The reality of the changing process of accounting policies in Jordanian touristic companies

Abstract

This study aimed at recognizing the reality of the changing process of accounting polices in Jordanian touristic companies, the factories affecting it, the parties who takes part in taking the decision of changing, and if the decision is realistic and objective. This study is an explorative-analytical one, the researcher analysis 83 forms of the study sample.The main result was that the rules and regulations has no role in stopping changing the accounting policies. Administrations and different departments don't participate in changing the accounting policies, and the new administration makes the change only because it wants to. These companies make these changing to win borrowers, and there is a clear shortage in the foundation of the relative importance and lack of understanding qualitative characteristic for the information which leads to the changing of the accounting policies.

The study strongly recommended organizing the process of the changing accounting polices in Jordanian touristic companies. Make the administrations and different departments in the foundation participate in the process of the changing accounting polices. And make use of the experience and capabilities of the outer parts specially offices of consultancy and auditing. And Jordanian touristic companies should equip it self with the clear foundation about the relative importance and try to understand the qualitative characteristic of information. All this with enough coordination with different administration in other Jordanian touristic companies when there is a change in the accounting polices.

Key Words: tourism sector, accounting polices, touristic companies.