Title:
MANDATORY IFRS ADOPTION AND ACCOUNTING QUALITY OF NIGERIAN BANKS

Authors:
OGUNDANA, Oyebisi ; UWUIGBE, Olubukola; JINADU, Olugbenga; ADESANMI, David , NWAZE, Chukwu

Volume - 2 Issue - 1, Pages - 2002-2017

Abstract:
This study examined the impact of mandatory adoption of International Financial Reporting Standard (IFRS) on the quality of accounting information of Nigeria banks. The study adopted the Survey research design involving the collection of data from accounting academics in selected private universities in Nigeria. Primary and secondary data were employed and copies of Questionnaire were administered to respondents. Data were also gleened from the annual report of 12 Nigeria banks listed on the floor of the stock exchange market. Two hypotheses were formulated and tested using Simple regression and paired T-test at a significant level of 5%. Findings revealed a significant relationship between IFRS adoption and quality of accounting information. The study also contributes to knowledge as it gives an insight into the possible outcome of future research covering a wider spectrum. Consequently, the study recommended that accountants should be mandated to and probably sponsored by their various institutions/organizations to attend workshops, conferences and trainings on IFRS periodically.

Cite this Article:

[Oyebisi,OGUNDANA,UWUIGBE Olubukola,JINADU Olugbenga,ADESANMI David, and NWAZE Chukwu. "MANDATORY IFRS ADOPTION AND ACCOUNTING QUALITY OF NIGERIAN BANKS." International Journal of Social Science & Economic Research 2.1 (2017): 2002-017.]