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Adopting International Financial Reporting Standards (IFRS) in Africa: benefits, prospects and challenges
Journal article, Created By Owolabi, Akintola and Published By Inderscience in English language
This paper presents the findings of an empirical study on the benefits, prospects and challenges of adoption of International Financial Reporting Standards (IFRS) in some African countries. A questionnaire was administered to gather data from respondents made up of users and preparers of accounting information using the Twitter social network. The objective was to find out the perception of users and preparers about what the benefits, prospects and challenges of IFRS adoption are in African countries. The results of the study indicate that IFRS adoption in ...