CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY In 1973, the international accounting standards committee (IASC), which is a professional accounting body which comprises of major countries like UK, Ireland, United states (US) Australia, Canada, France, Germany, Japan Mexico, Netherlands…

IMPACTS OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA Abstract This study sought to establish the relevance of International Financial Reporting Standard (IFRS) to small scale enterprises in Nigeria. The international accounting standard board…