Assets valuation and its effect on the financial statements of a manufacturing company - case study of Nigeria Bottling Company Department: Accountancy By: chesco1 Project ID: 4995 Rating: (5.0) votes: 1Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThis study examines the assets valuation and its effect on the financial statement of a manufacturing company using Nigeria Bottling company as a case study. Assets that represent the worth of the organization occupy a unique position in making the financial statement a valuable vehicle for providing information to various economic users. The following objectives are examined to analyze the accounting policy on assets valuation with emphasis on the various methods of valuing them of NBC Plc. To appraise situations where two or more of these relevant valuation concepts are in conflict and one overrides the application of the other. The descriptive method was adopted and used with a population of 150 for the findings. It reveals from the findings that the effects of such methods on the financial statement and most importantly on the equities and obligation represent the basic methods available for such valuation and requirements of such valuation in terms of disclosure. We recommend that the National Accounting Standard board should provide an alternative to the present assets valuation methods that report the effect of inflation and changes in specific prices. ...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»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»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 )