Study of Accounting Standards From the Point of View Understandability by Audiences: Content Analysis and Assessment Readability

Accounting standards are mandatory rules that reporter units need to use them for the auditor's  acceptable opinion.. auditors should understand the concept of accounting standards correctly for evaluating on the correct use of standards by economic units.Also, accounting students and educators should understand the standards in order to properly teach the concepts and educational headings on the basis of the original text of accounting standards and to prepare for entry into the professional market.The problem of this study is to assess the readability and comprehensibility of accounting standards used by different groups of users.Because if accounting standards are not readable by users, they can’t  play an effective role in the proper reporting..In this research, using  Cloze method  used in assessment readability of two sample standards among several main audience groups of accounting standards, namely, students, professors, accountants and auditors, and the results have been compared and analyzed in different aspects. The results showed that the level of text readability among most of the groups and its overall average was at frustration and stress level and lack of understanding.Therefore, it is imperative that standard-setting authorities revise existing standards or develop new standards to ensure that standards texts allows learning for all user groups.