Quantitative Analysis of the Role of Nigerian Stock Exchange in IFRS Compliance
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
The Nigerian Stock Exchange (NSE) plays a pivotal role in the Nigerian financial markets by providing a platform for trading securities and fostering investment opportunities. As part of Nigeria's commitment to adopting International Financial Reporting Standards (IFRS), the NSE has been a key player in ensuring that publicly listed companies comply with IFRS requirements. This study seeks to quantitatively analyze the role of the Nigerian Stock Exchange in promoting IFRS compliance among Nigerian firms, particularly those listed on the exchange. It aims to explore the mechanisms employed by the NSE to enforce IFRS compliance and the extent to which its efforts have been successful in improving the quality of financial reporting.
Statement of the Problem
While the Nigerian Stock Exchange has contributed to the adoption of IFRS among listed companies, the effectiveness of its role in ensuring consistent and comprehensive compliance has not been thoroughly examined. This study aims to provide a quantitative analysis of the NSE's efforts in promoting IFRS compliance and its impact on the financial reporting quality of Nigerian firms.
Aim and Objectives of the Study
Aim:
To analyze the role of the Nigerian Stock Exchange in ensuring IFRS compliance among listed companies.
Objectives:
To evaluate the mechanisms employed by the Nigerian Stock Exchange to enforce IFRS compliance among listed companies.
To assess the level of IFRS compliance among firms listed on the Nigerian Stock Exchange.
To investigate the impact of the Nigerian Stock Exchange's efforts on the quality of financial reporting in Nigeria.
Research Questions
What mechanisms does the Nigerian Stock Exchange employ to promote IFRS compliance among listed companies?
To what extent do firms listed on the Nigerian Stock Exchange comply with IFRS standards?
What is the impact of the Nigerian Stock Exchange's efforts on the quality of financial reporting in Nigeria?
Research Hypotheses
The Nigerian Stock Exchange’s efforts significantly promote IFRS compliance among listed companies.
Firms listed on the Nigerian Stock Exchange show a high level of IFRS compliance.
The Nigerian Stock Exchange's promotion of IFRS compliance enhances the quality of financial reporting in Nigeria.
Significance of the Study
This study will provide critical insights into the role of the Nigerian Stock Exchange in promoting IFRS compliance, benefiting regulatory bodies, investors, and firms listed on the exchange. The findings will help policymakers identify areas where the NSE's efforts can be improved to ensure better financial reporting practices.
Scope and Limitation of the Study
The study will focus on publicly listed companies on the Nigerian Stock Exchange and their level of IFRS compliance. Limitations may include the accessibility of data from firms and the potential variance in the quality of reporting across sectors.
Definition of Terms
Nigerian Stock Exchange (NSE): A platform for the trading of securities, including stocks, bonds, and other financial instruments, in Nigeria.
IFRS Compliance: The adherence of companies to the International Financial Reporting Standards in their financial reporting.
Financial Reporting Quality: The accuracy, transparency, and reliability of financial statements prepared by firms.
Related Project Materials
The Impact of Public Relations in Enhancing Community-Based Education Programs: A Study of Yola South LGA, Adamawa State
Chapter One: Introduction
1.1 Background of the Study
Education is a fundamental driver of socio...
EFFECT OF ELECTRONIC INSTRUCTIONAL MEDIUM ON SECONDARY SCHOOL STUDENTS ACHIEVEMENT IN AQUATIC ANIMALS OF BIOLOGY CONTENT. (CASE STUDY OF SELECTED SCHOOLS IN ZAMFARA STATE)
ABSTRACT
The study was carried out to examine the effects of electronic instructional medium on seconda...
THE EFFECT OF PRICE AND PRICE CHANGES ON THE SALES OF CONSUMER GOODS
ABSTRACT
Consumers can be reactive. This situation is not abnormal in business, this is because, the purchasing power of...
ASSESSMENT OF AUDIENCE AWARENESS, ACCESSIBILITY AND PATRONAGE OF ONLINE NEWS
ABSTRACT
The aim of this study is to examine students’ awareness, accessibility and patronag...
ASSESSMENT OF OCCUPATIONAL HEALTH AND SAFETY RISK IN LUTH, IDI ARABA
Background Of The Study
Infections and diseases are one of the most significant issues that might arise...
THE EFFECT OF LEADERSHIP STYLE ON MANAGEMENT OF AN ORGANIZATION
Abstract
The study is aimed at investigating the leadership styles and effect inn organizational management. The study p...
ASSESSMENT OF METHODS FOR INTEGRATING ENTREPRENEURSHIP INTO VOCATIONAL CURRICULA
ABSTRACT: Methods for Integrating Entrepreneurship into Vocational Curricula examines approaches to fostering entrepreneurial skills and mindsets a...
AN EXAMINATION OF THE LINK BETWEEN LEARNING PATTERN AND ACADEMIC ACHIEVEMENT OF STUDENTS
BACKGROUND OF THE STUDY
For some time, educational researchers have been examining the techniques by wh...
Accounting Information System as a Tool for Enhancing Transparency in Jos North Local Government Area
Background of the Study
Transparency in local government operations is crucial for ensuring accountabil...
REPRESENTATIVE DEMOCRACY AND PUBLIC ACCOUNTABILITY IN NIGERIA: A CASE STUDY OF KUDAN LOCAL GOVERNMENT -2015-2023
ABSTRACT
This study was carried out to examine representative democracy and public accountabi...
