In recent times, the significance of fair value in financial reporting is gaining
momentum and current debates are moving in the trend of full fair value reporting.
Small and medium-sized entities are not let off in this instance. The move to new
reporting standards results in numerous challenges for diverse interest groups such
as auditors, preparers and regulators. The main objective of the study was to
establish the fair value implementation challenges facing SMEs in the agricultural
sector in Ghana.
This study established that, in Ghana, commodity markets do not exist and that
farmers do not have access to market information. The study also established that
there is high IFRS implementation cost, inadequate training and education for
preparers of financial statements and academic education not focusing on agricultural
accounting. In light of these challenges, the study recommends improving capacity
building through user training and education and establishment of commodity
markets. / Financial Accounting / M. Phil. (Accounting Sciences)
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:uir.unisa.ac.za:10500/22816 |
| Date | 12 1900 |
| Creators | Agyemang, Joseph Kwasi |
| Contributors | Wingard, H. C., van Rooyen, Annelien |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Dissertation |
| Format | 1 online resource (xvi, 206 leaves) : color illustrations |
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