Challenges of Implementing Accounting Standards in Small Enterprises "A Field Study on a Group of Small Enterprises in the City of Sirte"

الملخص

This study aimed to analyze the structural impact of challenges hindering the application of accounting standards in Small and Medium Enterprises (SMEs) in the city of Sirte, Libya, and to prioritize them according to their degree of influence. To achieve this objective, the study employed a descriptive-analytical approach with a correlational focus. Data were collected via a questionnaire distributed to a random sample of 80 SME owners and financial managers, and were analyzed using Multiple Regression Analysis. The statistical analysis revealed a hierarchical impact of the challenges. Financial challenges ranked first as the most significant obstacle, followed by cognitive challenges in second place, and technical challenges in third. Conversely, the model did not find a statistically significant impact for administrative and regulatory challenges. Based on this structural ranking, the study provides targeted recommendations to governmental bodies to offer financial support and improve technological infrastructure, and to professional accounting bodies to intensify training and awareness programs, aiming to directly address the most critical obstacles.