Download Tag: FINANCIAL STATEMENTS


THE EFFECTIVENESS OF ACCOUNTING SOFTWARE IN THE PREPARATION OF FINANCIAL STATEMENTS

Abstract Many businesses, organizations, and non-governmental organizations (NGO) have established the use of computers and accounting software that will aid in the creation of various books of accounts, such as the general ledger, accounts receivable, accounts payable, and inventory control, which will aid in the creation of financial statements. Larger businesses may decide to use a tailored solution that combines a significant amount of data from numerous departments. Select an ...

Read more

EFFICIENCY OF ACCOUNTING SOFTWARE’S IN THE PREPARATION OF FINANCIAL STATEMENTS

ABSTRACT The study focuses on assessing the impact of the use of Accounting software in the preparing financial statement of commercial banks in Nigeria. The centre of attention was on three commercial banks namely GT bank, FCMB and First Banks; all in the Benin City, Edo State. A stratified sampling technique was used to select this sample. The Banks were stratified as follows: computerized and networked bank computerized but not ...

Read more

PREPARATION OF FINANCIAL STATEMENTS AND THE NIGERIAN ACCOUNTING STANDARD

PREPARATION OF FINANCIAL STATEMENTS AND THE NIGERIAN ACCOUNTING STANDARD CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY In the past decade business environment undergoes a number of significant changes. A great evolution has taken place in the management operation and their responsibilities on meeting these dynamic changes. Financial statements are formulated by legal and regularized institutions within a country and also globally. The purpose of these statements is to ...

Read more

ROLES OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS

ABSTRACT The research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member ...

Read more

THE IMPACT OF AUDIT REPORT ON THE USERS OF FINANCIAL STATEMENTS

ABSTRACT Auditing therefore, is one of recent professions established as a result of complexity of modern business people have entered into contractual relationship with one another the desire to ensure and accuracy and reliability of the financial statement has always existed the divagation of public treasure and the collapse of business being to create doubt as to the effective nears of audit report and its contribution to economic development. Being ...

Read more

THE ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING

ABSTRACT The research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member of staff ...

Read more

THE USEFULNESS OF ACCOUNTING STANDARDS IN THE PREPARATION OF FINANCIAL STATEMENTS

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY There has been quite a lot of criticisms in recent years about accountants and the financial report which they prepare. A lot of people have had to question the validity of the profit measuring procedures applied in arriving at the profit measuring procedures applied in arriving at the profit disclosed in the published accounts. Consequently, the profession has found it necessary to ...

Read more

ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS

ABSTRACT THE RESEARCH TOPIC OF THIS STUDY IS “THE ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISIONS” – A STUDY OF SELECTED BANKS IN ENUGU METROPOLIS. THE PURPOSE IS TO IDENTIFY THE RELATIONSHIP BETWEEN FINANCIAL STATEMENT AND INVESTMENT DECISIONS, AND THE IMPACT OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING AND ALSO TO KNOW IF INVESTMENT DECISIONS DEPENDS SOLELY ON FINANCIAL STATEMENT. THE STUDY POPULATION IS 125 PERSONS WHO ARE THE MEMBER ...

Read more

INVESTORS RELIANCE ON FINANCIAL STATEMENTS

CHAPTER ONE INTRODUCTION 1.1      Background of the study According to America Accounting Association, Accounting is the process of identifying, measuring, and communicating economic information to permit informed judgment and decisions by users of information. From this definition, it can be seen that the main objective of accounting is to provide economic information that will enable the users to make decisions. According to Patrick .A. Casabona (2006), Investors and creditors throughout the ...

Read more

THE ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS

Abstract The research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member of staff ...

Read more

ANALYSIS OF FINANCIAL STATEMENTS AS AN AID TO MEANINGFUL INVEST DECISION MAKING

1.0     INTRODUCTION Decision making is not the core of every investment activity.  A decision is a choice between two or more alternatives.  The implementation of meaningful decision gives way for achievement of investment goals and objectives while implementation of wrong decision positively give rise to investment failure. The ultimate objectives for investment are profit maximization and growth thus it becomes necessary that capital decision have to be made and ...

Read more

THE USEFULNESS OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF COMPANIES AND IN GUIDING INVESTMENT DECISIONS

CHAPTER ONE 1.0     INTRODUCTION: 1.1       BACKGROUND OF THE STUDY: A company’s financial statements are analyzed internally by management and externally by investors and creditors. Management analysis of financial statements primarily relates to parts of the company which enables management to plan, evaluate, and control operation within the company.  Investors and creditors generally focus their analysis of financial statements on the company as a whole, which helps them decide whether to ...

Read more

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1       Background of the Study Financial Analysis is the process of assessing the financial position of a company by analyzing its stability, viability and profitability. One of the primary objectives of financial analysis is to recognize changes in financial trends, to help measure the progress made by an enterprise and identify a relationship to draw a logical conclusion on the performance of the company. Another major aspect ...

Read more