Abstract:
This research explores the role of management discretion in financial reporting in Lagos State, Nigeria. The objectives are to: (1) evaluate the impact of management discretion on financial statement accuracy, (2) assess the influence on stakeholder trust, and (3) analyze the potential for misstatements. A survey design was chosen to gather data from corporate managers, auditors, and financial analysts. The sample size, calculated using Taro Yamane's formula, ensures statistical significance. Nestlé Nigeria Plc was chosen as the case study due to its reputed management practices. The reliability coefficient score of the survey was 0.88. Findings indicate that while management discretion can enhance financial reporting flexibility, it also poses risks for financial misstatements and can impact stakeholder trust. It is recommended that companies in Lagos State implement checks and balances to mitigate the risks associated with management discretion in financial reporting.
BACKGROUND TO THE STUDY
Western education is a system originated from the west and penetrated to the world after Islamic...
BACKGROUND TO THE STUDY
Investment inflow, particularly foreign investment is perceived to have a...
It is widely known that taxation is a source of revenue to the government and it is also a coercive exploration to the payers. It is also an instru...
ABSTRACT
This study analyses the effect of customer relationship management on organizational performan...
Abstract: This research investigates the impact of social media on adult education engagement. The study aimed to explore how social media pla...
ABSTRACT
The importance of dissertation writing towards sustaining academic and intellectual culture cannot be overemphasised. However, t...
ABSTRACT
The concept, unemployment is better mentioned than experienced. Our country, Nigeria, is hard hit with the problem of unemployme...
ABSTRACT
The study examined teenage pregnancy and the awareness of dangers of teenage pregnancy employed by Tee...
Abstract: This study investigates the role of art and creativity in enhancing early childhood education (ECE...
ABSTRACT
This research was carried out to investigate the Awareness and Use of Open Access Institutional Repositories by Academics in Fed...