ABSTRACT
Contemporary issues on companies in Nigeria
borders so much on unreliable financial statements. This has made investors to
start distrusting companies and investment in shares. Instead, Some resort to
buying landed properties which lead to scarcity of funds for the various
business firms. This study sought to ascertain the credibility of accounting
information in firms using selected manufacturing and accountancy firms around
Jos metropolis in plateau Stale. The works of other experts in this area of
study were painstakingly reviewed. Both primary and secondary data were used in
the analysis of this research work. Questionnaire and oral interview were the
primary sources of data. Textbooks, newspapers, journals and the works of other
experts in this area of study served as secondary data. The population was put
at 57 while the sample size was put at 50 using Taro Yamane formula while
chi-square(X2 ) statistical tool was used to analyzed the data. Consequently,
the findings from the study showed that where a non-personal relationship
exists between the company's Accountants and the external Auditors, credibility
of accounting information is most likely to prevail. It was also observed that
the major work of credibility lies with the Accountants who prepare the
company's financial statements and above all, it was noted that credibility of
accounting inebriation depends on financial statements that are certified by
statutory Auditors. Conclusively, based on the findings, I however recommended
that; Auditors and Accountants must act in good faith, that is both the
Auditors and Accountants must at all times act with sincerity and honesty of
purpose. Also, there should be a constant check on the Auditor and the
Accountant; this is to make sure that the issue of credibility of accounting
information is not abortive and finally, the company should and as a matter of
necessity employ qualified Accountants to prepare its financial statements
since the Accountant's expertise would almost claim the whole part of
credibility of accounting information.
AIYEHNA, M (2021). Evaluation Of The Credibility Of Accounting Information In Firms (A Study Of Selected Manufacturing And Accounting Firms In Jos Metropolis, Plateau State) . Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-the-credibility-of-accounting-information-in-firms-a-study-of-selected-manufacturing-and-accounting-firms-in-jos-metropolis-plateau-state-7-2
MEKELA, AIYEHNA. "Evaluation Of The Credibility Of Accounting Information In Firms (A Study Of Selected Manufacturing And Accounting Firms In Jos Metropolis, Plateau State) " Mouau.afribary.org. Mouau.afribary.org, 22 Jul. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-the-credibility-of-accounting-information-in-firms-a-study-of-selected-manufacturing-and-accounting-firms-in-jos-metropolis-plateau-state-7-2. Accessed 27 Nov. 2024.
MEKELA, AIYEHNA. "Evaluation Of The Credibility Of Accounting Information In Firms (A Study Of Selected Manufacturing And Accounting Firms In Jos Metropolis, Plateau State) ". Mouau.afribary.org, Mouau.afribary.org, 22 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-the-credibility-of-accounting-information-in-firms-a-study-of-selected-manufacturing-and-accounting-firms-in-jos-metropolis-plateau-state-7-2 >.
MEKELA, AIYEHNA. "Evaluation Of The Credibility Of Accounting Information In Firms (A Study Of Selected Manufacturing And Accounting Firms In Jos Metropolis, Plateau State) " Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-the-credibility-of-accounting-information-in-firms-a-study-of-selected-manufacturing-and-accounting-firms-in-jos-metropolis-plateau-state-7-2