A Proposed Hybrid Model Integrating (AHP & ANP) to Assess the Readiness of Accounting Infrastructure in Libyan Commercial Banks for IFRS‑9 Implementation

Abstract

This study proposes a hybrid decision-making model integrating the Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP) to assess the readiness of the accounting infrastructure of Libyan commercial banks for IFRS 9 implementation. The model considers both hierarchical criteria and interdependencies among five key dimensions: technological, legislative and regulatory, human, organizational, and disclosure, alongside three readiness alternatives (low, moderate, high). Based on the input of 20 experts, supported by dialogue workshops to clarify the questionnaire, pairwise comparisons and limit matrix analysis were conducted using Super Decisions software. Results indicate that Libyan banks exhibit relatively low readiness, with legislative and regulatory infrastructure exerting the strongest influence, followed by organizational and disclosure dimensions. The study recommends strengthening regulatory frameworks, enhancing governance and risk management, improving transparency, investing in human capital, and adopting a phased roadmap for IFRS 9 implementation with support from consulting expertise.