• Register
Return to: Home > News > Standards > Jordan to adopt IPSAS

Jordan to adopt IPSAS

Jordan's government has passed a law for the implementation of International Public Sector Accounting Standards (IPSAS), according to local media.

Jordan Finance Ministry Secretary general Ezzeddine Kanakrieh told state owned news agency Petra that his ministry prepared a gradual action plan for applying IPSAS. He said the decision aimed at boosting transparency in government financial accounts and simplify the process of decision making in the use of financial resources.

Jordan is the latest Middle Eastern country to commit to IPSAS adoption. Other countries in the region which have adopted or are looking to adopt either cash based IPSAS or accrual based IPSAS are: Lebanon, Kuwait, Saudi Arabia, Israel, United Arab Emirates and Yemen, as well as the Palestinian Authority.

Top Content

    Accountancy Europe: the winner takes it all

    Jonathan Minter spoke to Olivier Boutellis-Taft, chief executive officer at Accountancy Europe, about how technology could change the industry, and how training needs to keep up to enable the profession to develop

    read more

    Embracing global technology trends

    Accountancy Europe’s Digital Day 2018 found the European accounting profession looking to tackle the challenges presented by new technologies head on. Jonathan Minter reports from the day

    read more

    IMA Conference: automation of the audit

    At the annual conference of the Institute of Management Accountants (IMA) in Indianapolis, Deloitte partner Alex Smith gave a presentation on digital transformation in the profession. Joe Pickard spoke to Smith following the presentation to find out more about his views on the future of audit

    read more

    IMA Conference: technology and the human effect

    The annual conference of the Institute of Management Accountants (IMA) took place in Indianapolis this year. Members of the profession gathered to hear the latest from the institute and other market players, covering some of the challenges and opportunities the profession faces.

    read more

    The Caribbean: a digital paradise

    The ICAC hosted its 36th annual conference in June this year – very much looking to the future following a tough 2017 for the Caribbean. Jonathan Minter spoke with chief executive officer Misha Lobban Clarke

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.