ABSTRACTThis investigation is outlined to evaluate the impact of IFRS adoption on the Nigeria accounting system as the country joins the rest of the world in embracing the application of IFRS in fiscal (l.e financial) reporting.It examined the origin of IFRS to be able to understand what the whole idea is all about, it looked at the standard setting body, the process before a standard is promulgated as well as the body charged with the responsibility of interpreting the standards in the event...