+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) ADOPTION ON THE FINANCIAL PERFORMANCE OF AN ORGANISATION: A CASE OF GUINNESS GHANA BREWERIES

  • Type:Project
  • Pages:118
  • Format:Microsoft Word
(Accounting Project Topics & Materials)

ABSTRACT The globalization of the world‟s economy and markets led companies and nations to become world global players. Before the adoption of International Financial Reporting Standards (IFRS), different countries developed their own national accounting standards. However, movement of business toward global economy brought challenges in comparability, objectivity, reliability, understandability among others. In view of this, this paper attempts to assess the impact of International Financial Reporting Standard adoption on financial performance of organizations and to the extent at which financial performance of Guinness Ghana Breweries Limited before and after the adoption of IFRS. Ratios and descriptive design was adopted using the published financial statements of company listed on Ghana stock exchange for ten years periods. Microsoft Excel was also used to obtain the mean and Standard deviation. It observed that the adoption of IFRS in Ghana, under the profitability and liquidity ratios there were no significant impact on financial performance of an organization though it enhance credibility to financial statements. This paper therefore recommends that there is the need to bring organizations system under control and make them to fit for the service and the interest of stakeholders and needs to work on skills and expertise gap by training and workshops.

IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) ADOPTION ON THE FINANCIAL PERFORMANCE OF AN ORGANISATION: A CASE OF GUINNESS GHANA BREWERIES

Share This

Details

Type Project
Department Accounting
Project ID ACC2796
Price ₦3,000 ($9)
No of Pages 118 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC2796
    Price ₦3,000 ($9)
    No of Pages 118 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT The globalization of the world‟s economy and markets led companies and nations to become world global players. Before the adoption of International Financial Reporting Standards (IFRS), different countries developed their own national accounting standards. However, movement of business toward global economy brought challenges in... Continue Reading
    ABSTRACT The purpose of this study is to bring out issue and concepts of international financial reporting standard (IFRS) in general, its relationship to corporate business with specific reference to Nigeria Brewery Pic, Ibadan. The Objective of the study is to present the benefit of IFRS adoption and the problem of the study is the need for... Continue Reading
    ABSTRACT Nigeria has adopted international financial reporting standard (IFRS) from 1st January, 2012. The study examined the extent to which adoption of international financial reporting standards (IFRS) can enhance financial reporting system in Nigerian Universities. The population of the study comprised 160 senior accountants and internal... Continue Reading
    ABSTRACT The different sectors of the Nigerian economy are working towards being globally competitive and to be able to satisfy the different stakeholders. One of the recent moves in Nigerian companies is to meet the aforementioned position through financial reporting. In this case... Continue Reading
    ABSTRACT This study focused on the process of Adopting and Implementing the International Financial Reporting Standards (IFRS) on a developing economy, with particular reference to Nigeria, the benefit and challenges of... Continue Reading
    IMPEDIMENT TO THE ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARD IN THE OIL AND GAS INDUSTRY IN NIGERIA ABSTRACT This study is motivated by a desire to examine impediment to adoption of international financial reporting standard in the Oil and Gas Industry. In light of the empirical review and other discussions, a number of questions arose... Continue Reading
    ABSTRACT This study was carried out with the aim of examining Auditors’ Perception of the Adoption of International Financial Reporting Standard in Nigeria. In order to actualize the objectives of the study, various literature and theoretical issues were... Continue Reading
    ABSTRACT This study was carried out with the aim of examining Auditors’ Perception of the Adoption of International Financial Reporting Standard in Nigeria. In order to actualize the objectives of the study, various literature and theoretical issues were... Continue Reading
    Abstract The study focuses on the quality process of International Financial ReportingStandard (IFRS) on a developing economy, with particular reference to Nigeria.The research work is based on the data obtained from literature survey and archival sources in the context of the globalization of International Financial Reporting and the quality of... Continue Reading
    ABSTRACT The IFRS adoption is already an issue of global relevance among various countries of the world due to the quest for uniformity, reliability and comparability of financial statements of companies. This research paper investigated the effect of IFRS adoption on Financial Statements. The population consists of quoted companies in Nigeria... Continue Reading