Effect Of Inflation On The Financial Statements Of Organizations In Nigeria (A Study Of Nigeria Breweries Aba, Abia State)

UZOMBA EBERE ANNETH | 81 pages (10348 words) | Projects

ABSTRACT

The study investigated the Effect of Inflation on the Financial Statements of Organizations in Nigeria. The major objectives of the study are to examine the effect of inflation on the financial of an organization, to assess the effect of inflation on the operational activities and to examine the techniques used in the accounting for inflation of the financial statements of an organization. To achieve the objectives of the study, survey research design was adopted. The researcher adopted primary and secondary data in getting the required information. In testing the hypothesis Regression Analysis was used. The findings in chapter four reviewed that inflation affects the financial report of an organization. The findings also reviewed that inflation affects the activities of manufacturing companies but the techniques used in the accounting for inflation has no significant impact on the financial statement of an organization. Researcher recommends that organization should take into consideration the possibility of inflation when preparing their financial statements and when fixing the prices of their products to avoid loss on production and the illusion of financial statements and to provide more relevant information to financial statement users in order to improve the quality of information provided.

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APA

UZOMBA, A (2021). Effect Of Inflation On The Financial Statements Of Organizations In Nigeria (A Study Of Nigeria Breweries Aba, Abia State). Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-the-financial-statements-of-organizations-in-nigeria-a-study-of-nigeria-breweries-aba-abia-state-7-2

MLA 8th

ANNETH, UZOMBA. "Effect Of Inflation On The Financial Statements Of Organizations In Nigeria (A Study Of Nigeria Breweries Aba, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-the-financial-statements-of-organizations-in-nigeria-a-study-of-nigeria-breweries-aba-abia-state-7-2. Accessed 27 Nov. 2024.

MLA7

ANNETH, UZOMBA. "Effect Of Inflation On The Financial Statements Of Organizations In Nigeria (A Study Of Nigeria Breweries Aba, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-the-financial-statements-of-organizations-in-nigeria-a-study-of-nigeria-breweries-aba-abia-state-7-2 >.

Chicago

ANNETH, UZOMBA. "Effect Of Inflation On The Financial Statements Of Organizations In Nigeria (A Study Of Nigeria Breweries Aba, Abia State)" Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-the-financial-statements-of-organizations-in-nigeria-a-study-of-nigeria-breweries-aba-abia-state-7-2

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