Arabic Translation of IFRS Released

AMMAN---July 26, 2011--- The International Financial Reporting Standards (IFRS) Foundation announced posting the Arabic-language version of a book containing IFRSs and IFRSs for SMEs, translated by the Arab Society of Certified Accountants (ASCA/Jordan), on the International Accounting Standards Board (IASB) website with a view to marketing the book electronically.

This translation can be accessed via the official website: http://eifrs.ifrs.org/eifrs/PDFArchive.

It is a result of efforts exerted by ASCA/Jordan to provide high-quality professional services to members, researchers, academics and those working in various accounting fields at all local, Arab and international levels.

The scope of this project includes all Arab countries, members, subscribers and interested parties from the IASB around the world. It will also cover all editions of international standards starting from the 2010 edition. The project will be renewed on an annual basis.

ASCA/Jordan continuously seeks to develop accounting and management sciences, as well as all related principles applicable to professional services. ASCA/Jordan also strives to improve competence and practice [modes of operation?] and strengthen the code of ethics in accordance with the highest professional standards through the issuance of accounting publications and following up on the recent developments in accounting and auditing.