Impact of IFRS adoption on labour mobility of private accountants in Nigerian banks: a case study of First bank of Nigeria PLC, Aba, Abia state Department: Accountancy By: opc123 Project ID: 546 Rating: (2.4) votes: 36Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis study focuses on the Impact of IFRS Adoption on Labour Mobility of Private Accountants in Nigerian Banks. The move towards adopting the International Financial Reporting Standards (IFRS) unified and higher quality accounting standards across the globe have been empirically found to improve the quality of accounting in some countries thereby increasing and was catalyzed by its usefulness to stakeholders. This study empirically examines whether the mandatory adoption of IFRS has improved the Labour Mobility of Private Accountants in Nigerian Banks. As a result of this, there have been controversies as to the consequences of this convergence from the Nigeria Generally Acceptable Accounting Principles (NGAAP) to international Financial Reporting Standards (IFRS) on firm’s financial performance and positions. The descriptive research method using Chi-square tools in assessing hypotheses and making comparison on the performance of Nigerian Banks. The descriptive research design was adopted to enable the investigator gather concrete data as they existed during the time of the study. The population of the study comprised of the management team, senior staff and junior staff. Thirty (30) respondents were studied. The research was guided by relevant research questions from which the questionnaire was developed. Data gathered were presented in tables and analyzed with simple percentages. From the results made, it was revealed that the concept of IFRS adoption has not been adequately employed in the bank in particular and most Nigerian firms in general. It also recommended that favourable and modern marked labour market and also keeps afloat....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )