ABSTRACT
This study was necessitated by
Effective Financial Reporting Vaccum existing among reporting firms as well as
high level influence exerted by the management of organization in the
preparation of financial statements. Also, the need for study become inherent,
given the fact owners of Companies are not involved in the day to day running
of the business, and to the need to explore an effective tool to apprise the
management of business firms on their care became more pronounced. Problems
encountered include, inadequate information in financial reporting, reporting
vanations due to non —compliance to reporting standards window — dressing of
financial statements, inability to satisfy information needs of user, and
inconsistence among others. In an attempt to focus this study, three hypothesis
were formulated and Questionnaire was utilized for purpose of procuring
relevant data to test the hypothesis formulated. There was an extensive review
of expert's opinion and contribution to compare and contrast the research
findings. Methodologically, the study covered 100 employees of PZ Industries
Aba. On the basis of judgmental sampling technique, 70% of the population which
is 70 people formed the sample. The data obtained were statistically analyzed
using the simple percentage method, and the hypothesis were tested using
correlation model. The following findings were made. i) Financial reporting
serves as an effective tool for evaluating management's performance. ii) Financial
reporting does not satisfy all the information needs of the users. The above
findings have implication for users and prepares of financial statement and
upon which recommendations have been made on how to improve financial reporting
effectiveness. In additions, some suggestions for further research have been
incorporated in the study.
CHIKEZIE, E (2021). Appraisal Of Financial Reporting As A Tool For Evaluating Management Performance. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-tool-for-evaluating-management-performance-7-2
EMEKA, CHIKEZIE. "Appraisal Of Financial Reporting As A Tool For Evaluating Management Performance" Mouau.afribary.org. Mouau.afribary.org, 01 Jul. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-tool-for-evaluating-management-performance-7-2. Accessed 01 Nov. 2024.
EMEKA, CHIKEZIE. "Appraisal Of Financial Reporting As A Tool For Evaluating Management Performance". Mouau.afribary.org, Mouau.afribary.org, 01 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-tool-for-evaluating-management-performance-7-2 >.
EMEKA, CHIKEZIE. "Appraisal Of Financial Reporting As A Tool For Evaluating Management Performance" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-financial-reporting-as-a-tool-for-evaluating-management-performance-7-2