Contabilidade e regras contábeis na Jordânia

Accounting Rules

Tax Year

The fiscal year begins on January 1 and ends on December 31 of the same year.

Accounting Standards

There are no particular accounting standards. The standards must conform to recognized international principles of accounting and audit .

Accounting Regulation Bodies

JSC

Accounting Reports

Every company must keep a book of accounts, a stock inventory and a register of commercial correspondence. These documents must be kept in Jordan and be written in Arabic or in English.

Publication Requirements

The banking sector is obliged to publish its accounts.

Professional Accountancy Bodies

Arab Society of Certified Accountants
Jordanian Association of Certified Public Accountants

Certification and Auditing

The certification and the control of accounts in Jordan refer to the recommendations from the "Jordanian Association of Certified Public Accountants" which adopted, on January 1st 1980, the standards of the IFRS. Only the auditors who have received this certification are authorized to validate annual reports: Deloitte, Ernst & Young and PricewaterhouseCoopers.

Accounting News