Challenges of International Financial Reporting Standards (IFRS) Adoption on Private Limited Companies in Ethiopia: A case of selected PLCs in Addis Ababa
| dc.contributor.advisor | Nega, Tekalign (Phd) | |
| dc.contributor.author | Muche, Emebet | |
| dc.date.accessioned | 2021-07-29T14:27:12Z | |
| dc.date.accessioned | 2023-11-04T09:40:01Z | |
| dc.date.available | 2021-07-29T14:27:12Z | |
| dc.date.available | 2023-11-04T09:40:01Z | |
| dc.date.issued | 2021-06 | |
| dc.description.abstract | International Financial Reporting Standards (IFRS) have become an internationally recognized standard that has been adopted and implemented in many countries throughout the world to standardize financial reporting. This study investigates the challenges of International Financial Reporting Standards(IFRS) Adoption on Private Limited Companies in case of selected PLCs in Addis Ababa. The study deployed quantitative research methods and explanatory research design. the researcherselected48 PLCs which are in Construction and Real estate sector. The questionnaire data were analyzed using descriptive statistics, correlations, and multiple linear regression analysis using SPSS 26 Software. Accordingly ,the result of this study showed that Legal system of the country, availability of Professional Bodies, Company Size, Attitude/Perceptions towards IFRS and Complexity of Standards are the main factors that hinder the adoption process. Finally, the study recommended that Companies must own the transformation process and collaborate closely with professional bodies, the regulatory body shall impose fines and penalties on the preparers and their auditors if there is deficiencies or non-compliance with IFRS. In addition, to reduce IFRS Complexity, the regulatory bodies and AABE should work on translating IFRS into Amharic in a consistent and efficient manner. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/27491 | |
| dc.language.iso | en | en_US |
| dc.publisher | A.A.U | en_US |
| dc.subject | Challenges of Adoption | en_US |
| dc.title | Challenges of International Financial Reporting Standards (IFRS) Adoption on Private Limited Companies in Ethiopia: A case of selected PLCs in Addis Ababa | en_US |
| dc.type | Thesis | en_US |