This study sets out to determine the effects of global changes in the financial regulatory framework on accounting profession in Nigeria and to provide a model that would guarantee high quality and reliable financial reports. Descriptive statistics was applied using modified Barth et al, (2007), residual from regression equation to determine difference between pre and post adoption of IFRS era across Size, Eissue, Liability, Dividend, Disuse, turn, cash flow. Annual accounts data were drawn from company's website and Nigeria Stock Exchange. Analysis was done using Univariate Analysis of variance (UAV) to test the hypothesis. Result indicates that The descriptive statistics report with all the variables send mixed signals as to whether the adoption of IFRS in Nigeria will significantly promote the goal of accountability and transparency in Nigeria corporate firms and whether the choice of existing accounting techniques by professional Accountants in Nigeria has been significantly influenced by the changes in Global regulatory frameworks. In view of this, the researcher recommends that as the There should be enlightenment campaigns on the potential consequences for non-compliance of IFRS implantation by the regulatory authorities on professional bodies, corporate, government agencies and other stakeholders in order to ensure adherence to the procedures, and corporate bodies should also endeavour to use the opportunity of the adoption of IFRS
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