Regards, Rao Sabir Ali(CA,CIMA-UK) Ethical confilict on using IFRS early implementation of IFRS fair reporting by early application of IFRS conflict between the employees regarding early implementaiton of IFRS
The response provides you a structured explanation of IFRS adoption, issues, and challenges in Nigeria. It also gives you some relevant references.
Conclusions and recommendations http://article.sapub.org/pdf/10.5923.j.economics.20120001.10.pdf This solution provides a sample outline for a paper dealing with the adoption of IFRS in Nigeria.
.pdf 2. http://www.pwc.com/en_US/us/issues/ifrs-reporting/publications/assets/IFRS_and_US_GAAP_similarities_and_differences_2011_edition_v1.pdf The gist of the difference exists in the fact that while GAAP had always been about addressing US needs
Further, global standards will ensure increased transparency, enable appropriate comparison as well as ensure adherence to ethical standards in financial reporting of corporations.
In the year 2008 the SEC issued a proposed road map for adoption of IFRS in the US and a proposed rule on optional early use of IFRS. In 2010 the SEC issued a statement in support of convergence and global accounting standards (c).
Retrieved from: http://www.kpmg.com/CN/en/IssuesAndInsights/ArticlesPublications/Newsletters/Defining-Issues/Documents/Defining-Issues-O-1206-24.pdf Shamrock, S.E. (2012). IFRS and US GAAP: A Comprehensive Comparison. USA: John Wiley and Sons.
-2013.pdf Types of lease and US GAAP and IFRS similarities and differences in the treatment of leases are discussed.
329958 Contemporary Accounting: 5-10 pros and 5-10 cons of implementing IFRS in the US Contemporary Accounting: 5-10 pros and 5-10 cons of implementing IFRS in the US Implementing IRRS in the US Pros: 1.