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The Determinants Of Ifrs Adoption By Smes
This Work Was Carried Out Successfully With The Support Of Some Persons And I Wish To Express My Innermost Gratitude To Them All. First And Foremost Appreciation Goes To God Almighty For The Grace And Strength Together With Wisdom And Knowledge To Carry Out This Thesis Successfully. I Would Like To...
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| Format: | Thesis |
| Language: | English |
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knust
2025
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| _version_ | 1867613136956162048 |
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| access_status_str | Open Access |
| author | Oriana Badiebo Akudago |
| author_browse | Oriana Badiebo Akudago |
| author_facet | Oriana Badiebo Akudago |
| author_sort | Oriana Badiebo Akudago |
| collection | Thesis |
| description | This Work Was Carried Out Successfully With The Support Of Some Persons And I Wish To Express My Innermost Gratitude To Them All.
First And Foremost Appreciation Goes To God Almighty For The Grace And Strength Together With Wisdom And Knowledge To Carry Out This Thesis Successfully.
I Would Like To Acknowledge My Parents Who Supported Me With Encouragement, Love And Understanding. Without You I Could Never Have Come This Far And Achieve This Level Of Success.
To My Husband For Your Continual Support Financially, And Physical Presence For The Family While My Academic Thesis Demands Took Most Of My Time Day And Night. Thank You For Your Unweaving Support.
I Would Like To Defray My Indebtedness Of Gratitude To My My Supervisor, Dr Joseph Oscar Akotey For The Guidance, All The Advice, Recommendations, Admonishments And Support Throughout. God Bless You.
And Finally To The Businesses Who Willing Assisted With Information And Also Answered My Questionnaire, I Say Thank You. |
| format | Thesis |
| id | oai:ir.knust.edu.gh:123456789/16132 |
| institution | KNUST (Ghana) |
| language | English |
| last_indexed | 2026-06-10T12:31:21.331Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | knust |
| publisherStr | knust |
| record_format | dspace |
| source_str | KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| spelling | oai:ir.knust.edu.gh:123456789/16132 The Determinants Of Ifrs Adoption By Smes Oriana Badiebo Akudago This Work Was Carried Out Successfully With The Support Of Some Persons And I Wish To Express My Innermost Gratitude To Them All. First And Foremost Appreciation Goes To God Almighty For The Grace And Strength Together With Wisdom And Knowledge To Carry Out This Thesis Successfully. I Would Like To Acknowledge My Parents Who Supported Me With Encouragement, Love And Understanding. Without You I Could Never Have Come This Far And Achieve This Level Of Success. To My Husband For Your Continual Support Financially, And Physical Presence For The Family While My Academic Thesis Demands Took Most Of My Time Day And Night. Thank You For Your Unweaving Support. I Would Like To Defray My Indebtedness Of Gratitude To My My Supervisor, Dr Joseph Oscar Akotey For The Guidance, All The Advice, Recommendations, Admonishments And Support Throughout. God Bless You. And Finally To The Businesses Who Willing Assisted With Information And Also Answered My Questionnaire, I Say Thank You. The World Has Become A Global Economy, And Smes Are Also Becoming Increasingly Global. This Requires That Their Finances Are Presented In Such A Way That It Reflects International Standards. The Study Therefore, Explored The Available Conditions Which Necessitate Smes To Adopt And Apply The Various Ifrs In Their Business Operations And Their Effectiveness. The Study Was Cross-Sectional And Adopted A Quantitative Approach Which Involves The Generation Of Data In Quantitative Form. The Study Population Included The Business Owners, Their Accountants, Finance Managers And Auditors Of Smes. Specifically, The Study Focused On Main Stream Smes And Auditing Firms. Using The Purposive Sampling Technique, 57 Smes Were Selected As A Sample For The Study. The Data Was Analyzed With Both Descriptive And Inferential Analysis. Based On The Research Results, The Adoption Of Ifrs Was Very Beneficial In The Smes Sector. There Was Positive Relationship Between Ifrs Adoption And Improvement In The Smes Sector Such That 34.5% Variation Of Improvement In The Smes Sector Is Explained With The Adoption Of Ifrs. The Implementation Of Ifrs Is Affected By Several Factors Including Ownership Structure, Profitability, Perception Of Ifrs, Requisite Knowledge And Skills, Stakeholder Pressure, Pressure From Competitors And Pressure From Regulatory Bodies. These Factors Predict 75.4% Variation Of Ifrs Adoption Was Explained By These Factors. There Are However, Challenges To The Effective Implementation Of Ifrs In The Smes Sector. The Results Indicate That The Highest Ranked Challenge Was The Heterogeneous Nature Of Work In The Smes; Followed By Confliction Of Ifrs Standards With Certain Accounting Principles, Non-Commitment Of Management To Ifrs Implementation And Time Consuming Nature Of Ifrs. Averagely, The Level Of Ifrs Adoption Among The Smes Was High With Arguments Supporting The Decision For Certain Assumptions And Estimates; Highlighting Both The Positive And Negative Events; Providing Information On Corporate Governance; And Presenting The Report In A Well-Organized Manner. It Is Recommended That Regulatory Bodies Such As Bank Of Ghana, And Security And Exchange Commission Need To Intensify The Education Of Smes To The Possible Benefits And The Need To Implement Ifrs. In This Way, Management Would Be More Convincing To Incorporate Ifrs Standards Such As Inclusion Of Non-Financial Information And Provision Of Feedback To Users On Market Events 2025-02-05T13:44:42Z 2025-02-05T13:44:42Z 2021-02 Thesis https://ir.knust.edu.gh/handle/123456789/16132 en application/pdf knust |
| spellingShingle | Oriana Badiebo Akudago The Determinants Of Ifrs Adoption By Smes |
| title | The Determinants Of Ifrs Adoption By Smes |
| title_full | The Determinants Of Ifrs Adoption By Smes |
| title_fullStr | The Determinants Of Ifrs Adoption By Smes |
| title_full_unstemmed | The Determinants Of Ifrs Adoption By Smes |
| title_short | The Determinants Of Ifrs Adoption By Smes |
| title_sort | determinants of ifrs adoption by smes |
| url | https://ir.knust.edu.gh/handle/123456789/16132 |
| work_keys_str_mv | AT orianabadieboakudago thedeterminantsofifrsadoptionbysmes AT orianabadieboakudago determinantsofifrsadoptionbysmes |