APPLICATION OF FAIR VALUE ACCOUNTING (PROBLEM AND PROSPECT) IN NIGERIA

  • Type: Project
  • Department: Accounting
  • Project ID: ACC2692
  • Access Fee: ₦5,000 ($14)
  • Pages: 59 Pages
  • Format: Microsoft Word
  • Views: 1.2K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
ABSTRACT
The determination of the overall growth of most cost depends on how efficient and effective the method of financial reporting is, and in the Nigeria case there are still lots of problems, challenges that have hindered the Nigerian financial reporting standard from attaining international status and these pose a greater challenge to implementation of fair value accounting in Nigerian financial system.
Fair value accounting was a term applied widely in the 1980’s within the context of acquisition as a basis for the allocation of entry values and purchase goodwill, though it encountered difficulties and controversies.
Fair Value Accounting is a financial reporting approach in which companies are required or permitted to measure and report on an ongoing bases, certain assets/liabilities (generally financial instruments) at estimates of the prices they would receive if they were to sell the assets or would pay if they were to be relieved of the liabilities. mso-bidi-font-family:Arial">It primarily applies to financial assets and liabilities but however, three major groups of non-financial assets-property, plant, investment property and intangible assets –also subject to fair value measurement. It should be noted that the idea that is behind this concept is the assumption that providing useful and timely information by preparing the accounts in accordance with a set of high-quality standards does best serve the needs of investors. This might be an important issue especially in the case of fair value accounting and needs to be considered when the implications of fair value accounting for users of accounting information are investigated. It is against this backdrop, that this research study tends to examine the problems and prospect of application of Fair Value Accounting in Nigeria by users of accounting information, accounting procedures, financial statement and foreign investors at large.

TABLE OF CONTENTS

CHAPTER ONE
INTRODUCTION
1.1 Background of Study                             5
1.2 Statement of Problem                            10
1.3 Objectives of the Study                            11
1.4 Research Questions                               11
1.5 Research Hypotheses                              12
1.6 Significance of Study                              13
1.7 Scope & Limitation of Study                        14
1.8 Definition of Terms                                14

CHAPTER TWO
2.1 CONCEPTUAL FRAMEWORK
2.2 THEORETICAL FRAMEWORK

CHAPTER THREE
RESEARCH METHODOLOGY

CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS

CHAPTER FIVE
CONCLUSION, SUMMARY, RECOMMENDATION
REFERENCES
QUESTIONNAIRE

APPLICATION OF FAIR VALUE ACCOUNTING (PROBLEM AND PROSPECT) IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC2692
  • Access Fee: ₦5,000 ($14)
  • Pages: 59 Pages
  • Format: Microsoft Word
  • Views: 1.2K
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC2692
    Fee ₦5,000 ($14)
    No of Pages 59 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT The determination of the overall growth of most cost depends on how efficient and effective the method of financial reporting is, and in the Nigeria case there are still lots of problems, challenges that have hindered the Nigerian financial reporting standard from attaining international status and these pose a greater challenge to... Continue Reading
    ABSTRACT The determination of the overall growth of most cost depends on how efficient and effective the method of financial reporting is, and in the Nigeria case there are still lots of problems, challenges that have hindered the Nigerian financial reporting standard from attaining international status and these pose a greater challenge to... Continue Reading
    (a case study of unilever mg -plc) TABLE OF CONTENT Title page Certification Table of content CHAPTER ONE 1.1    background of the study 1.2    objective of the study 1.3    scope of the study 1.4    significance of the study 1.5    definitions of key concepts CHAPTER TWO LITERATURE REVIEW 2.0    definition of government... Continue Reading
    PROBLEMS AND PROSPECT OF MEDIA MANAGEMENT IN NIGERIA Abstract The advent of broadcasting in Nigeria has brought a new lease of life to the communication sphere in Nigeria as it ushered in a new medium of expression and communication for the people of Nigeria. With the introduction of new media technologies came more opportunities to the... Continue Reading
    ABSTRACT The research examines the place of inter-cultural marriage in the context of marriage been a universally acknowledged and very important institution in human society, as it is the foundation of group life and a requirement for human survival. The historical research methodology was adopted and the research utilized both primary and... Continue Reading
    (A CASE STUDY OF BENCOS BUSIENSS CENTRE ENUGU) TABLE OF CONTENT Title page Approval page Dedication Acknowledgment Table of content CHAPTER ONE Introduction 1.1            Statement of problem 1.2            Significance of study... Continue Reading
    PROBLEM AND PROSPECT OF POULTRY MANAGEMENT (A CASE STUDY OF PHINOMAR NIGERIA LTD­) ABSTRACT The purpose of this study is to determine the problems and prospects of poultry management. Data were collected from both primary and secondary sources. The major data collection instrument is the questionnaire. The data were presented in table as... Continue Reading
    ABSTRACT Small-scale enterprises with a focus on Nigeria cannot be over emphasized during this period of very high unemployment rate among our youths The primary aim of undergoing this research makes an attempt of providing information on what small... Continue Reading
    Call Us
    whatsappWhatsApp Us