CORPORATE REPORTING REGULATION IN ECOWAS STATES

Abstract

The move to improve commerce comes with the need to look at the corporate reporting aspect of commerce. This study examines the state of corporate reporting regulation among the ECOWAS member states. The research is descriptive in nature, by attempting to describe existing regulatory environment in corporate reporting. The population of study is made up of all the member states of the ECOWAS community. We found out that more that 50% of the countries studied are selective with the adoption if IFRS and that only Nigeria has shown serious commitment to regulating sustainability reporting in the region. 

It can be concluded from the findings that regulatory bodies in the ECOWAS community have realized the need for regulation of corporate reporting of business organisations, however greater attention is paid only to the financial reporting at the expense of non financial reporting like the sustainability reporting.