Extent of the Availability of Applying Responsibility Accounting System Elements in Libyan Commercial Banks

(Jumhouria Bank - Case Study)

Abstract

The study aimed to identify the extent to which the elements of applying responsibility accounting system in commercial banks working in Libya are available  through identifying the views of a sample of employees working in Jumhouryia bank in the western region of Libya; by responding to an adopted questionnaire consisted of five parts representing the elements of the responsibility accounting system. The Social Sciences Statistical Package (SPSS) was used to perform statistical tests, and central tendency measures (mean, standard deviation, and proportional weight) and to analyse the data. The results of the study revealed that Jumhouryia bank does not have the necessary integrated elements to implement the responsibility accounting system.

Key words: Elements of responsibility accounting system, Responsibility accounting, Libyan commercial banks, Jumhouryia bank.