Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
The impact of accounting reform on accounting quality: Evidence from Nigeria
Journal of International Financial Management & Accounting ( IF 2.808 ) Pub Date : 2019-11-28 , DOI: 10.1111/jifm.12112
Zayyad Abdul‐Baki 1 , Roszaini Haniffa 2
Affiliation  

The effectiveness of International Financial Reporting Standards (IFRS) is dependent on the strength of enforcement of accounting standards in a given country. This study explores the implications of the adoption of IFRS in Nigeria after the enforcement of accounting standards was strengthened. The strengthening of accounting standards enforcement, and the subsequent adoption of IFRS in Nigeria, was recommended by the World Bank to improve the country's regulatory outlook after a capital market crisis in 2007/2008 that was triggered by widespread accounting irregularities. Results indicate that accounting quality declined in Nigeria following the adoption of IFRS; while earnings management increased, timely loss recognition and earnings persistence reduced. Our study contributes to the burgeoning literature on IFRS adoption and concludes that the effect of IFRS adoption is contextual. Therefore, accounting regulatory institutions operating in a similar context to Nigeria should localize IFRS.

中文翻译:

会计改革对会计质量的影响:来自尼日利亚的证据

国际财务报告准则(IFRS)的有效性取决于给定国家/地区执行会计准则的力度。本研究探讨了在加强会计准则执行后在尼日利亚采用国际财务报告准则的意义。世界银行建议加强会计准则的执行,并随后在尼日利亚采用国际财务报告准则,以改善该国在2007/2008年资本市场危机(广泛的会计违规行为)后的监管前景。结果表明,采用国际财务报告准则后,尼日利亚的会计质量下降;在增加盈余管理的同时,及时的亏损确认和盈余持久性下降。我们的研究为有关采用IFRS的新兴文献做出了贡献,并得出结论认为,采用IFRS的效果取决于具体情况。因此,在与尼日利亚相似的背景下运作的会计监管机构应将IFRS本地化。
更新日期:2019-11-28
down
wechat
bug