Difficulties face jordanian companies in implementing of international accounting standard no (38)‎

الملخص EN

This study aims at investigating the main obstacles, challenges and difficulties that face Jordanian companies in implementing the International Accounting Standard (IAS) 38, intangible assets, and limit its implementation.

A questionnaire was developed its dependent on the related studies, and the ISA 38 to suit the objective of the study.

Section one of the questionnaire consists of a set of personal questions, the second section consists of the most popular and important obstacles, challenges, problems, and difficulties that face implementing the IAS 38.

The questionnaire was distributed to all (90) Jordanian companies listed in Amman stock market for the year 2007, the returned and suitable responses came from (61) companies.

There are several obstacles and difficulties which can be classified as administrative and legal obstacles to implement IAS 38 in Jordanian companies, these obstacles and difficulties are considered as important obstacles in implementing the Standard from the point of view Jordanian companies.

The study recommended that the concerned institutions should provide general and periodical training on the Implementation of IAS 38 in particular and international standards in general, and more attention should be given to the international accounting standards in academic teaching in universities in Jordan.