Edogbanya, Adejoh and Kamardin, Hasnah (2014) Adoption of international financial reporting standards in Nigeria: Concepts and issues. Journal of Advanced Management Science, 2 (1). pp. 72-75. ISSN 21680787

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Abstract

The study was all about the concepts and issues of International Financial Reporting Standards (IFRS) adoption by corporate organisations in Nigeria. This research is based on data obtained from survey and literature in the context of worldwide convergence, compliance and adoption processes of IFRS. The article also compares the Nigerian GAAP and IFRS. There is high compliance in adoption particularly by financial institutions and other corporate bodies with little hitches.Recommendations were made amongst which are; provision of proper guidelines on implementation and introduce awareness programme to improve the degree of compliance.

Item Type:	Article
Uncontrolled Keywords:	adoption, IFRS, compliance, Nigeria.
Subjects:	H Social Sciences > HG Finance
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	26 Aug 2020 13:54
Last Modified:	26 Aug 2020 13:54
URI:	https://repo.uum.edu.my/id/eprint/27391

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