The Impact of IFRS on Financial Reporting Quality in Nigerian Listed Companies

Abstract

The impact of international financial reporting quality on financial reporting quality highlights a number of literatures on how financial reporting qualities are affected by numerous factors which include less-earnings management, value-relevance and timeliness. This study found that there is a positive relationship between less-earnings management and financial reporting quality as a result of the adoption of IFRS. In addition, value-relevance positively associated with the quality of financial report, but few literatures highlights positive relationship between timeliness of financial reports and the quality of financial reporting after the adoption of international financial reporting quality. This study suggests to further empirical research that would combine all less-earnings management by managers in an organization, value-relevance and timeliness on financial reports to measure how these factors would influence the quality of financial reports.