The aim of this research is to explore the opinions of financial statements users,
represented by financial brokers working in the Syrian brokerage companies, about the
application of fair value accounting. The concept of fair value accounting, and
the related
international accounting standards were explained.
In order to achieve the research objectives and testing research hypotheses, data was
collected using questionnaires distributed to financial brokers working in the Syrian
brokerage companies.
Results of this research showed significant differences between the degree of
financial statements users agreement on the advantages of applying the fair value
accounting and the criticisms of its application. Additionally, a significant relationship was
found between the degree of financial statements users agreement on applying the fair
value accounting, presenting the results of its application in the notes rather than the
financial statements themselves, the possibility of the precise calculation of the fair value
in one hand, and the level of its application in the other.
