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: 212      

⬇️ 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: 212      

⬇️ Download (Complete Report) Now!

🔗 Related Topics

ASSESSMENT OF COLLECTIVE BARGAINING AND INDUSTRIAL CONFLICT MANAGEMENT IN NIGERIAN UNIVERSITIES MATERNAL HEALTH CARE DELIVERY IN NORTHERN NIGERIA ASSESSMENT OF THE IMPACT OF EMPLOYEE TRAINING ON ORGANIZATIONAL PERFORMANCE OF VITAFOAM NIGERIA PLC BANK SPECIFIC DETERMINANTS OF CAPITAL ADEQUACY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA DETERMINANTS OF CORPORATE SOCIAL RESPONSIBILITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA MANAGEMENT OF PROMOTIONAL ACTIVITIES IN THE SERVICE INDUSTRIES IMPACT OF RURAL SAVINGS ON ECONOMIC EMPOWERMENT IN NIGERIA AN ASSESSMENT OF PUBLIC PROCUREMENT ACT IN NIGERIAN TERTIARY INSTITUTIONS STOCK PRICES REACTION TO EQUITY ISSUES ANNOUNCEMENT BY DEPOSIT MONEY BANKS (DMBs) IN NIGERIA FIRM CHARACTERISTICS AND CAPITAL STRUCTURE OF LISTED FOOD AND BEVERAGES FIRMS IN NIGERIA IMPACT OF BANK-SPECIFIC FACTORS AND MACROECONOMIC VARIABLES ON NONPERFORMING LOANS OF LISTED DEPOSIT MONEY BANKS IN NIGERIA MARKETING IN FINANCIAL INSTITUTIONS DIVERSIFYING SOURCE OF FINANCE FOR NIGERIA'S FEDERAL UNIVERSITIES EFFECT OF BOARD CHARACTERISTICS ON EARNINGS MANAGEMENT OF LISTED OIL AND GAS FIRMS IN NIGERIA APPLICATION OF MARKETING STRATEGIES AND POLICIES IN THE MARKETING OF MICRO-COMPUTERS IN NIGERIA MARKETING OF SERVICES IN PRIVATE EDUCATIONAL SECTOR ASSESSMENT OF THE ROLE OF TERTIARY EDUCATION TRUST FUND (TET-FUND) ON THE DEVELOPMENT OF TERTIARY EDUCATION IN NIGERIA SYSTEMATIC BANK RESTRUCTURING AS A VIABLE SOLUTION FOR BANK FAILURE IN NIGERIA IMPACT OF MOBILE COMMERCE SERVICES ON THE PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA RURAL BANKING SCHEME AND ENHANCEMENT OF RURAL DEVELOPMENT IN NIGERIA

click on whatsapp