Abstract:
International Financial Reporting Standards {IFRS) is a standard where financial reporting, that
is gaining momentum worldwide and was a single consistent accounting framework which has
become of value to Generally Accepted Accounting Practice (GAAP) . The purpose of this study
was to investigate the effect of International Financial Reporting Standards disclosures of firms
"as based on some selected banks in Ernbu County. The study was guided through the following
objectives; change in accounting quality of the firms through use of variables such as earnings
management and timely loss recognition, also a measure the performance of the firms based on
changes in financial ratios of the firm this relates to the profitability .growth .leverage and liquidity
performance. The aim of the study was trying to establish the negative and positive effects of I FRS
on organizational performance.
