The concept of fair value is the most fundamental innovative principle introduced by international financial reporting standards (IFRS) since its emergence in 2003. The concept invariably involves judgments and therefore remains susceptible to controversies and inconsistencies. This study set out to assess the implication of fair value predictive on the financial reports in seleted construction companies in Nigeria. The decision-useful theory, an interdisciplinary approach which determines how decisions are made given an unknown and uncertain decision environment, underpins the study. Primary data which the reseachers obtained from ten out of the seventeen construction companies with head of
Download