Adoption of International Financial Reporting Standard for Small and Medium Enterprises in North Central Nigeria: Implications for Financial Reporting Quality

Authors

  • A. A. Solanke Department of Accountancy, the Federal Polytechnic, Bida, Nigeria
  • P. Adinnu Department of Accountancy, the Federal Polytechnic, Bida, Nigeria
  • K. A. Alhassan Department of Accountancy, the Federal Polytechnic, Bida, Nigeria

Keywords:

IFRS, SMEs, financial reporting, North central Nigeria.

Abstract

Previous studies have paid little attention to the adoption of International Financial Reporting Standard (IFRS) for SMEs in North-Central geo-political zone of Nigeria. This study investigates level of awareness, challenges and willingness for the adoption of IFRS for Small and Medium Enterprises (SMEs) in North-Central Nigeria, with a view to highlighting the implications of the adoption for financial reporting quality among the SMEs. The outcome variable in the study is financial reporting quality measured by qualitative reporting attributes namely reliability, comparability and understandability. The explanatory and control variables are IFRS awareness, challenges and willingness for the adoption, while others are taxation, entities

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Published

2016-11-13

How to Cite

A. Solanke, A., Adinnu, P., & A. Alhassan, K. (2016). Adoption of International Financial Reporting Standard for Small and Medium Enterprises in North Central Nigeria: Implications for Financial Reporting Quality. International Journal of Sciences: Basic and Applied Research (IJSBAR), 30(3), 89–101. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/6456

Issue

Vol. 30 No. 3 (2016)

Section

Articles

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