Adoption of International Financial Reporting Standards (IFRS) and Quality of the Central Bank of Nigeria (CBN) Financial Reports
| dc.contributor.author | Olasupo, Sunday Festus | |
| dc.date.accessioned | 2022-04-30T13:11:17Z | |
| dc.date.available | 2022-04-30T13:11:17Z | |
| dc.date.issued | 2018-10 | |
| dc.description.abstract | The study examines the effect of IFRS adoption on the quality of CBN financial reports. Consequent upon the adoption of IFRS in Nigeria and the staged implementation plan necessitating Publicly Listed Entities (PLCs) and significant Public Interest Entities (PIEs) to implement IFRS by 1st January 2012, CBN was required to adopt this set of standards. The study employed the descriptive and explanatory research design while secondary data was obtained from CBN Annual Reports and Statistical Bulletins from 2005 to 2015 indicating pre and post IFRS adoption era. Data analysis was conducted by means of the descriptive and inferential statistics while the Autoregressive Distributed Lag (ARDL) was used as the regression model. The result showed that at 5% level of significance, IFRS adoption has a significant effect on the quality of CBN financial reports though positively in the short-run but negatively in the long-run. IFRS standards which are much more targeted towards special legal entities as central banks should thus be looked into as it will invariably influence the quality of her financial reports. | en_US |
| dc.identifier.citation | Peace Ebunoluwa Kolawole, Sunday Festus Olasupo & Rafiu Oyesola Salawu (2018): Adoption of International Financial Reporting Standards (IFRS) And Quality Of The Central Bank Of Nigeria (CBN) Financial Reports. Proceedings of the 13th iSTEAMS Multidisciplinary Conference, University of Ghana, Legon, Accra, Ghana. Vol. 2, Pp 179-184 | en_US |
| dc.identifier.uri | http://dspace.run.edu.ng:8080/jspui/handle/123456789/2570 | |
| dc.language.iso | en | en_US |
| dc.subject | Adoption | en_US |
| dc.subject | IFRS | en_US |
| dc.subject | Central Bank | en_US |
| dc.subject | Financial reports | en_US |
| dc.subject | Quality | en_US |
| dc.title | Adoption of International Financial Reporting Standards (IFRS) and Quality of the Central Bank of Nigeria (CBN) Financial Reports | en_US |
| dc.type | Article | en_US |