The application of fair value accounting in the Jordanian accounting environment

Abstract

This study aims to determine the application of fair value accounting in the Jordanian accounting environment.

The study concluded that institutions in the Jordanian economy use the fair value of accounting measurement and disclosure and have an important role in the adoption of the financial accounting system to calculate the fair value of accounting measurement as well as disclosure below.

Furthermore, the application of fair value accounting has a positive impact on the quality of accounting information by maximizing the qualitative characteristics of this information.

Obstacles and challenges were also found to make the Jordanian accounting environment suitable for the application of fair value.