International Financial Reporting Standard (IFRS) Implementation Challenges in Public Utility Enterprises
| dc.contributor.advisor | Temesgen, Worku (PhD) | |
| dc.contributor.author | Yitagesu, Terfa | |
| dc.date.accessioned | 2019-10-17T15:16:35Z | |
| dc.date.accessioned | 2023-11-04T07:57:31Z | |
| dc.date.available | 2019-10-17T15:16:35Z | |
| dc.date.available | 2023-11-04T07:57:31Z | |
| dc.date.issued | 2019-06 | |
| dc.description | A thesis submitted to the Department of Accounting and Finance College of Business and Economics Presented in partial fulfillment of the requirements for the degree of Master of Science in Accounting and Finance | en_US |
| dc.description.abstract | International Financial Reporting Standards (IFRS) are set of Accounting Standards developed by the International Accounting Standard Board (IASB) that is the global standards recognized for the preparation of companies’ financial statements. The adoption of International Financial Reporting Standards (IFRSs) in Ethiopia represents perhaps the most important accounting regulatory change in Ethiopia Accounting and finance history. International financial reporting standard (IFRS) has a lot of challenges as it was, this paper tends to look at these challenges that face implementing of International Financial Reporting Standards (IFRS) by public utility enterprises in Ethiopia and gave appropriate recommendations that will aid effective implementation of the international financial reporting standards (IFRS). To achieve the objective, both primary and secondary data were collected from IFRS implementation team members who were selected purposively based on their role and involvement in the implementation process. Primary data were collected through questionnaire and interview whereas secondary based were collected through documentary evidence and analyzed by using different descriptive statistical tools. Finally, the result of the study revealed that IFRS adoption by public utility sector has faced some obstacles such as higher cost of adoption, luck of implementation guideline which support to apply procedures, lack of valuation experts and luck of knowledges policy. The findings suggest that a rigorous IFRS capacity building program should be embarked by the government, all regulatory bodies, enterprises and training institutions in order to provide the needed manpower for IFRS implementation. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/19473 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Adoption | en_US |
| dc.subject | Challenges | en_US |
| dc.subject | Public interest | en_US |
| dc.title | International Financial Reporting Standard (IFRS) Implementation Challenges in Public Utility Enterprises | en_US |
| dc.type | Thesis | en_US |