THE IMPACT OF GLOBALIZATION ON PUBLIC ACCOUNTING STANDARDS
This study explores the impact of globalization on public accounting standards. The objectives are to evaluate how globalization influences the convergence of accounting standards, to assess the challenges faced by public accountants in adapting to global standards, and to analyze the benefits of standardized global accounting practices. A survey research design was employed to gather data from public accountants and regulatory experts. Using Taro Yamane's formula, a sample size of 230 respondents was determined to ensure representativeness and reliability. The study focuses on Lagos, Nigeria, due to its integration into the global economy and significant international business presence. The reliability coefficient score for the survey instrument was 0.86, indicating high reliability. Findings suggest that globalization drives the convergence of accounting standards, leading to improved comparability and transparency of financial statements. However, challenges such as differing regulatory environments, cultural differences, and the complexity of adopting international standards were identified. The study recommends that accounting bodies promote the harmonization of standards and provide training for public accountants to facilitate the transition to global accounting practices.
Abstract
Type 2 Diabetes is one of the most common physiological disorders worldwide. Kidney's role in and associated problems linked...
ABSTRACT
One of the major problems facing the country is pavement failure. It is the concern of the Institute of Managem...
Abstract: This study examines the benefits of inclusive education practices in early childhood settings in N...
ABSTRACT
Advertising is one of the means through which marketers or manufacturers convince buyers to pa...
ABSTRACT
This study titled “A study of Tense Errors in the Written English Essays of SS II students of Giwa Educational Zone”...
OBJECTIVE OF STUDY
In view of the problems mentioned above, this project is aimed at i...
ABSTRACT
The study examined the impact of foreign direct investment (FDI) in Nigeria over the period 1980 to 2010. The study employed mul...
ABSTRACT
This study was carried out on the examin...
Abstract: BEHAVIORAL FINANCE AND ITS IMPACT ON INVESTMENT DECISIONS
This study explores the impact of behavioral finance on investment de...
ABSTRACT
As use of the Internet has expanded to become ubiquitous, so has the use of filtering technology to selectively block access to...