Interim Financial Reporting and Compliance with IAS 34: The Case of the Jordanian Financial Sector
Malek Alsharairi, Radhi Al-Hamadeen, Frances Issa, Oday Kakish

Abstract
This paper investigates the nature of the Interim Financial Reporting (IFR) and the degree of compliance with the disclosure requirements of IAS 34 by the financial-based public listed companies. Attention in this research has been given to examine nature of the IFR practice, and whether the level of disclosure in interim financial reports is influenced by a group of factors, such as: age, market capitalization, and sub-sector of the reporting company. Data was gathered from the interim financial reports of 104 companies listed in Amman Stock Exchange (ASE) for the financial year 2012. The researchers employ a research index with 21 items related to both general disclosures and technical disclosures required by the IAS 34 (Interim Financial Reporting). The results reveal that 75.2% of the companies do comply with the general part of the research index, and 85.1% to the technical part. The findings of this study reveal that a significant relationship exists between the sub-sector of a company and the level of both; general and technical disclosure, in its interim financial reports. On the contrary, no relationships could be found between the financial firm's age and its size neither with the general disclosure part, nor with the technical one.

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