Improving the Quality of Accounting and Financial Information as a Prerequisite for Morocco to Converge towards the International Accounting Framework

The present theme is part of the project of convergence of national accounting standards to international accounting standards IAS and IFRS. If the accounting and legal prerequisites implemented to date aim at the development of better accounting and financial information for investors, they must be reviewed by the public authorities, especially the part of accounting law, General Code of Accounting Standardization (CGNC), and Law No.9-88 relating to the accounting obligations of merchants with a view to their standardization and harmonization with international standards (accounting standards). This accounting convergence made necessary by globalization must be carried out at a sustained pace under a technical aspect by the participation of accounting and economic professionals and a political aspect with the unconditional support of the public authorities while drawing inspiration from foreign experiences, including that of France. The present work has as a principal objective, the choice of Morocco to follow the procedure of convergence toward the international accounting benchmark while getting inspired by the experience of other countries notably France.