The Reality of Implementing International Accounting Standard 36 “Impairment of Assets” in Jordanian Industrial Companies Shareholders

The purpose of this study is to identify the reality of implementing International Accounting Standard 36 “Impairment of Assets” in Jordanian industrial companies shareholders. The study sample consists of (31) companies. A 33-item questionnaire was designed for this purpose to measure the companie's awareness and understanding level of the importance of this standard, implementing difficulties, types of indications which lead to impairment and to measure disclosure level provided by companies in regard to impairment.One of the most important findings of the study is the existence of sufficient companies’ awareness and understanding of the importance of the standard. The study also revealed that the companies were committed to implement the standard and provide its related disclosures.