Tag Archives: Accounting information

Financial Accounting Information Relevance and Share Prices: A Case Study of Unilever Nigeria PLC Listed on the NSE (Published)

This study examined financial accounting information relevance and share price association using Unilever Nigeria PLC, a multinational company listed on the Nigerian Stock Exchange under the consumer goods sector as a case study. The study adopted market price per share (MPS) as proxy for share price and the dependent variable, while earnings per share and dividend per share were the financial accounting data used as the independent variables. Secondary data was collected through content analysis of the published annual financial statements of Unilever Nigeria PLC for the period 2009 to 2018 and the Nigerian Stock Exchange fact book. The study employed descriptive statistics and linear regression analysis based on the ordinary least squares method as techniques for data analysis. The results of the study revealed that earnings per share (EPS) and dividend per share are not significantly related to market price per share (MPS). Based on the findings, the study concluded that financial accounting information (EPS and DPS) are not relevant for determining the market price of shares. This implies that EPS and DPS are not relevant for determining the market price of Unilever shares. The study recommended among others, that more inclusive further studies should be conducted to be able to make general inference on the subject concerning the consumer goods sector in Nigeria.

Keywords: Accounting information, Earnings, Market price, Relevance, Shares, dividend

The Impacting of the Accounting Environment Affecting the Quality of the Accounting Information (Published)

Nowadays, enterprise accounting plays a very important role in providing accounting information for the management and operation of enterprises, which is the basis for making economic decisions and managing the business owners. Besides, accounting information also supplies for the stakeholders such as state management agencies, business partners, investors, etc. Understandably, the information and accounting data presented in the financial statements must be clear and easy to understand for the users. The user here is understood to be a person with an understanding of business, economics, finance, accounting at an average level. Information on complex issues in the financial statements must be explained in the explanatory note. The objective of the study is to find out the factors affecting the quality of accounting information. The study results showed that there were 200 persons who are the accountants in Vietnam who interviewed and answered about 13 questions. Data collected from March 2017 to December 2017 for accountants in Vietnam. The paper had been analyzed KMO test, Cronbach’s Alpha and the result of KMO analysis which used for multiple regression analysis. Accountants’ responses measured through an adapted questionnaire on a 5-point Likert scale (Conventions: 1: Completely disagree, 2: Disagree, 3: Normal; 4: Agree; 5: completely agree). Hard copy and online questionnaire distributed among 1.000 accountants in Vietnam. The research result showed that three components affecting the quality of the accounting information in Vietnam with significance level 5 percent. The research results processed from SPSS 20.0 software.   

Keywords: Accounting, Accounting Environment, Accounting information, HCE, Quality

Corporate Governance Impacts to the Level of Accounting Information Disclosure – Evidence on Vn30 Listed Companies of Vietnam (Published)

Accounting information has important implication for users. Last time, the State Securities Commission has made provisions related to increase the quality and extent of the accounting information for listed companies. The disclosure of information by VN30 listed companies depend on the impact factors, in which corporate governance is one of the main factors. Based on the quantitative survey about the accounting information disclosure of listed companies in the regression model, results showed that two factors are size of board and the level of concentration of ownership affect the level of information disclosure for VN30 listed companies. From which the author proposes to increase the number of members of the board as well as control the concentration of power problems of a number of shareholders of listed companies to increase the level of information disclosure response to the users.

Keywords: Accounting information, Corporate Governance, Listed Company

Vol 4, Issue 6, June 2016 ()

Accounting information has important implication for users. Last time, the State Securities Commission has made provisions related to increase the quality and extent of the accounting information for listed companies. The disclosure of information by VN30 listed companies depend on the impact factors, in which corporate governance is one of the main factors. Based on the quantitative survey about the accounting information disclosure of listed companies in the regression model, results showed that two factors are size of board and the level of concentration of ownership affect the level of information disclosure for VN30 listed companies. From which the author proposes to increase the number of members of the board as well as control the concentration of power problems of a number of shareholders of listed companies to increase the level of information disclosure response to the users.

Keywords: Accounting information, Corporate Governance, Listed Company

ACCOUNTING INFORMATION AND PROFIT PLANNING: THE CASE OF NIGERIA LISTED MANUFACTURING COMPANIES (Published)

In this study, the relationship between accounting information and profit planning was empirically investigated. Specifically, the study investigated the effect of cost information, sales information and marketing information on profitability. Descriptive and inferential statistics were carried out on the opinion of 222 top management staff purposively selected from the listed manufacturing companies in Nigeria with the aid of statistical package for social sciences (SPSS version 20). The results of the data analysis carried out in the study revealed that a positive significant relationship exists between accounting information and profitability of manufacturing organizations. Based on this, the study recommends that functioning accounting system should be put in place by the manufacturing companies in Nigeria.

Keywords: Accounting information, Cost, Marketing, Profit planning, Profitability and Manufacturing.