Financial Disclosure as an Approach to Evaluating the Financial Performance of the Economic Corporation Case study: Hodna milk in M’sila during the period 2015-2017

Abstract

The objective of this study is to highlight the extent to which financial disclosure contributes to the assessment of financial performance of economic institutions. The subject of disclosure has occupied an important position in domestic and international economic legislation as a means of transparency that characterized economic activity. The study dealt with some international accounting norms, which stipulates the definition of how the presentation of data in the financial statements and the extent of detail required in order to ensure giving  a picture to economic clients about the financial position of the institution, By relying on the disclosure advantages of the financial accounting system in the financial statements, we evaluated the financial performance of Hodna milk, and found that the financial position of this institution is unstable in the years under study