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Financial Reporting Framework in Algeria

Algeria does not have a stock exchange.

All business enterprises, public enterprises, quasi-public enterprises, cooperatives, and other ongoing commercial entities are required to prepare financial statements in accordance with Algerian accounting standards, with the exception of very small enterprises for which a simplified set of standards has been developed.

Algerian accounting standards (the Plan Comptable National, or PCN) are established by the Conseil National de la Comptabilite within the Ministry of Finance. In July 2006 the Ministry of Finance adopted a programme to revise the PCN based substantially on IFRSs, effective 1 January 2010. Click for Ministry of Finance Accounting Plan (PDF 557k). Companies currently prepare accounts using a statutory format published in 1975.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.