ABSTRACT
The research work “The impact of Financial Accounting Reporting on the corporate performance of Business Organizations”, basically aims at
ascertaining how financial accounting reporting has helped in advancing the objectives of corporate organizations. In the process, it investigated the
effected that financial accounting bear on the performance of a business.Furthermore, if sought to ascertain the compliance of relevant statues by
corporate organizations and the overall satisfaction of stakeholders in a corporate organizations. The study obtained its data basically from primary
and secondary sources. The primary sources of data collection employed were questionnaire, oral interview and observations, while the secondary
sources of data included textbooks, journals. in the analysis of the data collected, the chi-square was used to analyze the responses gathered. The
study revealed that a loot of problems were inherent in financial reporting ranging from non-disclosure of vital information, subjective judgments of
prepares of the financial information and most times non-compliance to relevant statues. There were recommendations given such as strict
compliance to the relevant statute were made to the companies, the government needs to strengthen its regulatory agencies in order to ensure
that the financial statements show a “true and fair view and comply with the relevant statues at all times.
TABLE OF CONTENTS
Title page ---------------------------------------------------------------------- ii
6
Certification: ----------------------------------------------------------------- -- iii
Dedication: ---------------------------------------------------------------------- iv
Acknowledgment: ------------------------------------------------------------- -v
Abstract: ---------------------------------------------------------------------------vi
Table of contents: --------------------------------------------------------------vii
CHAPTER ONE: INTRODUCTION
1.1 Background of The Study: ---------------------------------------------1
1.2 Statement of The Problem: -------------------------------------------- 3
1.3 Objective of The Study: ------------------------------------------------ -4
1.4 Research Hypotheses: -------------------------------------------------- 6
1.5 Significance of The Study: ----------------------------------------------7
1.6 Scope of The Study : ----------------------------------------------------- 8
1.7 Limitation of The Study: ---------------------------------------------------8
1.8 Definition of Terms: --------------------------------------------------------- 9
1.9 reference: ------------------------------------------ --------------------------10
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 Overview of the financial Accounting System: -----------------------11
7
2.2 Financial Accounting Records: -------------------------------------------11
2.3 The Subsidiary Books the General Journal (proper) ----------------12
2.4 Source Document: -----------------------------------------------------------17
2.5 The Ledgers: ------------------------------------------------------------------- 19
2.6 Classification of Accounts: ---------------------------------------------------19
2.7 The Trial Balance: --------------------------------------------------------------20
2.8 The Trading Profit and Loss Account: -------------------------------------20
2.9 The Balance Sheet: ------------------------------------------------------------21
2.10 Principles and Assumption Underlying Financial Standards: --------21
2.11 Accounting Standards: --------------------------------------------------------28
2.12 Controversial Issue in Financial Accounting Reporting: --------------31
2.13 Cross Sectional Analysis of Selected Companies in Enugu State: -36
2.14 Brief History of the Companies: ---------------------------------------------36
References: ---------------------------------------------------------------------------- 45
CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design: --------------------------------------------------------------47
3.2 Sources of Data: --------------------------------------------------------------- 48
3.3 Method of Data Collection: ---------------------------------------------------50
3.4 Determination of Population Size: -------------------------------------------51
3.5 Determination of Sample Size: -----------------------------------------------51
8
3.6 Method of Administration and Questionnaire: -----------------------------52
3.7 Method of Date Analysis: ------------------------------------------------------ 53
3.8 Decision Rule: ---------------------------------------------------------------------54
Reference: --------------------------------------------------------------------------------56
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND
INTERPRETATION
4.1 Date Presentation: ---------------------------------------------------------------57
4.2 Data Analysis: -------------------------------------------------------------------- 58
4.3 Hypothesis Testing: -------------------------------------------------------------69
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND
RECOMMENDATIONS
5.1 Summary of Findings: ---------------------------------------------------------- 84
5.2 Conclusion: ------------------------------------------------------------------------85
5.3 Recommendation: ----------------------------------------------------------------86
Bibliography:-------------------------------------------------------------------- ---87
Appendices: -----------------------------------------------------------------------89
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2016, 01). The Impact Of Financial Accounting On The Corporate Performance Of Business Organization [a Case Study Of Nigerian Breweries Plc].. ProjectStoc.com. Retrieved 01, 2016, from https://projectstoc.com/read/7036/the-impact-of-financial-accounting-on-the-corporate-performance-of-business-organization-9236
"The Impact Of Financial Accounting On The Corporate Performance Of Business Organization [a Case Study Of Nigerian Breweries Plc]." ProjectStoc.com. 01 2016. 2016. 01 2016 <https://projectstoc.com/read/7036/the-impact-of-financial-accounting-on-the-corporate-performance-of-business-organization-9236>.
"The Impact Of Financial Accounting On The Corporate Performance Of Business Organization [a Case Study Of Nigerian Breweries Plc].." ProjectStoc.com. ProjectStoc.com, 01 2016. Web. 01 2016. <https://projectstoc.com/read/7036/the-impact-of-financial-accounting-on-the-corporate-performance-of-business-organization-9236>.
"The Impact Of Financial Accounting On The Corporate Performance Of Business Organization [a Case Study Of Nigerian Breweries Plc].." ProjectStoc.com. 01, 2016. Accessed 01, 2016. https://projectstoc.com/read/7036/the-impact-of-financial-accounting-on-the-corporate-performance-of-business-organization-9236.
- Related Works
- Causes And Effects Of Tax Evasion And Avoidance On The Economy (a Case Study Of Board Of Internal Revenue In Abia State)
- The Influence Of Religion And Occupation On The Perception Of Family Planning In The Nigeria Educational System
- Determinants Of Transparency In Corporate Financial Reporting In Nigeria
- The Effect Of Accounting Information System (ais) On Organizational Productivity Of Firm (case Study Of Some Selected Construction Firms In Oyo State)
- An Evaluation Of The Need For Accounting Record In A Small Scale Business Enterprise In Nigeria (a Case Of Study Emaz Supermarket, Situated At No 106 Oba Adesida, Road Akure)
- The Impact Of Commercial Banks On Rural Transformation In Nigeria. An Assessment Of Selected Banks In Nigeria
- Impact Of Job Training And Development On Employees Performance
- Bad Financial Performance And Inability To Deliver Value To Customers On Time.
- Impact Of Auditing In Detecting And Controlling Fraud In Nigeria Banking Industry
- Does Finance Benefit Society?