Preliminary insights into the adoption of IFRS for SME by Muslim entrepreneurs - Algeria as a model –

Abstract

The local cultural environment is positively linked to the success of Muslim entrepreneurs, The current study aims to address in depth the financial reporting standards of SMEs from the perspective of Islamic entrepreneurship, through two main components, In its theoretical part, an overview was given of those norms as well as the characteristics of Muslim entrepreneurs; On its practical side, we have studied the factors linking successful Muslim entrepreneurs to their adoption of standards, by identifying a group of entrepreneurs and some financial managers, as well as accountants of SMEs in Algeria, Most notably, that companies continue to disclose information according to their cultural background, Also, entrepreneurs who are most committed to Islam place relatively greater importance on the values that enable them to avoid uncertainty, which is the same thing as standards.