ABSTRACT
This study was carried out on the impact of international financial standards (IFRS) on the quality of financial statements using First Bank Plc as case study. To achieve this, five significant research objectives were formulated. The survey design was adopted and the simple random sampling techniques were employed in this study. The population size comprise of all the staff of selected First Bank Branch in Abuja. In determining the sample size, the researcher conveniently selected 67 respondents while 55 were received and 50 were validated. Self-constructed and validated questionnaire was used for data collection. The collected and validated questionnaires were analyzed using frequency tables and percentage. While the hypotheses were tested using Chi-square statistical tool. The result of the findings reveals that there are problems confronting the staff of First Bank of Nigeria Plc, Uyo in enhancing quality financial statement; IFRS does aid quality of financial statement in First Bank of Nigeria Plc; IFRS play any significant role in banking institutions in Nigeria; and there is a significance relationship between effective implementation and adoption of IFRS in First Bank of Nigeria Plc. In regard to the findings, the study recommends that In other to improve the comparability of banks' financial statements, the banks should try to improve on the presentation of trend analysis, to aid understanding ability of the users of financial statements. Stop making use of ambiguous words so that the financial statements can be easily understood, interpreted and user will be able to compare financial statement to determine the changes. And all information relating to the banks' financial statements should be properly and timely disclosed in the notes to the accounts, directors' reports and the chairman's report to reduce the complexity of the financial statements prepared.
ABSTRACT
Hydrocarbon production in the petroleum industry is often co...
BACKGROUND OF THE STUDY
Although infrastructure investment is widely seen as a critical engine of economic growth,...
Abstract
This project takes a look at the “Effect of Government Ownership and Control on Mass Media Objectivity....
ABSTRACT
The study is to assess the gender inequality and women participation in politics: 2011 General election in...
Statement of the Problem:
The issue of maintaining an organizational culture could be challenging...
ABSTRACT
This research examines the Role of Manager in Small Scale Business Organization with special reference to Top P...
ABSTRACT
Dividend policy is used by listed companies to choose an amount out of its profit to retain and/or pay as dividend to their shar...
ABSTRACT
This dissertation employs the doctrinal method of research to appraise the doctrine of Self defence as one...
Background of Study
The United Nations of World Tourism Organization defines tourism as the activ...
ABSTRACT
This study was carried out to examine contribution of public infrastructure in community devel...