(Amman-Al-Ghad newspaper) The Investment Unit of the Jordanian Social Security Department implements the International Accounting Standard (IAS 39) Financial Instruments: measurement and recognition on the trading and available for sale investments. Additionally it implements the International Accounting Standards (IAS 27&28) related to subsidiaries and associate firms, as well as the International Accounting Standard (IAS 40): Investment Property.
The adoption of the International Accounting Standards will result in increasing the Unit’s investment portfolio by more than JOD 550 million, which will be added to the current investment portfolio of JOD 4 billion.
For more information please visit the following website: www.alghad.jo