DOI: https://doi.org/10.36719/2706-6185/57/92-107
Amira Chaibeddra
University of Jijel (Algeria)
https://orcid.org/0009-0004-7486-1126
amira.chaibdraa@univ-jijel.dz
Challenges and Prospects of Implementing International Financial
Reporting Standards (IFRS) in Algeria Amid Digital Transformation: An Empirical Study
Abstract
This study explores the challenges and prospects of adopting IFRS in Algeria, focusing on how digital transformation can enhance compliance and financial reporting transparency. Using a descriptive-analytical methodsupported by anapplied study, the research finds that although IFRS improves transparency, its application in Algeria is hindered by weak legislation, a shortage of skilled professionals, and poor technological infrastructure. However, digital transformation offers a strategic solution through modernized accounting, automation, and advanced technologies like AI. The study recommends updating regulations, improving training, accelerating digital infrastructure, and boosting international cooperation to facilitate IFRS adoption and integrate Algeria into the global financial reporting system.
Keywords: Algeria, International Financial Reporting Standards (IFRS), digital transformation, financial transparency