ABSTRACT
This chapter presents the main aspects of financial reporting frameworks in the Gulf Cooperation Council (GCC) member states through discussing the rules and regulations, which state that listed companies must comply with, and the mechanisms should be implemented by these companies to demonstrate their compliance. This chapter highlights the main areas of each country's legislation regarding financial reporting and accounting standards that companies should adhere to, the enforcement procedures, and the responsible agencies of monitoring the disclosure practices of listed companies. Moreover, it outlines the development of corporate governance codes issued in the GCC member states, aligned with a comparison between these codes to express the similarities and differences between some corporate governance mechanisms.
