The Objective Of Financial Statement And Their Usefulness To The General User Groups

Project and Seminar Material for Accountancy / Accounting

The Objective Of Financial Statement And Their Usefulness To The General User Groups


Abstract


There is a global confusion and misconception in identifying the objectives of financial statement and their usefulness to the general use groups in an office. Some accountants appear not to be aware of the objectives of financial statement in execution of their accounting duties.

Many bodies and individuals like R.J. Chambers, David Alexander and the national Association of Accountancy had accentuated on the objectives of financial statement in an organization long before I intended to carry out a survey of my own on the same issue.

It is on this background therefore, that I conducted a research with a view to appraising, vindicating, exposing and making clearing the objectives of financial statement of accounting in the mounding office activities, and their usefulness to the general user groups in particular.

This production will therefore throw some high on the many years old confusion and controversial issues on what the financial statement is, its objectives and usefulness to the user groups.


Objectives of the Study


  1. To determine if the state of Affairs of the company can attracts more user groups to invest through than annual reports, analysis, advertisement or publication.

  2. To find out the confidence user groups lay on the financial statement presented by the directors of the company.

  3. To ascertain if the fluctuation’s on the profit after taxation will attracts / dis-attracts user groups in their investments decision and confidence build on the company

Research Questions


  1. How does the perceived state of affairs of a company influence user group attraction compared to traditional mediums such as annual reports, analysis, advertisement, or publication?

  2. What level of confidence do different user groups place on the financial statements presented by company directors?

  3. How do fluctuations in profit after taxation impact user group decisions and confidence in the company?

Research Hypothesis


In attempting to reach a decision, it is useful to makes assumptions about the population involved in the study. Such assumptions which may not be true are called hypothesis. In this study the hypothesis will,

A. To determines if there is any significances relationship between the state of affairs of the company and user groups in there investment decisions.

  • Ho: There is no significances relationship between the state of affairs of the company and user groups in their investment decisions.
  • Hi: There is no significance relationship between the state of affairs of the company and user groups in there investment decisions.

B. Is there is significance relationship between the financial statement and the confidence build on the company.

  • Ho: There is no significances relationship between the financial statement and the confidence build on the company.
  • Hi: There is significance relationship between the financial statement and the confidence user groups lay on the company.

Complete Material Available


Project Material Download

5,000 5000

The Complete Material Will Be Sent to You in Just 2 Steps

Quick & Simple…


Step One Purchase

Make Payment (Through Transfer) of ₦5,000 to Any of the Account Below

Access Bank PlcAcc No: 0811003731
Samphina Academy
Current Account
Zenith BankAcc No: 1225513212
Samphina Academy
Current Account

Or CLICK HERE To Pay With Debit Card


FOR STUDENTS OUTSIDE NIGERIA
CLICK HERE To Purchase Material ($15)
FOR GHANIAN STUDENTS
Make Payment of 120 GHS to 0553978005 | Douglas Cloud Osabutey | MTN MoMo

Step Two Purchase

Send the Following Details on WhatsApp ( 08143831497) After Payment

  1. Payment Details

  2. TOPIC: The Objective Of Financial Statement And Their Usefulness To The General User Groups

The Complete Material Will Be Sent To You On WhatsApp After Receiving Your Details
T & C Apply


  Contact Our Help Desk


Need a Different Topic? Perform a Quick Search



List of Related Works

Click on Any Topic to Preview the Content

samphina.academy

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.