Abstract

This paper investigates the extent of disclosure by firms complying with IAS 1. The key relationships examined are between extent of disclosure and company size, profitability, liquidity, leverage and auditor size. The results of the disclosure level, mean of 60.9%, indicate that most of the firms listed on the Ghana Stock Exchange did not overwhelmingly comply with the IAS 1 disclosure requirements.  The result of the multiple regression analysis shows that only liquidity is associated on a statistically significant level as far as the extent of disclosure is concerned.  The results did not provide support for a positive relationship between company size, profitability, leverage and auditor size.

Key words: International Accounting Standards, mandatory disclosure, Ghana.