The reality of the Angolan accounting regulation and financial reporting system

• Autor(a) principal: Santos, Tânia Gonçalves dos
• Data de Publicação: 2018
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10362/37608
• topic: Financial reporting; Accounting system; Continental European system; Angola.; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

This Work Project depicts the reality of accounting regulation and financial reporting in Angola by describing the accounting system through an analysis of characteristics for international comparison and thereafter classifying it comparably to worldwide accounting systems. Based on seven unstructured interviews and the case study research methodology, the findings suggest that the accounting system is heavily state-regulated and influenced, although a shift toward an economic needs based system is emerging. At this point, Angola’s accounting system is classified as a Continental European System per Nobes and Parkers (2008) two-group classification.