The purpose of this paper is to investigate the impact of internet on corporate
financial reporting in Egyptian companies. The paper used the issues and concerns
elicited through a Delphi study into the future of corporate financial reporting by 2010
as a conceptual framework for this investigation. The survey was utilized to obtain the
perceptions of a sample represent the widest possible range of constituencies involved
in corporate financial reporting; academics, auditors, financial managers and financial
analysts. The results showed that Egyptian experts believe that using the internet will
not lead to intuitive differences in financial reporting, and the basic developments in
IFR are providing information under multiple bases and more frequency reports. Also,
they think that traditional annual reports will be continued. This paper extends the
controversial debate about IFR into developing country Egypt. |
