Sale!

The Effect of Financial Reporting on the Management of a Business

3,000.00

If you are interested in getting this project material The Effect of Financial Reporting on the Management of a Business, click on the DOWNLOAD BUTTON to make payment and the file will be delivered to your email immediately after confirmation.

Description

– The Effect of Financial Reporting on the Management of a Business –

Download The Effect of Financial Reporting on the Management of a Business. Students who are writing their projects can get this material to aid their research work.

Introduction

1.1 Background of the Study

Financial report provides an overview of a business profitability and financial condition in both short and long term. They are necessary sources of accounting information about companies for wide variety of users. In every business, there are needs for information.

This information needs ranges from financial, production, marketing etc. Generally, the larger the organization the greater the management need information. Financial report plays a vital role in decision making process of business organizations.

The main purpose of financial reports is the provision of financial information as a record making. It has been said that accounting is the language of business. It might also be said that the ability to apply accounting knowledge is vital to the success of a business: A business prepares various report at the end of each fiscal period.

This report summarizes the changes that have taken place during the period. For this financial report to be useful, the data have to be presented in such a way that the user will recognize, Similarities, differences and trends form one period to another to enable them make decisions.

The accounting information contained in the financial reports enables management to make more useful decisions.

Financial report should provide adequate information in all areas of an organization and economic activities; it should be able to disclose clearly the nature and accurate accounts of the transactions fund shows a true and 2 fair view of the financial position of the organization to be ascertained.

Financial reports serve a lot of useful purpose to different users namely, shareholders, Creditors, Banks, government agents, employees, potential investors and the management of the entity.

The above identified groups of persons rely on the information supplied by the given firm through financial reporting in which they have interest to ascertain the state organization‟s of affairs which serves as important guide in deciding the extent to which they commit their fund.

It is the “communication of financial information useful for decision making such as investment, credit and other business decisions” such include, general. Purpose financial statement, balance sheet, equity report, cash flow reports and notes to these statements.

1.2 Statement of the Problem

The problem of this research is that, the management does not know the various ways of presenting financial accounting reporting, which often affects managerial decision making.

There are no proper allocation of resources of the organization which leads to non-achievement of the profit maximization objective. Also the inability of the management to recruit trained and professional personnel, as a result, the quality of the decision made by this organization are very poor.

1.3 Significance of the Study

The significance of this study is that, it shows the effect of financial reports in the operation of the organization.

This research is beneficial to internal and external users of financial report. The financial of this research will help managers determine the method of financial needs that will help in realization of their corporate objectives.

The study will help the management to know the experts (accountants) that will be able to prepare an annual report that will enable the management to make well-informed decision that will enhance profit maximization.

It will enable the external users to know whether the organization is 3 making profit in coder to invest more. Thi0s study will also serve us resource material for other researchers for further research in related areas.

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

Reviews

There are no reviews yet.

Be the first to review “The Effect of Financial Reporting on the Management of a Business”

Your email address will not be published. Required fields are marked *