A. S. OMOYE

This study was concerned with the adoption of International Financial Reporting Standards (IFRSs) in Nigeria and specific stakeholders in the Nigerian financial landscape. This study adopted a cross-sectional survey design. The population consisted of 500 investors and accountants in Benin City and a sample size of 225 investors in publicly listed companies and accountants which was selected using convenience sampling techniques enabling easy gathering of primary data with minimal resources. The hypotheses were tested using analysis of variance (ANOVA). The findings from the study shows that the adoption of International Financial Reporting Standards (IFRSs) has a significant impact on the quality of investment decision-making in the Nigerian financial landscape, that there is need for improvement in the roles played by regulatory bodies in the implementation of IFRSs in Nigerian financial landscape, and that the accounting profession and academia play a crucial role in developing competent accountants for the proper implementation of IFRSs in Nigerian financial landscape. Based on the findings, recommendations were made, such as formulation and enforcement of comprehensive regulations for IFRSs implementation by government regulatory agencies, the accounting profession should be primarily involved in development of accountants knowledgeable in IFRSs, and ensuring compliance with the IFRSs by the preparers of financial statements. This can enable Nigeria to leverage the full benefits of adopting and implementing international Financial Reporting Standards in Nigeria. The findings of this study also confirmed some previous studies.