Description
INTRODUCTION
Financial reports provides an overview of a business profitability and financial condition in both short and long term. They are necessary sources of accounting information about companies for wide variety of users. In. every business, there, needs information. This information needs ranges from financial, production, marketing etc. Generally, the larger the organization the greater the management need for information. Financial report plays a vital role in decision making process of business organizations. The main purpose of financial repots is the provision of financial information as a record making. It has been said that accounting is the language of business. It might also be said that the ability to apply accounting knowledge is critical to success in business: A business prepares various report at the end of each fiscal period. This report summarizes the changes that have taken place during the period. For this financial report to be useful, the data be presented in such a way that the user will recognize, Similarities, differences and trends form one period to another to enable them make decisions. The accounting information contained in the financial reports enables management to make more inform decisions. Financial report should provide adequate information in all areas of organization and economic activities; it should be able to disclose clearly the nature and accurate accounts of the transactions fun which the true and fair view financial position of the organization can be ascertained. Financial reports serve a lot of useful purpose to different users namely, shareholders, Creditors, Banks, government agents, employees, potential investors and the management of the entity it self. The above identified groups of persons rely on the information supplied by the given firm through financial reporting in which they have interest to ascertain the organization‟s state of affairs which serves as an important guide in deciding the extent to which they commit their fund. It is the “communication of financial information useful for decision making such as investment, credit and other business decisions” such communication include, general. Purpose financial statement, balance sheet, equity report, cash flow reports and notes to these statements.
TABLE OF CONTENT
CHAPTER ONE
1.1 Introduction
1.2 Background Of The Study
1.3 Statement Of The Problem
1.4 Objective Of The Study
1.5 Research Questions
1.6 Statement Of Hypothesis
1.7 Significance Of The Study
1.8 Scope And Limitation Of The Study
1.9 Definition Of Terms
1.10 References
CHAPTER TWO
2.1 Review Of Related Literature
2.2 Concept Of Financial Accounting
2.3 Users Of Accounting Information
2.4 Concept Of Financial Report
2.5 Objective Of Financial Reporting
2.6 Characteristics Of Good Financial Report
2.7 Effect Of Financial Accounting Reporting On Management Decision
2.8 The Importance Of Financial Accounting
2.9 Reporting In Organizations
CHAPTER THREE
3.0 Research Design And Methodology
3.1 Research Design
3.2 Source Of Data
3.3 Primary Data
3.4 Research Instrument
3.5 Reliability/Validity Of Research Instrument
3.6 Population Of The Study
3.7 Sample And Sampling Procedures
3.8 Administration Of Research Instrument
3.9 Method Of Data Analysis
3.10 Decision Criterion For Validity Of Hypotheses
CHAPTER FOUR
4.1 Data Presentation And Analysis
4.2 Test Of Hypothesis Two
CHAPTER FIVE
5.1 Summary Of Findings, Conclusion And
5.2 Recommendations
5.3 Summary Of Findings
5.4 Conclusion
5.5 Recommendations
5.6 Bibliography