Obstacles and challenges the application of fair value in the Algerian accounting environment

Abstract

The study aimed at identifying the obstacles and challenges of applying the fair value in the Algerian accounting environment from the point of view of academics and professionals. The descriptive approach was applied in the theoretical part. Whereas, the inductive method has been used in the applied portion. A questionnaire was applied for a sample of 106 individuals including academics and professionals using statistical software SPSS v25. A number of statistical methods were used, such as descriptive statistics and explanatory statistics. The study found that there are four main obstacles in applying the fair value; which are economic, legal, cultural and professional obstacles.