FAIR VALUE ACCOUNTING AND ITS IMPACT ON FINANCIAL STATEMENTS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study investigates the impact of fair value accounting on financial statements in Enugu State, Nigeria. The objectives are to: (1) assess the effect of fair value measurements on asset and liability valuations, (2) analyze the impact on earnings volatility, and (3) evaluate stakeholder perceptions of fair value accounting. A survey design was adopted to collect data from accountants and financial managers. The sample size was determined using Taro Yamane's formula to ensure statistical robustness. Nigerian Breweries Plc was selected as the case study due to its adoption of fair value accounting. The reliability coefficient score of the survey was 0.85. Findings indicate that fair value accounting significantly affects asset and liability valuations, leading to increased earnings volatility. Stakeholder perceptions are mixed, with some appreciating the transparency and others concerned about volatility. It is recommended that companies in Enugu State enhance their understanding and implementation of fair value accounting to balance transparency and financial stability.
Related Project Materials
REGULATING SOCIAL MEDIA AS A WAY OF CHECKING HATE SPEECH IN NIGERIA
BACKGROUND OF THE STUDY
The emergence of globalization has made the world a global village as proposed...
AN ASSESSMENT OF IMPACT OF TAX INCENTIVE ON THE PERFORMANCE AND PRODUCTIVITY AND PROFITABILITY OF MANUFACTURING FIRMS IN NIGERIA
Background Of The Study
Industrialization culminates in the long-term maintenance of firm production. I...
EFFECT OF TRAINING AND DEVELOPMENT ON EMPLOYEES PRODUCTIVITY
ABSTRACT
This study examines the impact of Training and development on effective performance of workers in Yaba Local Go...
EXAMINATION OF INTEGRATED GROUP BASED MASTERY LEARNING MODEL AND ITS EFFECT ON SOCIAL STUDIES STUDENT ACHIEVEMENT
Background of the study
Recent socio-political and economic developments in the world and within nations have resulted i...
THE THEORY OF ARTS AND AESTHETICS, A REALITY TO CONTEMPORARY SOCIETY: KANTIAN APPROACH
ABSTRACT
This study explores the theory of arts and aesthetics, a reality to contemporary society: Kantian approach. In...
GENETIC VARIABILITY STUDIES OF SOME NIGERIAN SOYBEAN (GLYCINEMAX(L) MERRIL) ACCESSIONS
ABSTRACT
Soybean is a very important leguminous seed crop; known for its highly valued proteinandoilowingto its use in food, feed and ind...
THE ROLE OF COMMERCIAL BANKS IN THE FACE OF A DEPRESSED ECONOMY (A CASE STUDY OF FIRST BANK NIGERIA PLC)
ABSTRACT
The Study investigated the role of commercial banks in the face of a depressed economy. The ob...
AN EMPIRICAL VALIDATION OF BEGINNING READING SKILLS FOR NIGERIAN PRIMARY SCHOOLS USING THREE STRUCTURED METHODOLOGIES
ABSTRACT
This study examined the empirical validation of beginning reading skills for Nigerian primary schools using three structured met...
THE ROLE OF RADIO ON RURAL DEVELOPMENT: A STUDY OF NASARAWA BROADCASTING STATION LAFIA
ABSTRACT
This study was carried out on the role of Radio on rural development: A study of nasarawa...
THE CAUSES, EFFECTS AND SOLUTIONS OF RESIDENTIAL BUILDING COLLAPSE IN NIGERIA
ABSTRACT
This study was carried out on the residential building collapse in Nigeria: causes, effects a...
