Association between Corporate Attributes and Extent of Compliance with Accounting Standards Disclosures by commercialized federal Government enterprises in Nigeria

Description

Download Association between Corporate Attributes and Extent of Compliance with Accounting Standards Disclosures by commercialized federal Government enterprises in Nigeria. Business Administration students who are writing their projects can get this material to aid their research work.

Abstract

Prior studies’ findings on accounting disclosures showed diverse relationships between accounting disclosures and firm attributes.

Similarly, the Report of the Auditor-General for the Federation on Audited Financial Statements of commercialised enterprises indicated that these enterprises complied partially with the disclosure requirements of relevant accounting standards in preparing financial statements in Nigeria.

The objective of this research therefore, was to confirm or refute the findings of these prior studies and the reports of the Auditor-General.

To achieve this, the study examined the relationship between extent of compliance with accounting standards disclosures and firm size, leverage, liquidity, audit firm size, professional qualification, and firm effects using the audited accounts of commercialised Federal Government enterprises in Nigeria.

The theoretical framework linking disclosure practices to corporate attributes and firm effects of commercialised enterprises was based on four theories- agency, stewardship, stakeholders, and resource dependence theories.

Introduction

The increase in the collapse of businesses has been attributed to the failure of accounting standards to disclose misrepresentations in accounts which results from complex accounting methods used for earnings determination and assets valuations (Mack, 2002).

For instance, at the international level, the collapse of Enron in 2001 was blamed on Enron’s complex business model and unethical practices of management which led to the company‟s use of accounting limitations to misrepresent earnings and modify the balance sheet to indicate favourable performance (Mack, 2002; Zakaree, 2013).

These misrepresentations were intended to conceal insider dealings and related party transactions in financial reports. This later resulted in the bankruptcy of the company (Healy & Palepu, 2001).0

In Nigeria, Cadbury (1992) reported that the dwindling fortunes of government companies in the 1980s and the collapse of banks and other listed companies in the 1990s were caused by insider dealings and lack of disclosure of related party transactions in financial reports.

Alabi, Onimisi & Enete (2010) observed that this situation led to the reforms of the public sector which included privatisation and commercialisation of public enterprises and the introduction of new accounting standards in the accounting and auditing systems of these enterprises.

How to Download this Project Material

First, note that we are one of the best and most reliable online platforms because we don’t retain any of your personal information or data as regards making payments online.

PRICE: ₦3,500 ₦3,000  (Three Thousand Naira Only)

Make a bank deposit or mobile transfer of ₦2,000 only to the account given below;

---

Bank Name: UBA
Account Number: 1022564031
Account Name: TMLT PRO SERVICES

---

After making the payment, CLICK HERE to send the following on WhatsApp;

• Depositor’s Name or Screenshot of Payment
• Name of the Past Question
• Active Email Address

---

or Call Us On +2348082284439

Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp within 5 Minutes.

Guarantee of Getting the Material 

We understand that due to the high rate of fraud, many people are afraid of making purchases online but be rest assured that PastExamQuestions will deliver your material after payment.

Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp.

Give us Feedback

Have we been able to satisfy you? How well do you think the material will be helpful after having gone through it? Does the price worth the material? Let’s hear from you!

We recommend that our customers give feedback at the end of every transaction to enable us to serve better. You can do this by clicking the review button on this page.

Where is the review button? >> Just scroll up to where you see reviews