Welcome to Jollertex Computer

Get Your Project Materials

EFFECT OF FIRM CHARACTERISTICS ON FINANCIAL REPORTING QUALITY OF LISTED FOOD AND BEVERAGES FIRMS IN NIGERIA

EFFECT OF FIRM CHARACTERISTICS ON FINANCIAL REPORTING QUALITY
OF LISTED FOOD AND BEVERAGES FIRMS IN NIGERIA

CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
The prime role of accounting and accountants in any economy is to summarize, classify and report the economic activities of an economic entity. That is, financial reporting is the output of the existing accounting system, and decisions and judgments of those responsible for the preparation and presentation of the financial statements. Financial reporting is therefore expected to provide information about a firm‟s financial performance and position during a period, and about how management of a firm has discharged its stewardship responsibility to owners (Financial Accounting Standard Board, 2008; International Accounting Standard Board, 2008). The main objective of financial reports according to IASB (2008) is to provide information that is useful to present and potential investors and creditors and other users in making rational investment, credit, and similar decisions. FASB added that the information provided by financial reports should be comprehensible to those who have a reasonable understanding of business and economic activities and are willing to study the information with reasonable diligence.

Statement of the Problem
The sudden collapse of large corporate entities in the last two decades, which are linked with accounting scandals at Microstrategy, Waste Management Inc., WorldCom, Informix, Sunbeam Corp., Cendant Corp., Mckesson HBO, Rite-Aid, Enron, Cadbury, and Oceanic bank, has captured the attention of all the stakeholders, especially regulators and investors (Felo, Krishnamurthy & Solieri, 2003). This has also weakened the confidence of potential and existing investors in the corporate governance and the financial reports (Biddle, Hilary & Verdi, 2009). It also prompted the search for the factors responsible for a reliable and high financial reporting quality around the globe.

How to get complete project materials


Step 1: make payment of N2,000 to the below bank details


NAME:                       TITUS AYANI SOLA
BANK:                       FIRST BANK PLC
ACCT NO:                  3111741042
ACCOUNT TYPE:       SAVINGS
AMOUNT:                  N2000

NAME:                       TITUS AYANI SOLA


BANK:                       GTB BANK
ACCT NO:                  0262412831
ACCOUNT TYPE:       SAVINGS

STEP 2: AFTER PAYMENT SEND THE PROJECT TOPIC AND YOUR EMAIL ADDRESS TO 08063666753

CLICK ON THE IMAGE BELOW TO REQUEST FOR MATERIAL

Updated: 10th December 2018 — 10:33 am

Leave a Reply

Your email address will not be published.

+ 42 = 46

Welcome to Jollertex Computer © 2019 Frontier Theme
Translate »