Intention between International Financial Reporting Standards (IFRSs) and Islamic Religion Proposing a conceptual framework for intention to be included in IFRS
The study aimed to identify rules of intention in Islamic religion, Develop a conceptual framework of intention consider that most of International Financial Reporting Standards (IFRSs) without any conceptualization, also, identify the places where the intention exists in IFRSs, and finally identify the accepted and unaccepted accounting practices in which intention plays an important role. Researchers used the qualitative method, where they used actual financial statements of the Jordanian
... f the Jordanian public shareholding companies included in the sample during the period 2006 - 2015, in addition, they used structured interviews.The study concluded to the possibility of setting a conceptual framework to intention in IFRSs derived from Islamic religion and incorporating it into the qualitative characteristics within the fundamental characteristic: representational faithfulness. The researchers recommended the necessity of adopting the proposed conceptual framework of intention by International Accounting Standards Board(IASB), to improve the documentation process for the purposes of recognition of elements in financial statements , and work more to increase the interest of audit firms in enhancing the professional skepticism of their employees, in addition to the need of establishing wide time series financial databases in companies to facilitate the control of their intentions and their conformity with the accounting practices carried out by these companies.