THE IMPACT OF INTERNATIONAL FINALCIAL REPORTING STANDARDS (IFRS) ADOPTION ON VALUE RELEVANCE OF ACCOUNTING INFORMATION IN NIGERIAN QUOTED FIRMS
ABSTRACT The research examines the impact of IFRS adoption on the value relevance of accounting information in Nigerian firms. The used data was obtained from the annual report of the firms for the period 2011 and 2012 (2011 for GAAP and 2012 for 2011 financial statements restated for IFRS), and daily price list on the Cash Craft website. The study is based on the Ohlson model and multiple regression is ...
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