South Africa has become the first country in the world to adopt the International Accounting Standards Board's proposed International Financial Reporting Standards for Small and Medium-sized Entities in its exposure draft form as a transitional standard for limited interest companies without...

We examine the value relevance of inflation-adjusted (IA) and historical cost (HC) amounts in a hyperinflationary economy. Using a unique dataset drawn from annual reports of firms listed on the Zimbabwe Stock Exchange from 2000–2005, we find that both sets of amounts are value relevant but HC...

Purpose – The purpose of this paper is to investigate transition road map problems encountered by the Nigerian authorities in moving from local Statements of Accounting Standards (SAS) to International Financial Reporting Standards (IFRS). Design/methodology/approach – A postal questionnaire...