This study aimed to shed light on the dynamics application of accounting standards (IAS/IFRS)\nin measurement with fair value and disclosure in Companies listed on Amman Stock Exchange\n(ASE). The study of population consisted of financial managers amounting (220) manager. A\nquestionnaire was designed and used as a major instrument to collect information. Descriptive\nstudy showed number of findings including: the standards application contribute to creation of\nuniform accounting standards, creation active and semi-active markets, Preparing financial\nstatements with integrated quality characteristics, and it reduce financial crises occurrence and\neconomic risks. In addition, it helps in attracting investments, and it enables local Companies\nto invest in financial markets. In addition, it ensures sufficient disclosure to meet different\nneeds of the beneficiary parties of information, and contributes to improving transparency\nlevel that reflects true economic value of organization. The study provided number of\nrecommendations including, emphasizing the (IAS/IFRS) application importance in\nCompanies listed on (ASE). Qualifying professional accounting staff, and governmental\nagencies that have to support through attracting foreign investment issue laws that encourage\ninvestment. Joint Coordination among Arab countries at Asia Continent level to create an\nactive market in which to fair value can be evaluated.
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