ABSTRACT
The general objective of this research work is to investigate the likely challenges that SMEs will encounter in adopting IFRs for SMEs within the Nigerian environment and those factors that could hamper the adoption of the standard by SMEs. Understanding the vital role of SMEs in every economy, ranging from positive developments to creation of employments and their very key impact within the various sectors where they are operational, it therefore becomes so operational to critically analyze, using extant literature, the benefits and likely challenges of implementing IFRs for SMEs in Nigeria. The study examines the issues and challenges faced by SMEs in the adoption of IFRS for SMEs in Nigeria. To obtain answers to the research questions, questionnaires were distributed seeking the opinion of respondents. A total of 400 questionnaires was distributed to Accountants, Accounts clerks, Analysts, Executives/Business owners, etc. out of which 318 was returned. The data collected was analyzed using descriptive statistics and Multiple Regression analysis. The results show the various relationships existing between the factors that affect the adoption of IFRS for SMES and the standard itself. The finding also reveals that despite the challenges bedeviling the SMEs, SMEs are willing and ready to adopt the standard however, training and re-training has to be enhanced. The study encourages the government to ensure a level playing ground by drawing out a timetable, which the SMEs are to abide to while adopting the standard and to also provide the necessary funding where the need arises considering the cost involvement in adoption.
ABSTRACT
One of the most important principles of the contract of insurance is the utmost good faith in which one of the parties to the co...
Abstract: This research explores the impact of flexibility in adult education programs. The study aimed to investigate how flexible learning s...
ABSTRACT
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ABSTRACT
This research set out to find out the auditor’s connection to audit expectation gap in Nigeria. Two...
ABSTRACT
The study examines executive compensation packages and job satisfaction of fast consuming goods companies....
BACKGROUND TO THE STUDY
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BACKGROUND OF THE STUDY
The academic achievement of adolescents has been a major concern of educators f...
BACKGROUND
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Abstract
This study is on motivation as a management tool for increasing the productivity of workers. The total populati...
ABSTRACT
The creation, evaluation and selection of mutants with desirable traits have served as source of genetic variability for breedin...