Accounting in the construction and public workssectorbetween the financialaccounting system and international financialreporting standards - a case study of the Injaz All Works company in Jijel -

Abstract

This study aims to know the extent to which the accounting system for construction and public works companies in Algeria keeps pace with developments in the international accounting standards for these companies, whether from the side of legal legislation or from the practical application of this system in insurance companies, especially after the accounting reforms adopted by the Algerian legislator. This study has dealt in the theoretical aspect with some concepts related to construction companies and their accounting system, in addition to generalities about public deals according to the Algerian law. As for the practical side, an applied study was conducted at the level of the Indjaz Company for Building Works in the state of Jijel, through its accounting documents for the year 2020.

This study reached a set of results, the most important of which is that the Algerian legal legislation regulating accounting in construction and public works companies does not keep pace with the requirements of the International Financial Reporting Standard IFRS15, and there is no compatibility between the accounting treatments carried out by the Indjaz Construction Company and the international financial reporting standard IFRS15.