Financial statements from Jordan

Schmidt & Schmidt offers financial statements from Jordan in electronic form and their translations into English.

According to law, most companies registered in Jordan must submit financial statements.

Reporting of financial statements in the Jordan is subject to the Accounting Act, Banking Act, Securities Act and other regulations.
In Jordan, the IFRS are used. Their use is mandatory for large public companies and allowed for small and medium-sized companies.

Annual financial statements are filed to the Companies Control Department. Some financial companies report their statements to the Central bank.

Companies selling their shares report their statements to the stock exchange. If reports of financial statements are delayed, the selling of shares is stopped.

Annual financial statement includes:

• Balance sheet
• Profit and loss report
• Cash flow statement
• Notes

Financial statements are partially obtainable with an online service of the Companies Control Department. The service is available for authorized users only. Additionally, financial statements of companies participating in stock exchange are available on the website if the stock exchange.

To obtain financial statements of a specific enterprise, its full name in English or Arabic language and registration number are required. Any information is provided only for a fee.

Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise.

Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts.

Financial statements are provided in accordance with the legislation of Jordan and legal requirements on personal data protection.

On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.