Skip navigation
st. Mary's University Institutional Repository St. Mary's University Institutional Repository

Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/6903
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTSEGAYE, ASTER-
dc.date.accessioned2022-04-26T06:09:24Z-
dc.date.available2022-04-26T06:09:24Z-
dc.date.issued2021-12-
dc.identifier.uri.-
dc.identifier.urihttp://hdl.handle.net/123456789/6903-
dc.description.abstractThis study aims to assess the benefit and challenges of International Financial Reporting Standards (IFRS) adoption in Ethiopian Construction Design and Supervision Works Corporation, by adopting a descriptive research type and a survey research design for the research design. In addition, a mixed or pragmatic research approach was applied. Furthermore, sampling for small population size is determined taking the whole finance department staff for interview and questionnaire distributions. The questionnaire data were analyzed using descriptive statistics and data from interview were interpreted qualitatively. Statistical analysis was undertaken on the resulting data through SPSS version 20 model and accordingly major outputs have been found. The followings are the findings from the analysis. Implementing IFRS in the ECDSWC will provide several significant benefits, including lower capital costs, increased transparency and understandability, easier foreign investment and financing, more consistent and appropriate financial statements, better information for decision-making, and an improved audit system. Therefore, the top management and decision maker of ECDSWC need to adopt IFRS financial reporting which increase the benefits of adoption of IFRS. Furthermore, employee in the corporation needs the knowledge, skills, and tools to do their duties. Regular training programs in the form of workshops and seminars need to be organized by management for employees and management staff as well as to improve their skills and knowledge. Beyond this, to enable a smooth implementation process, impact assessment, planning & designing, realization and data conversion should be recommended for effective implementation.en_US
dc.language.isoenen_US
dc.publisherST. MARY’S UNIVERSITYen_US
dc.subjectFinancial Reporting Standards, Challenges, Financial Statementsen_US
dc.titleASSESSMENT OF BENEFITS AND CHALLENGES OF IFRS IMPLEMENTATION (THE CASE OF ETHIOPIAN CONSTRUCTION DESIGN AND SUPERVISION WORKS CORPORATION (ECDSWC))en_US
dc.typeThesisen_US
Appears in Collections:Accounting and Finance

Files in This Item:
File Description SizeFormat 
Aster Tsegye Research December 2021 1.pdf537.35 kBAdobe PDFView/Open
Show simple item record


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.