IJSRP, Volume 13, Issue 1, January 2023 Edition [ISSN 2250-3153]
Bolujo Julianah Adefunke, Prof Adegbie
Abstract:
Introduction: The quality of financial reporting implies how well a standard can detect and document any material misstatements in corporate financial reports This, gives need to a standard to follow which is meant to give accurate and meaningful information of the sales and the nature, timing and uncertainties of the cash flow, to those who need it. However, IFRS has been widely speculated by different scholars and practitioners to be capable of bringing about improved quality in financial reportage (Irvine & Lucas, 2016) but most corporate firm found it difficult to blend with this principles due to their inability to comprehend the reporting standard which demand thorough understanding. As a result of this incomprehensiveness, this study evaluate the influence of IFRS adoption on quality of financial reporting on selected quoted companies in Nigeria