The role of accounting concepts and convention in financial reporting Department: Accountancy By: khonegraph Project ID: 2625 Rating: (3.1) votes: 16Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe research work"The roles of accounting concept and convention in financial report (a case study of Nigeria breweries Plc, Lagos)" basically aims at ascertaining how financial accounting reporting has helped in advancing the objective of corporate organization. In the process, it investigated how the affected financial accounting bears on the performances 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 organization. The study obtained its data basically from primary and secondary sources. The primary sources of data collecting 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 lot 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- compliances to relevant statues. There were recommendations given such as strict compliance to the relevant statues 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. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )