THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY


PAGES: 75
FORMAT: MS WORD
Chapters: 1-5
PRICE: ₦ 5,000.00

THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY   

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgment

TABLE OF CONTENT

CHAPTER ONE

1.0 Introduction

1.1 Background of the study

1.2 Objective of the study

1.3 Statement of the problem

1.4 Scope/Limitation of the study

1.5 Significance of the study

1.6 Definition of the terms

CHAPTER TWO

2.0 Literature review

2.1 Introduction 

2.2 Purpose of accounting reports

2.3 Objective of financial statement

2.4 Parties interested in financial statement

2.5 Constituent of accounting report

2.6 Method of interpretation or analysis of accounting report

2.6.1 Ratio analysis

2.6.2 Type of ratio

2.7 Application of accounting ratio

2.8 Significant of accounting ratio

2.9 Limitation of ratio analysis

CHAPTER THREE

3.0 Research methodology

3.1 Introduction

3.2 Brief Historical background of Guinness Nigeria Plc

3.3 Questionnaire design and assumptions

3.4 Research instrument and techniques

3.5 Conduct of the field work

CHAPTER FOUR

4.0 Data presentation and analysis of findings

4.1 Introduction

4.2 Analysis

4.3 Test of Hypothesis

4.4 Interpretation of findings

CHAPTER FIVE

5.0 SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Introduction

5.2 Summary

5.3 Recommendation

5.4 Bibliography

CHAPTER ONE

1.0 INTRODUCTION

1.1 An account report consists of items that are contained in the annual report of a company, these reports are also termed “financial statements” these reports are necessary and compulsory in any business organization, they show the true and fair position of such company at a given period of time. They are usually on annual basis and they provide information to the user of the report to give an informed judgement about a company. these report include the profit and loss account, which show the profit that is and for whole year before and after tax and also a profit is to be retained in the business, they also include the balance sheet which is the statement of asset and liabilities included in the financial report are:

a. statement of source and applications of funds

b. value added statement

c. auditors report

e. five years financial summarize (etc)

Not only the management directing the affairs of the company but also by the shareholders in order to measure the performance of the management needs, these accounting reports therefore, accounting has been defined “as the process of identifying, measuring and communicating economic information to enable  it users to make necessary decision and judgment, public company as it will be throughout this study will refer to public limited liability whose shares are quoted in the stock exchange market”.

Various users including owners, managers, creditors, government agencies, employees, supplier, tax authority etc are interested in the financial statement of a company. these entire group are interested in the ability of a company to pay its debts as at when due and to earn a reasonable amount of income. These deal concept or objectives of a company are referred to as factors of “insolvency and profitability”. A company who fails to meets the standard expected of him by the creditors on timely basis likely to experience difficult in obtaining credit which will eventually lead to a deadline in its profitability similarly, a company whose earning is lower than those of its competitors is likely to be at a disadvantage in obtaining new capital from stockholders. Accounting report are of great important to any company.

With reference to the specific problem to be addressed as highlighted below in 1.3 it is necessary to provide a premise for the justification of this study unto usefulness of various accounting report to a company.

Since accounting report also known as financial report is part of the annual report that is expected of a company i.e. public judgment will be made, it is necessary to undertake this study in order to know how to interpret the various reports and their usefulness for a long time, it has been compulsory to prepare an annual report. From which we have various account reports used by a company in evaluating itself. Thus, this study will attempt to appraise the usefulness of accounting report to the public company and their various interpretation, it would also attempt to know the usefulness of these accounting reports to various users since their objectives are different.

1.2 OBJECTIVES OF THE STUDY

The aim of this studies to examine the usefulness of accounting report its affect in a public company and the reason why it is necessary.

Discussion so far in this study have shown the importance of accounting reports to public company in terms of providing information, which will enable the users to give reasonable judgment in the account of the company.

This study will try to ascertain what extents the accounting report have been to help users to give judgment. It would also show various instruments that are used in interpreting that financial statements. This study will also try examine the various information contain in the various accounting report.

1.3 STATEMENT OF THE PROBLEM

This study is specifically undertaken to examine the contribution and usefulness of accounting report to a public company it should be noted that information provide by the various accounting report sometimes might not be accurate thereby causing a setback in its ability to give informed judgment.

This study will also attempt the examinations of various instruments used to give interpretations to this accounting reports.

In order to show this liquidity position of company and show how solvent it is therefore, it shall examine:

i. Whether accounting reports are eventually useful to the public company.

ii. Whether the various information’s provided there is factual of factious.

iii. Whether the information provided has a constraint

iv. Whether the tools used in analyzing actually give good result.

1.4 SCOPE OF THE STUDY AND LIMITATION

The focal point of this study is to examine the various accounting reports kept by public company such as Guiness Nigeria Plc, lighting the usefulness of these accounting reports and there characteristics. The scope of this study restricted to it Lagos office of Guiness Nigeria plc. This due to the fact that they keep the same accounting record.

This study will not deal with anything beyond accounting report and its usefulness. Tool used in interpreting these accounting reports will limit to be restricted to the barest minimum it will limit to the lagos office due to constraint of time and the distance of other branches of Guiness Nigeria plc. In Benin, Aba etc.

1.5 SIGNIFICANT OF THE STUDY

The study is significant in as much as it attempt to achieve the objectives spelt out in (section 1-4) in other words the significance are:

a. To know the various accounting report used by a public company.

b. To know the extent of its fullness

c. To know the report are being evaluated for an informed judgment to be given by the users.

1.6 DEFINITION OF TERMS

In this study various terms will be used in other to give a true knowledge of the research work these terms are analyzed below.

a. Expenses: This is cost, which has being expenditure in the production of revenue referred to as an overhead cost.

b. Balance sheet: this is a statement of account which show the true financial position of the business entity in a giving the detailed summary of the assets and owner equity for a given period.

c. Dividend: this is referred to as the contribution paid to the shareholders as a specific amount per share of capital stock.

d. Financial statement: this is an accounting report which summarizes the financial position and operating result of a company.

e. Owners: this is the amount of owners operation of transaction which has been net investment plus profits from successful retained in the business.

.



TYPE IN YOUR TOPIC OR KEYWORD AND CLICK SEARCH:






HOW TO GET THE COMPLETE PROJECT MATERIAL ON THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY

  • * Click the green DOWNLOAD button above

    * Select any option to get the complete project material instantly.

    * Chat our 24/7 customer service desk on WhatsApp# and get your complete project material instantly.

    * All project materials on this website are well researched by professionals with high level of professionalism.


TESTIMONIES FROM OUR CLIENTS

Please feel free to carefully review some written and captured responses from our satisfied clients.


  • Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

    "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."


  • Hilary Yusuf, United States International University Africa, Nairobi, Kenya.

    "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"


  • Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.

    "Researchwap.com is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.com" and God bless you and your business! ."


  • Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.

    "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."


  • Sampson, University of Nigeria, Nsukka.

    "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."


  • Cynthia, Akwa Ibom State University .

    "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."


  • Elizabeth, Obafemi Awolowo University

    "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."


  • Ali Olanrewaju, Lagos State University.

    "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."


  • Willie Ekereobong, University of Port Harcourt.

    "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"


  • Theressa, Igbinedion University.

    "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 5k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"


  • Joseph, Abia state Polytechnic.

    "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."


  • Christiana, Landmark University .

    "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"


  • Musa, Federal University of Technology Minna

    "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."


  • Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.

    "I was scared at first when I saw your website but I decided to risk my last 5k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."


  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.
    Thank you for choosing researchwap.com.

FREQUENTLY ASKED QUESTIONS

  • How can I get the complete project on THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY

    Simply click on the DOWNLOAD green button above and follow the procedure stated.


    Is it a complete project work or just materials?

    Yes, it's a Complete Research Project material. i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data


    What if I want to change the case study for THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY , What can i do?

    Chat with Our 24/7 Customer Service Desk Now: WhatsApp# and you will be responded to Instantly


    How long does it take to get the complete project on THE USEFULNESS OF AN ACCOUNTING REPORT IN A PUBLIC COMPANY ?

    Depending on how fast your payment and details is acknowledged by us, you will get the complete project within 30 minutes. However, on a very good day you can still get it within 15 minutes!


    How will I get my complete project?

    The Complete Project Material will be Delivered via your Email Address in an MS Word document format


    Can I get my Complete Project through WhatsApp?

    Yes! We also send your Complete Research Project to your WhatsApp Number


    What if my Project Supervisor made some changes to a topic i picked from your website?

    Call or Chat With Our 24/7 Custumer Care Desk: +2348037664978 and you will be responded to Instantly


    Do you assist students with Assignment, Term Paper, Seminar and Project Proposal?

    Call or Chat With Our 24/7 Custumer Care Desk: +2348037664978 and you will be responded to Instantly


    What if i do not have any project topic idea yet?

    Don't Worry! We've Got Your Covered. Chat with us on WhatsApp# to Get Instant Help.


    Why should I trust this website?

    We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "TOPNOTCH INFOTECH ENTERPRISE". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!


    I have a fresh topic that is not on your site. How do I go about it?

    Don't Worry, Chat with us on WhatsApp# (+234) 0803-766-4978 to Get Instant Help.