The Impact of Adopting IASs on the Jordanian Environment: The Perspective of Accountants, Auditors and Academicians 'An Exploratory Study'

International Conference on Business Globalization: Challenges and Opportunities in the 21st Centry

36 Pages Posted: 19 Nov 2008

See all articles by Malek Alsharairi

Malek Alsharairi

German Jordanian University (GJU)

Riyadh Jasim Al-Abdullah

affiliation not provided to SSRN

Date Written: April 22, 2008

Abstract

Motivated by the perception, or even the mere fact, that accounting is a social science, which is involved in the process of globalization through the issuance of International Accounting Standards (IASs), this study is conducted in order to examine the impact of adopting the IASs on the Jordanian environment through three dimensions, namely, social, economic and political, from the perspective of accountants auditors and academicians. It is found that adopting IASs by Jordan implies social, economic and political impacts, which can be sorted by being based on the magnitude of the population's agreement on them as follows; economic, political, and then the social. It is recommended that the differences between countries have to be considered when setting any standards related to any social science beside examining their appropriateness and impacts before the application. Moreover, the advantage of economic globalization should be carefully handled, since it holds double-sided effects.

Keywords: Accounting Standards, International Standards, IASs, Harmonization, Social Impact, Economic Impact, Political Impact, Economic Globalization

JEL Classification: M41, O19

Suggested Citation

Alsharairi, Malek Ahmad and Al-Abdullah, Riyadh Jasim, The Impact of Adopting IASs on the Jordanian Environment: The Perspective of Accountants, Auditors and Academicians 'An Exploratory Study' (April 22, 2008). International Conference on Business Globalization: Challenges and Opportunities in the 21st Centry. Available at SSRN: https://ssrn.com/abstract=1303862 or http://dx.doi.org/10.2139/ssrn.1303862

Malek Ahmad Alsharairi (Contact Author)

German Jordanian University (GJU) ( email )

P.O. Box 35247
Amman, 11180
Jordan

HOME PAGE: http://www.gju.edu.jo

Riyadh Jasim Al-Abdullah

affiliation not provided to SSRN ( email )

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