Keywords

nflation Accounting, Financial Reporting, Economic Development, Regulatory Framework.

Abstract

This study examines the relationship among inflation, accounting responses, investment, regulatory compliance and economic development in Nigeria. It uses secondary data from official macroeconomic sources and selected corporate reports and applies descriptive statistics, correlation analysis and Ordinary Least Squares regression. The reported results show a negative association between inflation and GDP per capita, while accounting response, investment and regulatory compliance have positive associations with economic development. The study recommends stronger inflation-sensitive disclosures, improved enforcement and professional capacity, while recognising that IAS 29 applies only where its hyperinflation criteria are met.

Author Bio

Dr. Ihiovi Ojo Jimoh (Associate Professor) is a Reader in the Department of Local Government and Development Studies, Ahmadu Bello University, Zaria. He holds a B.Sc. in Accounting, an M.Sc. in Accounting and Finance from Ahmadu Bello University, and a Ph.D. in Accounting from the Nigerian Defence Academy, Kaduna. With over a decade of teaching and research experience, he specializes in Public Sector Accounting, Research Methodology, and Project Management. He has supervised numerous undergraduate and postgraduate students, published extensively in reputable journals, and participated in local and international academic conferences.

Publication Title

Bullion

Issue

Volume

First Page

Last Page

Recommended Citation

Ihiovi, Jimoh Ojo (2026) "ACCOUNTING RESPONSE TO INFLATION AND ITS IMPLICATION ON ECONOMIC DEVELOPMENT IN NIGERIA," Bullion: Vol. 50: No. 2, Article 2.
DOI: https://doi.org/10.33429/0331-7919.1641
Available at: https://dc.cbn.gov.ng/bullion/vol50/iss2/2

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