📄 Research Article
AJCR Vol. 6, No. 9 (2019)
THE APPRAISAL OF PUBLIC COMPANIES IN NIGERIA (A SURVEY OF CAUSES OF INACCURATE FINANCIAL REPORTING BY SELECTED BANKS IN NIGERIA)
EZUWORE C N Obodoekwe 1 & OBINABO Chinyere Rose Ph D CICMA 2 & UDEH Samson Okey Ph.D 3
1 Department of Accountancy, Faculty of Business Administration, University of Nigeria, Enugu Campus.
2 Department of Accountancy, Faculty of Management Sciences, Ebonyi State Univesity, Abakaliki
3 Department of Banking and Finance, Institute of Management and Technology, Enugu
2 Department of Accountancy, Faculty of Management Sciences, Ebonyi State Univesity, Abakaliki
3 Department of Banking and Finance, Institute of Management and Technology, Enugu
Open Access
Peer Reviewed
Research Article
Abstract
This paper analysis critically appraises the causes of inaccurate financial reporting in the banking sector. The purpose of the paper is to ascertain among other things the causes of high report of inaccurate financial reporting in the banking system and analyzing the effect of the saga on public confidence on published financial report. The paper covers only commercial banks which are licensed by the Central Bank. The result of the findings indicates that: The independence and competency of the external auditors and the audit committee does not play any significant role in enhancing financial reporting credibility. Inaccurate financial reporting is caused by ineffective corporate governance and poor accounting and internal control system.
Keywords:
Appraisal, Public, Companies, Nigeria
📑 How to Cite This Article
APA 7th Edition:
EZUWORE C N Obodoekwe, OBINABO Chinyere Rose Ph D CICMA, UDEH Samson Okey Ph.D (2019). THE APPRAISAL OF PUBLIC COMPANIES IN NIGERIA (A SURVEY OF CAUSES OF INACCURATE FINANCIAL REPORTING BY SELECTED BANKS IN NIGERIA). Academic Journal of Current Research, 6(9), 20-27. https://doi.org/
EZUWORE C N Obodoekwe, OBINABO Chinyere Rose Ph D CICMA, UDEH Samson Okey Ph.D (2019). THE APPRAISAL OF PUBLIC COMPANIES IN NIGERIA (A SURVEY OF CAUSES OF INACCURATE FINANCIAL REPORTING BY SELECTED BANKS IN NIGERIA). Academic Journal of Current Research, 6(9), 20-27. https://doi.org/
Vancouver Style:
EZUWORE C N Obodoekwe, OBINABO Chinyere Rose Ph D CICMA, UDEH Samson Okey Ph.D. THE APPRAISAL OF PUBLIC COMPANIES IN NIGERIA (A SURVEY OF CAUSES OF INACCURATE FINANCIAL REPORTING BY SELECTED BANKS IN NIGERIA). Acad. J. Curr. Res.. 2019;6(9):20-27. DOI:
EZUWORE C N Obodoekwe, OBINABO Chinyere Rose Ph D CICMA, UDEH Samson Okey Ph.D. THE APPRAISAL OF PUBLIC COMPANIES IN NIGERIA (A SURVEY OF CAUSES OF INACCURATE FINANCIAL REPORTING BY SELECTED BANKS IN NIGERIA). Acad. J. Curr. Res.. 2019;6(9):20-27. DOI:
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