THE EFFECT OF FINANCIAL ACCOUNTING REPORTING ON THE MANAGEMENT OF A BUSINESS (A CASE STUDY OF EMENITE LTD)

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ABSTRACT

Effort is made to access the effect of formal accounting reporting on the management of a business financial accounting covers those activities related to the preparation of certain reports which are known as financial statements. These statement report the financial status of a firm at a particular time. The firms activities and resulting profit/losses during the most recent period and the flow of resources occurring within the firm during the same period.

I draw my research from the work of many authors. Such work done have included textbooks in all forms, magazine and Encyclopedias.

Apart from extensive use of literature, other method of research include (a) interview with businessmen. (b) Questionnaires have been designed and distributed to some businessmen (especially at trade fair). The questionnaires have been designed for officers in management cadre in public and private companies, shareholders, staff, partners and owners in sole proprietorship

TABLE OF CONTENT

Title page ii

Approval page iii

Dedication iv

Acknowledgement v

Abstract vi

Table of content vii

CHAPTER ONE

1.0 Introduction 1

1.1 Statement of problem 3

1.2 Purpose of the study 3

1.3 Significant of the study 4

1.4 Statement of Hypothesis 5

1.5 Scope of the study 6

1.6 Limitation of the study 7

1.7 Definition of terms. 8

CHAPTER TWO

2.0 Review of Related Literature 11

2.1 Accounting as a language of business 11

2.2 Users of accounting information 13

2.3 Characteristics of good information 17

2.4 Management of information 19

2.5 Basic accounting concept 25

2.6 The financial accounting branch 25

2.7 Other accounting branches. 27

CHAPTER THREE

3.0 Research design and methodology 30

3.1 Sources of data 31

3.2 Sample Size 32

3.3 Method of investigation 32

CHAPTER FOUR

4.0 Data presentation and analysis. 36

4.1 Data presentation and analysis. 36

4.2 Test of hypothesis. 43

CHAPTER FIVE

5.0 Summary of findings, conclusion and recommendation. 50

5.1 Findings 50

5.2 Conclusion 51

5.3 Recommendation 53

Bibliography 55

Appendix 57

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THE EFFECT OF FINANCIAL ACCOUNTING REPORTING ON THE MANAGEMENT OF A BUSINESS (A CASE STUDY OF EMENITE LTD)

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