The Impact of the Application of Fair Value Accounting on the Quality of Accounting Information. An Empirical Study on a Group of Companies Listed on the Khartoum Stock Exchange

Abstract

Study addresses the impact of fair value accounting on the quality of accounting information. The study's main problem in the following question: What is the effect of the application of fair value accounting on the characteristics of accounting information? In order to clarify the effect of the use of fair value on the quality of accounting information. To achieve the objectives of the study were followed inductive and deductive and descriptive approach, where it was in the theoretical side; the study of literature review of relevant fair value accounting And use the inductive approach to the analysis of the problem and identify its components, while a researcher at the deductive approach adopted in the formulation of hypotheses The descriptive approach has been reliable in the field side. Researcher use statistical package for social studies in the questionnaire data analysis. The most important results that have been reached: the fair value contribute to provide useful information to users of financial statements and help them in decision- making There is a positive relationship between the application of fair value and the appropriateness of accounting information in decision-making. And also there is a positive relationship between the application of fair value and reliability of accounting information. Which means reliability of users, in addition to the fair value was able to make a fair comparison, both at the enterprise level for a number of periods or with similar enterprises for the same period.