International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements. In mid-1990, the trading relation between Canadian and US companies were improving, and more and more Canadian companies began raising funds from US. So, to facilitate smooth business operation, the Canadian Accounting Standard Board began aligning its accounting standards with U.S. GAAP (Generally Accepted Accounting Practice). So, in present scenario, when companies located in any country are trading globally, there is a need for global accounting standard.
The importance of adopting of IFRS in financial reporting are enormous; below are some of the merit of IFRS adoption in Nigeria
 “Financial information needs to be relevant, reliable, understandable and comparable. It is therefore important for those seeking capital to prepare financial information in line with globally accepted standards.
 A uniformed reporting framework helps those seeking capital to compete better globally
 IFRS was introduced by the international accounting standard board (IASB) in the public interest to provide a single set of high quality, understandable and uniform accounting standards.
 IFRS brings about transparency and accountability in reporting
These are some of the benefits listed out of the tremendous benefit accrue to the adoption and implementation of IFRS in reporting .
In this Article, I have listed out 5 Project Research and materials on international financial reporting standards (IFRS) for students undergoing Final Year Project Research.
IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
The broad objective of the study is to examine the relevance of IFRS to Small and Medium Scale Enterprises in Nigeria with particular emphasis on Small and Medium Enterprises in Benin metropolis.
Specifically, the objective of this study are to:
1. Ascertain whether SMEs in Nigeria are aware of the introduction of IFRS for SMEs.
2. Determine whether SMEs in Nigeria have already adopted 1FRS for SMEs.
3. Investigate if IFRS for SMEs are relevant to Small and Medium Enterprises in Nigeria.
TO GET COMPLETE PROJECT MATERIAL (CHAPTER 1-5, REFERENCE, ABSTRACT) visit: http://sprojectng.com/downloads/impact-of-international-financial-reporting-standards-ifrs-on-small-and-medium-scale-enterprises-in-nigeria

THE IMPACT OF INTERNATIONAL FINANCIAL STANDARDS (IFRS) ON THE QUALITY OF FINANCIAL STATEMENTS (A CASE STUDY OF FIRST BANK PLC)
This study sets out to examine whether the impact of International Financial Reporting Standards (IFRS) in Nigeria has improved the quality of financial reporting in First Bank of Nigeria Plc. Nigeria adopted IFRS, and then referred to as International Accounting Standards (IAS), in 1999 through a resolution by the Council of the Institute of Certified Public Accountants of Nigeria (ICPAN), the legally mandated accounting institute in Nigeria The objective of the study is to find out the following:
1. To examine the impact of IFRS on quality of financial statement in First Bank of Nigeria Plc.
2. To examine whether the International Financial Reporting Standards (IFRS) in Nigeria has improved the quality of financial reporting in First Bank of Nigeria Plc.
3. To find out role the of IFRS play in banking institutions in Nigeria.
4. To determine whether IFRS adoption and implementation has been made positive impact in Nigeria.
TO GET COMPLETE PROJECT MATERIAL (CHAPTER 1-5, REFERENCE, ABSTRACT) visit: http://sprojectng.com/downloads/the-impact-of-international-financial-standards-ifrs-on-the-quality-of-financial-statements-a-case-study-of-first-bank-plc

AN INVESTIGATION INTO THE CHALLENGES OF IFRS ADOPTION AND IMPLEMENTATION AMONGST SMALL AND MEDIUM SCALE ENTERPRISE OPERATORS IN NIGERIA
Small and medium scale enterprises are the engine that drives most economies of the world. Their importance to the economy of Nigeria cannot be overlooked. SMEs activities-both international and local have contributed immensely to the gross domestic product in the economy as they participate in manufacturing, importation, exportation, employment
The main aim of the study is to investigate the challenges facing the adoption and implementation of the IFRS amongst small scale enterprise owners in Ikeja, Nigeria. Specific objectives of the study are:
1. To determine the level of awareness of IFRS guidelines amongst SME operators in Ikeja.
2. To examine the extent to which IFRS is adopted by small and medium scale enterprises in Ikeja, Lagos state.
3. To ascertain the challenges of implementation of the IFRS guidelines for SMEs by Small and Medium Scale Enterprises in Ikeja, Lagos state.
TO GET COMPLETE PROJECT MATERIAL (CHAPTER 1-5, REFERENCE, ABSTRACT) http://sprojectng.com/downloads/investigation-into-the-challenges-of-ifrs-adoption-and-implementation-among-small-and-medium-scale-enterprises-operators-in-nigeria/.
THE IMPACT OF IFRS ON THE SERVICE DELIVERED BY PRICE WATER HOUSE COOPERS (PWC) LAGOS, NIGERIA
As the business world becomes closer in its financial and trade ties, many countries are moving towards International Financial Reporting Standards (IFRS), common accounting rules that define how transactions should be reported and what information should be disclosed in financial statements (IASB, 2007). This unitary set of standards has solved many problems while creating others. However, this study is examining the impact of ifrs on the service delivered by price water house coopers (pwc) Lagos, Nigeria
The following are the objectives of this study:
1. To examine the impact of IFRS on the quality of service delivered by Price water house coopers
2. To examine the level of compliance with the IFRS disclosure principles by companies in Nigeria.
3. To identify the problems associated with IFRS disclosure in organizations in Nigeria
TO GET COMPLETE PROJECT MATERIAL (CHAPTER 1-5, REFERENCE, ABSTRACT) http://sprojectng.com/downloads/the-impact-of-ifrs-on-the-service-delivered-by-price-water-house-coopers-pwc-lagos-nigeria/
5THE EFFECTS OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) IN NIGERIA: A TEST OF FINANCIAL STATEMENT QUALITY

Globalization of markets requires a unified global accounting, reporting and disclosure sets of standards. As a result of increasing volume of cross border capital flows and growing number of foreign direct investments in the globalization era, the need for the harmonization of different practices in accounting and the acceptance of worldwide standards has risen. This has led to either convergence or adoption of the international financial reporting standards in countries across the globe including Nigeria (Adejola, 2012). Financial statements apart from stating the financial position and performance of an organization, provides other information such as the value added, changes in equity if any and cash flows of the enterprise within a defined period of time to which it relates (Iyoha and Faboyede, 2011).
The main objective of the study was to investigate the effect of IFRS in Nigeria; a test of financial statement quality. Other specific objectives were to:
(i) Examine the extent of IFRS familiarity by accountants, auditors and other experts in auditing firms.
(ii) Investigate whether accountants, auditors and other experts have different perspectives about IFRS readiness.
(iii) Assess whether auditors, accountants and other experts have different perception regarding enhancement of financial reporting quality through the adoption of IFRS. TO GET COMPLETE PROJECT MATERIAL (CHAPTER 1-5, REFERENCE, ABSTRACT): http://sprojectng.com/downloads/the-effects-of-international-financial-reporting-standards-ifrs-in-nigeria-a-test-of-financial-statement-quality-2


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