Impact Of International Financial Reporting Standard (ifrs) Adoption On The Financial Performance Of An Organisation: A Case Of Guinness Ghana Breweries

ABSTRACT The globalization of the world‟s economy and markets led companies and nations to become world global players. Before the adoption of International Financial Reporting Standards (IFRS), different countries developed their own national accounting standards. However, movement of business toward global economy brought challenges in comparability, objectivity, reliability, understandability among others. In view of this, this paper attempts to assess the impact of International Financial Reporting Standard adoption on financial performance of organizations and to the extent at which finan…