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Journal of Human Development and Education for Specialized Research

About the Journal :

The Journal of Human Development and Education for Specialized Research is an academic journal issued by the Malaysian Institute of Science and Development. The aim of this journal is to disseminate serious studies based on theoretical and field research, and to promote multidisciplinary studies in human development, management and education for specialized research and become a leading journal in human development and education in the world. The Journal also aims at publishing theoretical and applied researches in the fields of human development and education for specialized research such as human resources management, business administration, communication sciences, development studies, economic sciences, education sciences, history, industrial relations, media sciences, psychology, Public administration, religious studies and others.



THE EFFECT OF SEPARATION BETWEEN FINANCIAL AND REAL ECONOMY ON ACCOUNTING DISCLOSURE


The accounting disclosure is influenced by several factors. There are many studies that clarify these factors, but still accounting disclosure exposed to some problems. Hence researcher studies the impact of the separation between the real economy and the financial economy on the accounting disclosure. So she has been collecting data from books and previous studies on accounting disclosure, where she deducted the main factor of them. Where the study shows financial economy is based on the pyramids of debts, this showed the financial position non-real. This is a contrary to the rules and principles of accounting disclosure.
Greece has used its financial derivatives to hide the debts for enter to euro area.
Researcher found the separating economy is the main factor affecting the accounting disclosure so it has to make the real process to link between the real economy and the financial economy to strengthen trust between them in giving of financial data.