„Janet and JSC Legal Accounting have been managing the books for my moderately complex general legal and business interests for over twenty years. Over these many years, their wisdom, accuracy and diligence have truly stood the test of time. She is a complete professional in every respect. 9. In accordance with the Law of the Jordanian Securities Commission (JSC) (23/1997) and the Guidelines on Reporting, Auditing and Accounting Standards (1/1998), all companies subject to JSC supervision are required to apply International Financial Reporting Standards (IFRS). However, the explanation contained in the guidelines indicates that in the event of a conflict between international standards and local legislation, the latter prevail. The entity shall then disclose this decision and its impact on the financial statements (balance sheet, income statement, cash flow statement, changes in equity, and notes to the financial statements). JSC requires all publicly traded companies to file audited financial statements (within 90 days of year-end) and audited financial statements (within 30 days of mid-year). Jenny has been with JSC Legal Accounting for several years, hoping to continue her accounting education by returning to fiduciary accounting school while working with the company for the foreseeable future. Prior to joining the JSC team, she worked in wineries in the Okanagan sun.
Since company law requires all companies (listed and unlisted) to comply with „internationally accepted accounting principles“, all Jordanian companies apply IFRS. Because IFRS for SMEs is an IFRS, IFRS for SMEs can be applied by any entity that is not regulated by the Jordanian Securities Commission (for which JSC requires full IFRSs). Jordan does not yet require specific adoption of IFRS for SMEs. Terry is new to JSC Legal Accounting. Prior to joining the JSC team, she was a legal assistant for 20 years, choosing a new career path in accounting for law firms. SBC Financial Services includes accounting, financial auditing, tax support and real estate valuation. SBC has extensive experience in auditing local and international companies, including private and listed companies and subsidiaries of multinational organizations registered in Georgia in various sectors such as banking, real estate, manufacturing, retail, energy, accommodation and hospitality, HoReCa, engineering and construction, sales, publishing, advertising, etc. The SBC Financial Services team uses a consistent global audit methodology to perform our clients` audit work, taking into account specific local requirements.
SBC discusses its observations and findings with management during the audit to help the company improve its compliance and performance. Our professionals specialize in specific sectors and industries to better understand the challenges clients may face. The audit process is flexible, allowing our professionals to tailor their audit approach to clients` specific needs and circumstances. SBC specializes in working with organisations that need in-depth and up-to-date knowledge of local regulations combined with seamless collaboration between tax professionals from different jurisdictions and strong professional experience. We offer a tailored audit approach that focuses on early planning and understanding how your business operates. „I have had the pleasure of working with JSC Legal Accounting since 1998. Simply put, they are excellent at what they do. Since we work in a strictly regulated industry, we cannot afford to make mistakes. The attention to detail and care taken in gathering all relevant information before producing reports has always provided us with excellent support.
Perhaps just as importantly, they are always up to date with all new regulatory developments and regulations. I truly believe that in terms of legal accounting and regulatory support, you can`t do better than with JSC Legal Accounting. Through a wide range of our legal services, we ensure an individual, timely and cost-effective approach to our clients, with a focus on merit and lasting business relationships. In Jordan, company law requires all public joint-stock companies, partnerships, limited partnerships, limited liability companies, private equity firms and foreign companies operating in Jordan to prepare audited financial statements in accordance with „internationally accepted accounting and auditing principles“. Contact us to find out how our accounting expertise and specialized services can save you time, money and frustration in managing your company`s finances.