The Impact Of Cultural Factors On The Implementation Of Global Accounting Standards Ifrs In Nigeria

  CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY As globalization increases at a blistering pace, more and more business entities continue to get involved in cross-border capital investments (Napier, 2009). A considerable cost can be applied to these types of transaction for the translation of financial statements prepared under dissimilar accounting guidelines into a comparable form. There exist a multiple number of accounting systems that create these dissimilarities, because accounting is a language of business that has been created by society to provide information as to …