Examining the Obstacles to Actuarial Accounting Practices and their Effect on Financial Performance of Companies

Abstract

The research aims to identify the obstacles to the application of actuarial accounting and its impact on the financial performance of companies. The problem of the study is that users of financial reports in companies increasingly need appropriate and timely financial reports that have the predictive ability to contribute to rationalizing their decisions. The research was applied to a sample of university lecturers specialized in fields related to accounting. A structural model was formulated and tested using statistical tools such as correlation analysis, regression analysis and structural modeling. The research reached a set of conclusions, the most important of which are: The obstacles to the application of actuarial accounting are distributed in three axes: administrative, human and technical, and directly affect financial performance.