ABSTRACT
This research project was designed to look into the problems and prospect associated with choice implementation and disclosure of accounting policies in public liability companies in Nigeria and its relationship with shareholder investment and the returns on such investments. This study was prompted by the fact that corporate disclosure is an inevitable activity such that the need to render a true and fair view of financial statements by management of resources owners (shareholders) who have entrusted them with limited resources. The literature review analyzed the stages of department though corporate disclosure has undergone and the need to identify most reliable accounting decision policies adopted by the firm. The possible disclosure techniques and what influences such disclosure techniques. The economic and political implication of accounting policy disclosures was also put into consideration. The research design used in the study involves the use of questionnaire and the policy statement of one sample limited liability companies. A total of 20 questionnaires items was developed and 50 questionnaires were distributed to members of management and staff of the company. The responses were tabulated and data were analyzed using the simple percentage method and the chi-square statistical analysis for accuracy. The result of the analysis showed that there are problem existing in the disclosure of accounting policies as well as defined prospects. The analysis also showed that there is a direct relationship between the accounting policies developed and adopted by a firm and the return on investment of shareholder.
TABLE OF CONTENTS
Title i
Approval ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of contents vii
Chapter One - Introduction
1.1 Background of the study 1
1.2 Statement of problem 3
1.3 Objective of the study 4
1.4 Research Question 5
1.5 Research Hypothesis 6
1.6 Significance of the study 6
1.7 Scope of the Study 8
1.8 Limitation of the Study 8
1.9 Definition of Terms 8
1.10 History of Beta Glass Plc 10
Chapter Two - Literature review
2.1 Introduction 12
2.2 Accounting Policy Formulation 13
2.3 Conceptual Basic of Accounting and Policy Disclosure 15
2.4 Accounting Policies and Disclosure Techniques 21
2.5 Disclosure of Accounting Policies and its Economic/
Political Implication 25
2.6 Major Accounting Policies 27
2.7 Application of Accounting Policies in Beta Glass Plc 29
Chapter Three - Research methodology
3.1 Introduction 34
3.2 Research Design 34
3.3 Population and Sample Size 35
3.4 Instrument of Data Collection 35
3.5 Reliability of the instrument 36
3.6 Validation of the Instrument 36
3.7 Method of data collection 36
3.7 Data analysis 33
3.8 Statistical Data Analysis 37
Chapter Four - Data Analysis and Interpretation
4.1 Data presentation 38
4.2 Data Analysis and Discussion 38
4.3 Hypothesis Testing 38
Chapter Five - Summary conclusion and recommendation
5.1 Summary 47
5.2 Conclusion 48
5.3 Recommendation 49
References 52
Appendix 53
