0704-883-0675     |      dataprojectng@gmail.com

THE USEFULNESS OF ACCOUNTING STANDARD IN THE PREPARATION OF FINANCIAL STATEMENT

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This study is on usefulness of accounting standard in preparation of financial statement using Guinness Nigeria plc as case study. Specifically, the study examined  the effects of the accounting standards on the Nigerian economy.the study also determine the extent of compliance of the financial statement in the accounting standards. The study further  examine the benefits or uses of the accounting standards in the preparation of financial statement. And lastly  the study  find out how accountants can enhance themselves in the use of accounting standards. The study employed the survey descriptive research design. A total of 77 responses were validated from the survey. From the responses obtained and analyzed, the findings revealed that Guinness (Nig) Plc has shown high degree of compliance with disclosure requirements of Accounting Standards, irrespective of size, profitability, leverage and age. The study hereby  recommend that the National Accounting standards setting body (NASB) should endeavor to issue high quality accounting standards. To ensure high quality standards and practicability of the same, exposure drafts should be circulated to those who will really apply the standard to make inputs before the final issue.





Related Project Materials

THE CAUSES AND EFFECT OF COVID 19 ON EDUCATION IN NIGERIA  

ABSTRACT

This study examined the causes and effect of Covid-19 on education in Nigeria. This study was guided by the following objectives...

Read more
THE ROLE OF NIGERIAN INSURANCE INDUSTRY IN THE PROMOTION OF CAPITAL MARKET SERVICES

ABSTRACT

This project is one the topic titled “The Role of Nigerian Insurance Industry in the Promotion of Central...

Read more
THE INFLUENCE OF YOUTH UNEMPLOYMENT ON NIGERIAN SOCIETY

BACKGROUND OF THE STUDY

It is impossible to place too much emphasis on the problem of young unemploymen...

Read more
DESIGN AND IMPLEMENTATION OF A WEB BASED SYSTEM THAT WILL LINK FARMERS TO BUYERS

INTRODUCTION

Agriculture sector in Nigeria is considered a major contributor to economic growth and dev...

Read more
THE EFFECT OF BUDGETING AND BUDGETARY CONTROL ON ORGANIZATION PERFORMANCE

Abstract

The purpose of the study was to carry out a preliminary investigation on budgetary control and improved perform...

Read more
AN ASSESSMENT OF THE ATTITUDE OF TEACHERS TOWARDS GUIDANCE AND COUNSELLING PROGRAMMES IN SECONDARY SCHOOLS

ABSTRACT

This study is aimed at identifying an assessment of the attitude of teachers towards guidance...

Read more
FACTORS RESPONSIBLE FOR PUPILS’ DROPOUT AND ACHIEVEMENT IN PRIMARY SCHOOL

ABSTRACT

The main purpose of the study was to examine the factors responsible for pupil’s dropout...

Read more
EFFECT OF MOTIVATION ON THE PRODUCTIVITY OF EMPLOYEES IN THE NIGERIAN INSURANCE INDUSTRY

ABSTRACT

This study was carried out on the effect of motivation on the productivity of employees of ins...

Read more
ECONOMIC ANALYSIS OF CATFISH PRODUCTION IN KUJEAREA COUNCIL OF THE FEDERAL CAPITAL TERRITORY, ABUJA,NIGERIA

ABSTRACT

 

This study examined the profitability and efficiency of catfish production in Kuje Area Counci...

Read more
THE ROLE OF FOOD SCIENCE IN HUMAN NUTRITION: A CASE STUDY OF JUNIOR SECONDARY SCHOOLS IN YOBE STATE  

ABSTRACT

In a nutshell, food science is the scientific study of food from the period of harvesting, processing, storage...

Read more
Share this page with your friends




whatsapp