Firm-specific Characteristics and International Financial Reporting Standards (IFRS) Compliance among Listed Non-financial Firms in Nigeria
| dc.contributor.author | Lukman Adebayo-Oke Abdulrauf | |
| dc.date.accessioned | 2025-02-13T08:54:20Z | |
| dc.date.available | 2025-02-13T08:54:20Z | |
| dc.date.issued | 2021 | |
| dc.description.abstract | The transition from local Generally Accepted Accounting Principles (GAAP) to the celebrated International Financial Reporting Standards (IFRS) is yet to meet the expectation of the various stakeholders in terms of improving the financial statements and detailed disclosure as a result of multiple reports of low compliance level. This study examines the relationship between firm-specific characteristics and IFRS compliance among listed non-financial firms in Nigeria. Data were drawn from the annual reports and accounts of one hundred and thirteen (113) non-financial firms listed on the Nigerian Stock Exchange as of 31st December 2017. Eighty-eight (88) firms were selected using Yamane (1964) statistical formula. Panel regression analysis was used in the analysis and test of hypotheses. Findings revealed that internationalization, industry type, and auditor type have positive and significant effects on IFRS compliance at a 5% level of significance with a p-value of 0.000, 0.003, and 0.020, while firm maturity is not significant. The study concluded that internationalization, auditor’s type, industry type and profitability are the significant firm-specific characteristics affecting IFRS compliance among listed non-financial firms in Nigeria. This study recommended that international accounting standard board should beef up its monitoring of compliance level of listed non-financial firms along with the essential firm-specific characteristics line. | |
| dc.identifier.issn | 2705-3407 | |
| dc.identifier.uri | https://kwasuspace.kwasu.edu.ng/handle/123456789/4354 | |
| dc.language.iso | en | |
| dc.publisher | GOMBE JOURNAL OF ADMINISTRATION AND MANAGEMENT | |
| dc.relation.ispartofseries | Vol. 4, No. 1 | |
| dc.title | Firm-specific Characteristics and International Financial Reporting Standards (IFRS) Compliance among Listed Non-financial Firms in Nigeria | |
| dc.type | Article |