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Research Article
Vol. 10, Issue 1
MANDATORY ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS AND VALUE RELEVANCE OF ACCOUNTING INFORMATION IN THE NIGERIAN FINANCIAL FIRMS
Prior to mandatory adoption of International Financial ReportingStandards (IFRS), the Nigerian Statement of Accounting Standard (SAS)was considered of low quality and inadequate to address the financialreporting needs of companies in Nigeria. Nigeria adopted IFRS toovercome the weaknesses of SAS and improve the information contentsof financial repo...
