DOI: 10.36347/sjebm.2016.v03i11.007

Pages: 628-636

The reliable financial information plays an important role in the decision-making process and economic development. This study aims to shed light on the impact of economic factors on the development of accounting practice in Sudan. The data has been collected through a well-structured questionnaire that designed and distributed to a randomly chosen sample of who working in accounting & auditing field. Descriptive and inferential statistics were used to generalize the results and conclude the findings: There is a role of accounting information in achieving the economic development and economic growth, however, the contribution of the accounting profession toward the development in Sudan depend on advanced accounting and removing barriers (inflation, financial crisis, country intervention & Economic instability) that faced the accounting practice in the Sudanese environment. Also, the study found that there is a positive relationship between economic progress and the development of the accounting profession especially when there is an economic instability.