THE IMPACT OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARD (IPSAS) IN NIGERIA PUBLIC SERVICE (A CASE STUDY OF LAGOS STATE CIVIL SERVICE)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study examines the value relevance of international public sector accounting standards adoption in the Lagos state Civil service. The study utilizes secondary data extracted from 35 listed firms for the period of 8 years (2008 to 2015); 2008-2011 for pre IPSAS adoption and 2012-2015 for post adoption. The study uses correlation, pre and post research designs. Multiple regression models areused as technique of data analysis adapting Ohlson model (1995). The findings reveals that book value per share is more value relevant in post IPSAS adoption on share price of public service in Nigeria. While, earnings per share is more value relevant in pre- IPSAS adoption. Capitalized intangible assets are also more value relevant in post IPSAS adoption period. Post IPSAS adoption accounting information is more value relevant than pre IPSAS period.The Study concludes that mandatory adoption has been proven to enhance the relevance of book value of equity to the users of accounting information of financial service firms in Nigeria while IPSAS adoption has not improved the value relevance of earnings per share of the public service in Nigeria. IPSAS adoption reflects value relevant information on capitalized intangible assets. IPSAS adoption period is more value relevant on accounting information. The study recommended among others that investors and management of Lagos state Civil service should adhere strictly to IPSAS as it impacted on book value per shareand capitalize intangible assets for investment decision as they contain more explanatory power on share price after IPSASadoption.
Related Project Materials
ASSESSMENT OF THE CAUSES OF DEVIATION FROM ISLAMIC PRACTICES AMONG THE CONTEMPORARY MUSLIMS OF THE NORTH-WEST NIGERIA
ABSTRACT
This research entitled: ―Assessment of the causes of deviation from Islamic practices among the contemporary Muslims of the Nort...
PERFORMANCE MEASUREMENT AND REPORTING IN GOVERNMENTAL ACCOUNTING
PERFORMANCE MEASUREMENT AND REPORTING IN GOVERNMENTAL ACCOUNTING
Abstract
This research explores the mechanisms of performance...
SOLID WASTE SEGREGATION AS A STRATEGY FOR IMPROVED WASTE MANAGEMENT IN AMAC, ABUJA.
Abstract
Solid wastemanagement is an established environmental health challenge in most societies. The heterogeneousnat...
EFFECT OF TAX INCENTIVES ON MICRO AND SMALL ENTERPRISE IN LAGOS STATE
BACKGROUND OF THE STUDY
Beginning in the early 1970s, the government of Nigeria steadily increas...
THE NOVELIST AS HISTORIAN: EXPLORING THE SOCIAL COMMENTARY, ACTIVISM AND POLITICALITY OF POST-COLONIAL AFRICAN LITERATURE
ABSTRACT
This study focuses on the role of the African writer in the politics and societies of Africa, especially how this role has been...
IMPACT OF PURE WATER PRODUCTION ON THE ECONOMIC DEVELOPMENT OF NIGERIA
Abstract
Almost every nook and cranny in Nigeria is littered with sachet water nylon...
INFLUENCE OF TELEVISION, EDUCATIONAL AND ENTERTAINMENT PROGRAMS ON YOUNG VIEWERS IN AREA OF CULTURAL TRANSLATION
ABSTRACT
This study was carried out on Influence of Television, Educational and Entertainment Programs...
THE BENEFITS OF EARLY CHILDHOOD EDUCATION FOR LOCAL ECONOMIC DEVELOPMENT
ABSTRACT: The benefits of early childhood education for local econom...
PROMOTING ENTREPRENEURSHIP THROUGH VOCATIONAL EDUCATION
Abstract: This research explores strategies for promoting entrepreneurship through vocation...
AN ASSESSMENT ON THE APAPA PORT ACCESS FOR ROAD USERS
Background To The Study
It is important to draw attention to Creek Road's importance in Apapa. The...
