The extent to which electronic accounting disclosure affects the quality of information in financial reports, from the perspective of financial professionals working in Libyan commercial banks in Tripoli.

Abstract

This study aims to identify the impact of the electronic accounting disclosure on the quality of information (reliability and relevance) contained in financial reports from the perspective of financial professionals working in Libyan commercial banks, and to achieve the objectives of the study a questionnaire was distributed to the population of the study, a random sample of 76 financial employees working in Libyan commercial banks in the city of Tripoli was selected. The study applied descriptive analyzed approach. The study was used SPSS program for data analysis, and it was used; the descriptive analysis, one sample test, t- test of two independent samples and simple regression to achieve the hypotheses of the study. The results of the study indicated that electronic accounting disclosure provides information faster to users, it helps them verify the accuracy of the information, it reduces risks, it provides them with a comparative advantage, and it helps users make appropriate. The results indicated that the electronic accounting disclosure has a statistically significant impact on the quality of information (reliability and relevance) contained in financial reports in Libyan commercial banks, and it also found that there are no statistically significant differences between public and private Libyan commercial banks regarding the impact of the electronic accounting disclosure on the quality information (reliability and relevance) contained in financial reports in Libyan commercial banks. The study recommended the need to pay attention to banks’ websites and work to develop security and safety programs for accounting information.