1 ADRRI JOURNAL OF ARTS AND SOCIAL SCIENCES ISSN: 2343-6891 VOL. 17, No. 6(5), July, 2020-September, 2020 Published by Africa Development and Resources Research Institute ADRRI JOURNAL OF ARTS AND SOCIAL SCIENCES ADRRI JOURNALS (www.adrri.org) E-ISSN: 2343-6891 VOL. 17, No. 6 (5), July, 2020- September, 2020 Does value relevance drive better accounting data by adopting International Financial Reporting Standards? Evidence from Fan Milk Ghana Ltd Benjamin Yeboah 1 , Debrah Ofori 2 , Samuel Addo-Paintsil 3 and Charlotte Kwarteng Ananiampong 4 1,3 Kumasi Technical University, Business School, Department of Accountancy and Accounting Information Systems, Box 854, Kumasi, Ghana 2,4 Department of Accounting Studies, College of Technology of Education, University of Education, Winneba, Ghana 1 Correspondence: benjabinyeboah@yahoo.com; Tel: +233 207661888 Available Online: 30 th September, 2020 URL: https://www.journals.adrri.org/ Abstract This paper focuses on examining the value relevant relationship between accounting data and the IFRS adoption in a data of Fan Milk Ghana Ltd. We employ the ordinary least squares regression technique in testing the relationship between accounting data and IFRS adoption. The analysis of data collected evidence and show that, overall results under IFRS implementation of Fan Milk Ltd depict a quality information content of earnings and dividend to explain their share prices. This paper is limited to data availability of several firms. The findings would be of interest to those charged with governance of Fan Milk and other manufacturing firms in Ghana that have adopted IFRS. Keywords: accounting data, IFRS, value relevance, Fan Milk Ghana Ltd [Cite article as: Yeboah, B., Ofori, D., Addo-Paintsil, S. and Ananiampong, C. K. (2020). Does value relevance drive better accounting data by adopting International Financial Reporting Standards? Evidence from Fan Milk Ghana Ltd. ADRRI Journal of Arts and Social Sciences, Ghana: Vol. 17, No.6 (5), Pp.1-21, E-ISSN: 2343-6891, 30 th September, 2020.] Received: (May 26, 2020) Accepted: (September 30, 2020)