Evaluation of the Application of Tourism Accounting under International Accounting Standards: A Case Study of Aurassi Complex, Algeria - 2024

Abstract

This study aimed to evaluate the extent of compliance of EGH SPA Chaîne El Aurassi with the International Financial Reporting Standards (IFRS), while highlighting the reality of applying these standards within Algerian tourism institutions and identifying the main challenges they face. The study adopted a descriptive and analytical approach through the analysis of the group’s 2024 financial statements, including the balance sheet, income statement, cash flow statement, and key financial ratios related to liquidity, profitability, financial balance, and solvency. The study revealed a partial convergence between the accounting system applied by the group and the international accounting standards, particularly regarding the presentation of financial statements and the preparation of cash flow statements. However, full compliance remains limited due to insufficient financial disclosure, lack of training, and limited technical resources. The findings also showed that the group enjoys a relatively stable financial position and improved profitability and operational performance during 2024. The study recommended strengthening accounting training, modernizing accounting information systems, improving financial disclosure, and enhancing the role of regulatory authorities to support the effective implementation of IFRS in the Algerian tourism sector.