THE USEFULNESS OF ACCOUNTING STANDARDS IN THE PREPARATION OF FINANCIAL STATEMENTS (A CASE STUDY OF GUINESS NIGERIA PLC)

  • Type: Project
  • Department: Accounting
  • Project ID: ACC2081
  • Access Fee: ₦5,000 ($14)
  • Pages: 85 Pages
  • Format: Microsoft Word
  • Views: 1.2K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
ABSTRACT
The most common report from external use are the financial statement included in the annual report to shareholders (owners) and potential investors.  These financial statements are prepared to confirm with “generally accepted accounting principles” such “principles” have evolved over time or have been made acceptable by decree from official rule making body.

Accounting principles result from an essentially political process.  The government through the Securities and Exchange Commission (SEC) prescribes the methods of accounting profession through its board, Nigeria Accounting Standards Boards also issue statements of accounting standards as guide for prepares of financial statements.

In explanation of the above, the researcher examined the usefulness of the statement produced by the accounting profession’s organ (NASB) and how they are being complied with, its achievements and problems, hypothesis was also conducted.

Chapter five, discussed the findings of the study.  It was discovered from the findings that accounting standards application in preparing financial statement have came to conclusion that it contributes numerously not to the company – Guinness (Nig) Plc, Enugu also on the nation’s economy as a whole.
 
TABLE OF CONTENTS
Cover page
Title page
Approval page
Dedication
Acknowledgement
Abstract 
Table of content

CHAPTER ONE
1.1 INTRODUCTION
1.2 Background Of The Study
1.3 Statement Of The Problem 
1.4 Purpose of the study
1.5 Scope Of The Study
1.6 Statement of hypothesis 
1.7 Scope and limitation of the study
1.8 Definition of terms

CHAPTER TWO
2.1 REVIEW OF RELATED LITERATURE
2.2 Historical development of accounting standards
2.3 Users of accounting standards
2.4 The making of accounting standards
2.5 Application and compliance 
2.6 Usefulness/benefits of standards

CHAPTER THREE
3.1 Research design and methodology
3.2 Population and sample size
3.3 Sources of data
3.4 Data collection techniques

CHAPTER FOUR
4.1 PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA
4.2 Presentation and analysis of data
4.3 Interpretation of data
4.4 Test of hypothesis

CHAPTER FIVE
5.1 FINDINGS, CONCLUSION AND RECOMMENDATION
5.2 Findings
5.3 Conclusion
5.4 Recommendation
Bibliography
Appendices (questionnaires) 

THE USEFULNESS OF ACCOUNTING STANDARDS IN THE PREPARATION OF FINANCIAL STATEMENTS (A CASE STUDY OF GUINESS NIGERIA PLC)
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC2081
  • Access Fee: ₦5,000 ($14)
  • Pages: 85 Pages
  • Format: Microsoft Word
  • Views: 1.2K
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC2081
    Fee ₦5,000 ($14)
    No of Pages 85 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT The most common report from external use are the financial statement included in the annual report to shareholders (owners) and potential investors.  These financial statements are prepared to confirm with “generally accepted accounting principles” such “principles” have evolved over time or have been made acceptable by decree... Continue Reading
    ABSTRACT The most common report from external use are the financial statement included in the annual report to shareholders (owners) and potential investors. These financial statements are prepared to confirm with “generally accepted accounting principles” such “principles” have evolved over time or have been made acceptable by decree from... Continue Reading
    ABSTRACT The most common report from external use are the financial statement included in the annual report to shareholders (owners) and potential investors. These financial statements are prepared to confirm with “generally... Continue Reading
    THE USEFULNESS OF ACCOUNTING STANDARDS IN THE PREPARATION OF FINANCIAL STATEMENTS  ABSTRACT The most common report from external use are the financial statement included in the annual report to shareholders (owners) and potential investors.  These financial statements are prepared to confirm with “generally accepted accounting principles”... Continue Reading
    PROPOSAL The aim of this project is to dial on the issue of external auditors independence, which has been a major concern of various financial information users and external auditors. This research work will lay emphasis on advisory role of external auditors on general business commitment, which will come in the form of preparation of accounts,... Continue Reading
    PROPOSAL The aim of this project is to dial on the issue of external auditors independence, which has been a major concern of various financial information users and external auditors. This research work will lay emphasis on advisory role of external auditors on general business commitment, which will come in the form of preparation of accounts,... Continue Reading
    AN APPRAISAL OF THE USEFULNESS OF THE INDEPENDENCE OF EXTERNAL AUDITORS IN THE PREPARATION OF OBJECTIVE FINANCIAL STATEMENTS (A CASE STUDY OF SHELL PETROLEUM DEVELOPMENT COMPANY) PROPOSAL The aim of this project is to dial on the issue of external auditors independence, which has been a major concern of various financial information users and... Continue Reading
    TABLE OF CONTENT Title page Approval page Dedication Acknowledgement CHAPTER ONE Introduction 1.1            Statement of problem of accounting standards 1.2            How accounting standard come to be in the developed world... Continue Reading
    CHAPTER ONE INTRODUCTION 1.0.      Introduction This study was about the efficiency of accounting softwares in the preparation of financial statements in selected banks in Benin City, Edo State. The chapter presented the background of the study, statement of problem, objectives of the study, research questions, and the significance of the... Continue Reading
    ABSTRACT By the author: Aniabari Charley. The study was undertaking to determine the extent of relationship between international financial reporting standards (IFRS) and the preparation and presentation of financial statements having selected banks in Rivers State Nigeria as study units. Given the above, the purpose of the study was to... Continue Reading
    Call Us
    whatsappWhatsApp Us