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ADOPTION OF IFRS AND ITS IMPLICATION ON TAX

ABSTRACT:

This work discusses adoption of IFRS and its implication on tax. International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards.

A hundred and twenty questionnaires were shared amongst selected chartered accountants of Nigeria. Primary and secondary data were used the analysis. Both frequency distribution and regression analysis were used.

It was observed therefore that adoption of IFRS has a significant implication on tax.. Also, there is a relationship between the adoption of IFRS and tax.

TABLE OF CONTENT:

CHAPTER ONE

INTRODUCTION

  1. Background of the Study
    1. Statement of the Research Problem
    1. Objectives of the Study
    1. Significance of the Study
    1. Research Questions
    1. Research Hypothesis
    1. Conceptual and Operational Definition
    1. Assumptions
    1. Limitations of the Study

CHAPTER TWO

LITERATURE REVIEW

  • Sources of Literature
    • The Review
    • Summary of Literature Review

CHAPTER THREE

RESEARCH METHODOLOGY

  • Research Method
    • Research Design
    • Research Sample
    • Measuring Instrument
    • Data Collection
    • Data Analysis
    • Expected Result

CHAPTER FOUR

DATA ANALYSIS AND RESULTS

  • Data Analysis
    • Results
    • Discussion

CHAPTER FIVE

SUMMARY AND RECOMMENDATIONS

  • Summary
    • Recommendations for Further Study

Bibliography

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