Regulatory Alerts2017-05-11
Instructions on Disclosure, Accounting and Auditing Standards for Issuing Companies
The Securities Commission of Jordan issued these instructions to standardize financial reporting and auditing obligations for all issuing companies. The regulations mandate the timely publication of preliminary, semi-annual, and annual financial statements alongside detailed disclosures of material facts, insider holdings, and related-party transactions. Companies must establish an independent Auditing Committee, adopt international accounting and auditing standards, and ensure their external auditors meet specific licensing criteria.
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