Paper Title
Developing A Structural Model To Support The Increased Need of Transparency in Financial Reporting Standards in Amman Stock Exchange, Jordan

Abstract
The Financial Reporting Quality is dependable on qualitative characteristics of accounting information which were established by International Financial Reporting Standards (IFRS). However, with introduction of Fair Value Accounting, the debate on the relationship between fair accounting and the quality of financial reporting has been going on. The paper is expected to provide empirical evidence on characteristics of information accounting extracted from FVA application and its qualification in financial reporting quality. The examination will be carried on a relationship between qualitative characteristics of accounting information, namely (relevance, comparability, reliability and understandability), financial reporting quality and implementation among the financial companies listed in the Jordanian Stock Market. Therefore, this study is expected to have both theoretical and practical contributions. That is, this research extends the existing body of knowledge by improving the understanding of the implementations of fair value accounting in Jordan, which is currently undergoing significant alterations and exposes its rudimental features that would help in conducting the study more effectively. In Jordan, the challenges and changes presently witnessed include lack of transparency that fails to justify timeliness hazards within the financial and auditing industry practices and extensive technology usage to encourage voluntary financial reporting by the companies. With regard to both these concerns, it has emerged to be crucial to develop a structural model that would support the increased need for transparency in financial reporting standards. Focusing on the application of the fair value accounting method thus, this study will help to comprehend the developmental needs on one dimension of the accounting practices in Jordanian financial companies, which currently use the IFRS guidelines. Key words- Fair value accounting, qualitative characteristics of accounting information, financial quality reports