in its bid to join BRICS? Importancevalue: This research provides a novel comparative analysis of Algerias auditing profession in the context of BRICS countries, offering specific recommendations for regulatory and professional development. The findings contribute to the understanding of auditing practices in emerging economies and provide a roadmap for Algeria to enhance its auditing profession, thereby increasing its attractiveness for foreign investment and improving its prospects for BRICS integration. Future research could explore the implementation challenges of these recommendations and their impact on Algerias economic integration with BRICS nations. Methodologyapproach: The research employs institutional theory and regulatory methods proposed by Bédard et al. 2002 as a theoretical framework. It utilizes content analysis of IFAC sources, literature review, and examination of Algerian regulations published in The Official Law Journals. A comparative, analytical approach is applied to assess the auditing systems across BRICS nations and Algeria. Findings: The study reveals significant disparities between Algerias auditing profession and those of BRICS countries. While BRICS nations have adopted International Standards on Auditing ISAs and actively engage in global collaborations, Algerias auditing standards are not mandatory and lack a comprehensive conceptual framework. Key areas for improvement include enhancing the role of supervisory bodies, mandating the application of Algerian Standards on Auditing, prioritizing ongoing auditor training, and fostering openness to international audit firms. Result: BRICS countries have advanced regulatory frameworks, mandatory adoption of ISAs, and strong international collaborations, while Algeria lags with voluntary standards, and limited training, Additionally, restrictions on international audit firms and weaker auditor accreditation further hinder Algerias alignment with global best practices.

 Purpose: This study aims to identify necessary reforms in Algerias auditing profession to facilitate its potential integration into the BRICS alliance. It seeks to compare Algerias auditing landscape with that of BRICS countries, addressing the question: What improvements should Algeria introduce to its auditing profession in its bid to join BRICS? Importancevalue: This research provides a novel comparative analysis of Algerias auditing profession in the context of BRICS countries, offering specific recommendations for regulatory and professional development. The findings contribute to the understanding of auditing practices in emerging economies and provide a roadmap for Algeria to enhance its auditing profession, thereby increasing its attractiveness for foreign investment and improving its prospects for BRICS integration. Future research could explore the implementation challenges of these recommendations and their impact on Algerias economic integration with BRICS nations. Methodologyapproach: The research employs institutional theory and regulatory methods proposed by Bédard et al. 2002 as a theoretical framework. It utilizes content analysis of IFAC sources, literature review, and examination of Algerian regulations published in The Official Law Journals. A comparative, analytical approach is applied to assess the auditing systems across BRICS nations and Algeria. Findings: The study reveals significant disparities between Algerias auditing profession and those of BRICS countries. While BRICS nations have adopted International Standards on Auditing ISAs and actively engage in global collaborations, Algerias auditing standards are not mandatory and lack a comprehensive conceptual framework. Key areas for improvement include enhancing the role of supervisory bodies, mandating the application of Algerian Standards on Auditing, prioritizing ongoing auditor training, and fostering openness to international audit firms. Result: BRICS countries have advanced regulatory frameworks, mandatory adoption of ISAs, and strong international collaborations, while Algeria lags with voluntary standards, and limited training, Additionally, restrictions on international audit firms and weaker auditor accreditation further hinder Algerias alignment with global best practices.

 Amaç: Bu çalışma, Cezayirde denetim mesleğine ilişkin gerekli reformları belirleyerek Cezayirin BRICS ittifakına potansiyel entegrasyonunu kolaylaştırmayı hedeflemektedir. Cezayirin denetim yapısını BRICS ülkeleriyle karşılaştırarak şu soruyu ele almaktadır: Cezayir, BRICSe katılma yolunda denetim mesleğinde hangi iyileştirmeleri yapmalıdır? ÖnemiDeğeri: Bu araştırma, BRICS ülkeleri bağlamında Cezayirdeki denetim mesleğine yönelik özgün bir karşılaştırmalı analiz sunarak, düzenleyici ve mesleki gelişim için özel öneriler sağlamaktadır. Bulgular, gelişmekte olan ekonomilerdeki denetim uygulamalarının anlaşılmasına katkı sunmakta ve Cezayirde denetim mesleğinin iyileştirilmesi için bir yol haritası sağlamaktadır; böylece yabancı yatırımlar için Cezayirin çekiciliğini artırmakta ve BRICSe entegrasyon olasılıklarını iyileştirmektedir. Gelecekteki araştırmalar, bu önerilerin uygulanmasıyla ilgili zorlukları ve Cezayirin BRICS ülkeleri ile ekonomik entegrasyonuna etkisini inceleyebilir. MetodolojiYaklaşım: Araştırma, teorik çerçeve olarak Bédard ve diğerleri 2002 tarafından önerilen kurumsal teori ve düzenleyici yöntemleri kullanmaktadır. Araştırma; IFAC kaynaklarının içerik analizi, literatür taraması ve Cezayirin Resmi Gazetesinde yayınlanan düzenlemelerin incelenmesi yoluyla yürütülmüştür. BRICS ülkeleri ile Cezayirin denetim sistemlerini değerlendirmek için karşılaştırmalı, analitik bir yaklaşım uygulanmıştır. Bulgular: Çalışma, Cezayirin denetim mesleği ile BRICS ülkeleri arasında önemli farklılıklar olduğunu ortaya koymaktadır. BRICS ülkeleri, Uluslararası Denetim Standartlarını ISA benimsemiştir ve bu durum küresel iş birliklerinde aktif rol oynamaktadır. Cezayirde ise denetim standartları zorunlu olmayıp kapsamlı bir kavramsal çerçeveye sahip değildir. İyileştirme gerektiren başlıca alanlar, denetim gözetim organlarının rolünün güçlendirilmesi, Cezayir Denetim Standartlarının uygulanmasının zorunlu hale getirilmesi, denetçilerin sürekli eğitiminin önceliklendirilmesi ve uluslararası denetim firmalarına açıklığın teşvik edilmesidir. Sonuç: BRICS ülkeleri gelişmiş düzenleyici çerçevelere, ISAların zorunlu olarak benimsenmesine ve güçlü uluslararası iş birliklerine sahipken, Cezayir gönüllülüğe dayanan standartlar, sınırlı eğitim, uluslararası denetim firmalarına getirilen kısıtlamalar ve daha zayıf denetçi akreditasyonu ile en iyi küresel uygulamalarla uyum konusunda geride kalmaktadır.

Makale detayları

Auditing in Emerging Economies: A Comparative Study of Algeria and BRICS Nations for Regulatory Alignment

Yazarlar:

Ayachi Yousra | Rima Dafri

Yayıncı:

Selcuk University

Ana Başlıklar:

Adli Muhasebe | Finansal Muhasebe | Muhasebe Teorisi ve Standartları | Sürdürülebilirlik Muhasebesi ve Raporlama

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi Vol.27 Issue 2, pp.513-533

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332231

pISSN:

2564-7458

Auditing Profession

Regulatory Reforms

Audit Oversight.

Institutional Theory

BRICSDenetim Mesleği

BRICS

Düzenleyici Reformlar

Kurumsal Teori

Denetim Gözetimi.

Sayı

Makale detayları

Yazarlar: Ayachi Yousra | Rima Dafri

Yayıncı: Selcuk University

Ana Başlıklar: Adli Muhasebe | Finansal Muhasebe | Muhasebe Teorisi ve Standartları | Sürdürülebilirlik Muhasebesi ve Raporlama

Dergi: Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi Vol.27 Issue 2, pp.513-533

Belge Tipi: Makale

Yayın Tarihi: 11/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001332231

pISSN: 2564-7458

Sayı

Yazarlar:

Ayachi Yousra | Rima Dafri

Yayıncı:

Selcuk University

Ana Başlıklar:

Adli Muhasebe | Finansal Muhasebe | Muhasebe Teorisi ve Standartları | Sürdürülebilirlik Muhasebesi ve Raporlama

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi Vol.27 Issue 2, pp.513-533

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332231

pISSN:

2564-7458