Financial control: The cornerstone of public accounting reform in Algeria in Light of Organic Law 18/15

Authors

  • Bendoukha Mohammed Reda Economic and Local Development Studies Laboratory in the Southwestern Region University of Tahri Mohamed Bechar (Algeria)
  • Boufeldja Kalloum Economic and Local Development Studies Laboratory in the Southwestern Region University of Tahri Mohamed Bechar (Algeria)

Keywords:

Financial control, Public accounting, Financial transparency, Law 18/15, Anti-corruption, Algeria

Abstract

The research aims to study financial control within the framework of public accounting reform in Algeria under Organic Law 18/15. This law highlights the importance of enhancing transparency and integrity in the management of public financial resources and achieving spending efficiency. To achieve this goal, the study follows an analytical methodology based on reviewing national and international legislation and assessing its compliance with international accounting standards. The results showed that Organic Law 18/15 provides a comprehensive framework for strengthening financial control, setting clear principles and standards for financial and accounting compliance. There has been a notable improvement in transparency, governance, and anti-corruption indicators according to local and international reports, reflecting the Algerian government's efforts to enhance financial control. However, these efforts face challenges such as a lack of specialized human resources and technology, and weak coordination among regulatory bodies. The research suggests continuous training, improving technological infrastructure, and updating legislation to enhance the effectiveness of financial control.

References

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Published

2024-07-28

How to Cite

Reda, B. M., & Kalloum, B. (2024). Financial control: The cornerstone of public accounting reform in Algeria in Light of Organic Law 18/15. International Journal of Economic Perspectives, 18(1), 271–291. Retrieved from http://ijeponline.org/index.php/journal/article/view/560

Issue

Vol. 18 No. 1 (2024)

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2024 Bendoukha Mohammed Reda, Boufeldja Kalloum

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