THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)

Accounting standards have risen globally with an occupied exhibit of confident value to their prediction, they give an early pattern for future globally regulated and enforced standards. global-standard contemplate as the base management for accounting that is shaped by a collection of legal princ...

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Main Author: OMAR ALHATO
Format: Article
Language:English
Published: Academica Brâncuşi 2023-06-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2023-03/11_Alhato.pdf
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author OMAR ALHATO
author_facet OMAR ALHATO
author_sort OMAR ALHATO
collection DOAJ
description Accounting standards have risen globally with an occupied exhibit of confident value to their prediction, they give an early pattern for future globally regulated and enforced standards. global-standard contemplate as the base management for accounting that is shaped by a collection of legal principles. The reasonable elements of I.F.R.S for firms sectors in Jordan expose a complication with approval to of the obstruction of these standards and frequent changes made by the makers of these standards. The crucial aim of the paper is to arrange the gains and obstacles for the change of International-Financial-Reporting-Standards (I.F.R.S) in developing states (case of Jordan). The procedure of the study is investigative research for existing accounting literature review in developing countries. In this present, we draft this research at a point in which we flexibly character the interest of using International Standards for financial reporting and its challenges. Also, Additionally, this paper will add and make expected benefits for scholastics, writers, and firms segments in general; in the insight to propose authoritative details in observation to the raise for appreciative the international accounting standards in the Middle East, case of Jordan.
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spelling doaj.art-4744258970144c8d93e6ae4846dc042b2023-11-03T07:25:49ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072023-06-01398102THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)OMAR ALHATO0PH.D. STUDENT, UNIVERSITY DECEMBER 1, 1918 OF ALBA IULIA, ROMANIA DOCTORAL SCHOOL, FACULTY OF ECONOMIC SCIENCES Accounting standards have risen globally with an occupied exhibit of confident value to their prediction, they give an early pattern for future globally regulated and enforced standards. global-standard contemplate as the base management for accounting that is shaped by a collection of legal principles. The reasonable elements of I.F.R.S for firms sectors in Jordan expose a complication with approval to of the obstruction of these standards and frequent changes made by the makers of these standards. The crucial aim of the paper is to arrange the gains and obstacles for the change of International-Financial-Reporting-Standards (I.F.R.S) in developing states (case of Jordan). The procedure of the study is investigative research for existing accounting literature review in developing countries. In this present, we draft this research at a point in which we flexibly character the interest of using International Standards for financial reporting and its challenges. Also, Additionally, this paper will add and make expected benefits for scholastics, writers, and firms segments in general; in the insight to propose authoritative details in observation to the raise for appreciative the international accounting standards in the Middle East, case of Jordan. https://www.utgjiu.ro/revista/ec/pdf/2023-03/11_Alhato.pdf: international financial reporting standards (ifrs)benefitschallengesjordandeveloping countries.
spellingShingle OMAR ALHATO
THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
: international financial reporting standards (ifrs)
benefits
challenges
jordan
developing countries.
title THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
title_full THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
title_fullStr THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
title_full_unstemmed THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
title_short THE EXPECTED BENEFITS AND CHALLENGES OF THE INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) TRANSITION IN DEVELOPING COUNTRIES (CASE OF JORDAN)
title_sort expected benefits and challenges of the international financial reporting standard ifrs transition in developing countries case of jordan
topic : international financial reporting standards (ifrs)
benefits
challenges
jordan
developing countries.
url https://www.utgjiu.ro/revista/ec/pdf/2023-03/11_Alhato.pdf
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