ABSTRACT
This paper examined the impact of IFRS adoption on value relevance of accounting information in Nigeria. In achieving the objectives of this research, the fact book and the annual reports for the period 2009-2014 were used. Also using the judgmental sampling technic a total of eighteen (18) companies were selected from a population of hundred (100) listed companies in the consumer goods industry listed on the floor of the Nigeria Stock Exchange (NSE). Using Ordinary Least Square (OLS) regression, the study found out that: earnings per share and book value of equity per share are accounting variables that jointly explains share price. The study observed that with the introduction and adoption of IFRS, there has been is an improvement in the value relevance of accounting information. The study also observed that earnings per share exhibits a stronger explanatory power both in pre and post IFRS adoption periods. Therefore concludes that though IFRS has helped in the relevance of accounting information; there are still room for earnings management.
GODWIN, F (2021). Impact Of IFRS Adoption On Value Relevance Of Quoted Companies In Nigeria . Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-ifrs-adoption-on-value-relevance-of-quoted-companies-in-nigeria-7-2
FAITH, GODWIN. "Impact Of IFRS Adoption On Value Relevance Of Quoted Companies In Nigeria " Mouau.afribary.org. Mouau.afribary.org, 01 Mar. 2021, https://repository.mouau.edu.ng/work/view/impact-of-ifrs-adoption-on-value-relevance-of-quoted-companies-in-nigeria-7-2. Accessed 30 Oct. 2024.
FAITH, GODWIN. "Impact Of IFRS Adoption On Value Relevance Of Quoted Companies In Nigeria ". Mouau.afribary.org, Mouau.afribary.org, 01 Mar. 2021. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-ifrs-adoption-on-value-relevance-of-quoted-companies-in-nigeria-7-2 >.
FAITH, GODWIN. "Impact Of IFRS Adoption On Value Relevance Of Quoted Companies In Nigeria " Mouau.afribary.org (2021). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-ifrs-adoption-on-value-relevance-of-quoted-companies-in-nigeria-7-2