Assessment Of Ifrs On Quality Of Financial Statement: A Case Study At Ethio Telecom

Abstract

The main purpose of this study is to assess the impact of International Financial Reporting Standard (IFRS) on the quality of financial reporting in Ethio Telecom using qualitative characteristics of accounting information such as: Relevance, Understandability, Comparability, and Faith Representation. In order to achieve the research objectives, the researcher adopted a descriptive research design. Structured questionnaires were used to gather data from the targeted group of the study, where the random sampling technique was employed to draw a sample of 108. the data was collected through primary and secondary source of data. The primary data was collected through questionnaire and secondary data was from different source of documents. The data was analyzed using STATA (version 13.0) statistical software package. The finding of the study reveals that; the quality of financial report which is measured through (relevance, understandability, comparability and faith representation) improved the financial statement of Ethio Telecom.