Site Logo E-PROJECTTOPICS

COMPARATIVE VALUE RELEVANCE OF ACCOUNTING INFORMATION FOR CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS IN LISTED FINANCIAL SERVICE FIRMS IN NIGERIA


📑


Presented To


Administration Department

📄 Pages: 95       🧠 Words: 10276       📚 Chapters: 5 🗂️️ For: PROJECT

👁️‍🗨️️️ Views: 343      

⬇️ Download (Complete Report) Now!

ABSTRACT
In a company with a group structure, financial information is presented in two folds; via the consolidated and separate financial statements. The availability of the same class of information in two different statements carrying two differing figures may be confusing. Therefore, the investors and other financial information users having the two differing information available to them need to be guided as to which set(s) of information to base their decisions and predictions on. This study aims to provide evidence about the comparative value relevance of accounting information for consolidated and separate financial statement of listed financial service firms in Nigeria. The study described value relevance theories and was based on signaling theory, decision usefulness theory and equity value theory. The study population is the entire listed financial services firms throughout the period 2012- 2016. Accounting information was represented by earnings per share, book value per share, dividend per share and cash flow per share; these proxies were regressed against the market price per share. Data for accounting information were sourced from the annual reports of sampled firms and market prices from Nigerian stock exchange fact book. A census sampling was used after a 3-point filter was applied to the original population. It was found on the overall that both consolidated and separate accounting information were value relevant. However, consolidated accounting information was found to be more value relevant than the separate accounting information. The study therefore recommends the strengthening of firms' operations, reevaluation of the dividend policy and enhanced implementation of IFRS standard to ensure value relevant accounting information that will be useful to the shareholders in making informed decision and taking adequate actions.

PLEASE NOTE

This material is a comprehensive and well-written project, structured into Chapter (1 to 5) for clarity and depth.


To access the full material click the download button below


OR


Contact our support team via Call/WhatsApp: 09019904113 for further inquiries.

Thank you for choosing us!

📄 Pages: 95       🧠 Words: 10276       📚 Chapters: 5 🗂️️ For: PROJECT

👁️‍🗨️️️ Views: 343      

⬇️ Download (Complete Report) Now!

🔗 Related Topics

EFFECT OF COMMUNITY POWER STRUCTURE ON COMMUNITY DEVELOPMENT IN SELECTED RURAL COMMUNITIES OF KATSINA, ENUGU AND EKITISTATES, NIGERIA DETERMINANTS OF DECLINE IN SELECTED TEXTILE MANUFACTURING COMPANIES IN NORTHERN NIGERIA PREDICTING CORPORATE BANKRUPTCY USING MULTIPLE DISCRIMINANT ANALYSIS: A STUDY OF SELECTED FAILED AND HEALTHY NIGERIAN BANKS DISTRESS IN THE NIGERIAN BANKING INDUSTRY: A CASE STUDY OF ALLIED AND PROGRESS BANKS OF NIGERIA PLC DISTRESS IN THE NIGERIAN FINANCIAL INDUSTRY: AN EMPIRICAL ANALYSIS THE APPLICATION OF LINEAR PROGRAMMING TECHNIQUE IN THE DISTRIBUTION OF FUEL PRODUCTS IN NORTHERN NIGERIA AN EVALUATION OF QUANTITATIVE PROCEDURES FOR COMMERCIAL LOANS IN NIGERIA THE IMPACT OF OIL REVENUE ON NIGERIAN ECONOMY ASSESSMENT OF THE GLOBAL SYSTEM MOBILE (GSM) SERVICE PROVIDERS PERFORMANCE AND CUSTOMER SATISFACTION IN NORTH-WEST, NIGERIA CURRENCY DEVALUATION ANNOUNCEMENT AND SHARE PRICES OF DEPOSIT MONEY BANKS IN NIGERIA ASSESSMENT OF THE ADMINISTRATION OF THE NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) IN SELECTED NORTHERN STATES OF NIGERIA The Effect of Firms Characteristics on Real Earnings Management in the Listed Industrial Goods Firms in Nigeria STRATEGIES FOR EFFECTIVE REVENUE GENERATION IN NIGERIA AN EVALUATION OF FINANCIAL RATIOS AS A TOOL FOR PREDICTING CORPORATE PERFORMANCE THE IMPACT OF FINANCE AND INVESTMENT COMPANIES ON THE ECONOMIC DEVELOPMENT OF NIGERIA: A CASE STUDY OF KADUNA INDUSTRIAL AND FINANCE COMPANY LIMITED IMPACT OF DEMOCRATIC GOVERNANCE ON SERVICE DELIVERY IN KATSINA AND BINDAWA LOCAL GOVERNMENT AREAS OF KATSINA STATE CAPITAL STRUCTURE AND PERFORMANCE OF QUOTED CONGLOMERATES FIRMS IN NIGERIA THE APPLICATION OF THE MARKETING CONCEPT IN THE NIGERIAN MANUFACTURING INDUSTRY BOARD CHARACTERISTICS AND EARNINGS MANAGEMENT OF LISTED FOODS AND BEVERAGES FIRMS IN NIGERIA AN EVALUATION OF FINANCIAL MANAGEMENT PROCEDURES

click on whatsapp