Title: INTERNATIONAL ACCOUNTING STANDARDS 1 (IAS 1) AND FINANCIAL DISCLOSURE IN FINANCIAL REPORTING OF LISTED COMPANIES ON THE GHANA STOCK EXCHANGE
Abstract:Internationalization of economic trade and globalization of businesses is on the ascendency. Consequently, financial statements prepared according to a nation’s local accounting system may hardly meet...Internationalization of economic trade and globalization of businesses is on the ascendency. Consequently, financial statements prepared according to a nation’s local accounting system may hardly meet the needs of investors, business partners, financiers and decision-makers who are conversant with international standards. Meanwhile developing and emerging markets are the target of the world’s leading industries that are operating in the saturated western countries. To better undertake their activities in developing countries; they must adopt International Accounting Standards that suit needs (Zeghal and Mhedhbi, 2006). This led to the developing of International Accounting Standards to establish standardization in how financial statements are prepared to ensure comparability.Read More
Publication Year: 2013
Publication Date: 2013-06-01
Language: en
Type: dissertation
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot