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Abstract

DOI

10.21608/alat.2022.260640

Keywords

This study aimed to reveal the impact of applying the fair value Standard of the Accounting and Auditing Standards Organization for Islamic Financial Institutions on the quality of the financial information content of financial reports in Islamic ban, through fair value accounting analysis in Islamic accounting thought compared to traditional accounting thought, focusing on the first thought and identifying the problems and obstacles to its application and proposing appropriate solutions to them and recognizing their effects on each of the relevance, Reliability, objectivity and accuracy of accounting information contained in the financial reports, and the extent of its comparability, and the extent of its comprehension, application and weighting between it and historical cost accounting, with application to Islamic banks, The study concluded that Islamic accounting thought is based on measurement, evaluation and pricing at fair value, In response, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) issued accounting and Shariah standards that adopt fair value accounting, The field study reached that there is an overall positive impact of fair value accounting on the quality of the financial information content of financial reports, The applied study also found that Faisal Islamic Bank of Egypt applies fair value accounting for securities, tools and financial assets, while applying historical cost accounting for fixed assets, including buildings and real estate

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Volume

46

Article Issue

3

Related Issue

36807

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Print ISSN

1110-2284

Online ISSN

2785-9703

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https://alat.journals.ekb.eg/article_260640.html

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https://alat.journals.ekb.eg/service?article_code=260640

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المقالة الأصلية

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Journal

Publication Title

المجلة المصرية للدراسات التجارية

Publication Link

https://alat.journals.ekb.eg/