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The Financial Reporting Council (FRC) of Nigeria, formerly the Nigerian Accounting Standards Board (NASB), is an organization charged with setting accounting standards in Nigeria. On Thursday, 6 May 2021, Shuaibu Adamu Ahmed was inaugurated by the Minister of Industry, Trade and Investment, Adeniyi Adebayo, as the Executive Secretary/Chief ...
Nigeria adopted international accounting standards with little modification. [5] It is a member of the International Accounting Standards Committee (IASC) and periodically adopts its standards. Any deviation from these standards must be disclosed in the company's financial statements. [6]
He said that the Nigerian Accounting Standards Board (NASB) Act 2003 said that only the board could set standards for the accounting profession. [20] In June 2010 Mr. Godson Nnadi, Executive Secretary of Nigeria Accounting Standards Board, spoke in favor of a new body to set accounting and auditing standards for Nigeria and other African nations.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Nigerian_Accounting_Standards_Board&oldid=441516530"
Accounting Standards Committee of Germany (ASCG, in German: DRSC) [4] India. National Advisory Committee on Accounting Standards with the aide and advice of Institute of Chartered Accountants of India and Institute of Cost Accountants of India; Iran. Accounting Standards Board [5] Malaysia. Malaysian Accounting Standards Board [6] Malta ...
This is a list of the International Financial Reporting Standards (IFRSs) and official interpretations, as set out by the IFRS Foundation. It includes accounting standards either developed or adopted by the International Accounting Standards Board (IASB), the standard-setting body of the IFRS Foundation.
Svetlana Dali, the woman accused of stowing away on a flight from New York to Paris, was arrested again, according to the FBI.
The NAA is an academic society aimed at advancement of the accounting discipline and accounting profession in Nigeria. [3] Members are usually members of the Association of National Accountants of Nigeria (ANAN) and/or the Institute of Chartered Accountants of Nigeria (ICAN). [4] NAA is a member of the Financial Reporting Council of Nigeria. [5]