THE IMPACT OF FINANCIAL ACCOUNTING REPORTING ON THE CORPORATE PERFORMANCE OF BUSINESS ORGANIZATION (A CASE STUDY OF NIGERIAN BREWERIES PLC.
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THE IMPACT OF FINANCIAL ACCOUNTING
REPORTING ON THE CORPORATE PERFORMANCE OF BUSINESS ORGANIZATION (A CASE STUDY
OF NIGERIAN BREWERIES PLC.
ABSTRACT
The research
work “The impact g onofthe Finan corporate performance of Business Org
ascertaining how financial accounting reporting has helped in advancing
the
objectives of corporate organizations. In the process, it investigated the
effected that financial accounting bear on the performance of a business.
Furthermore, if sought to ascertain the compliance of relevant statues by
corporate organizations and the overall satisfaction of stakeholders in a
corporate organizations. The study obtained its data basically from primary and
secondary sources. The primary sources of data collection employed were questionnaire,
oral interview and observations, while the secondary sources of data included
textbooks, journals. in the analysis of the data collected, the chi-square was
used to analyze the responses gathered. The study revealed that a loot of
problems were inherent in financial reporting ranging from non-disclosure of
vital information, subjective judgments of prepares of the financial
information and most times non-compliance to relevant statues. There were
recommendations given such as strict compliance to the relevant statute were
made to the companies, the government needs to strengthen its regulatory
agencies in order to ensure
that the
financial statements show a “true and fair view a relevant statues at all
times.
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