EFFECT OF ACCOUNTING ETHICS ON QUALITY OF FINANCIAL REPORTING IN THE NIGERIAN DEPOSIT MONEY BANKS

📄 Project Abstract

It is a widely acceptable concept that accounting principles, policies, methods, techniques and systems govern the preparation process of the financial statement of any entity. For those transactions and occurrences not specifically covered by an official statement ; accountants must exercise professional judgement in determining the most reliable treatment that is compatible with usually accepted accounting principles. Therefore, in order to provide a formidable and widely acceptable template for financial reporting, the accounting ethics of the professional managers of such documents need to be curtailed. (Ikoh 2013). Hornby (2010) describes ethics as the moral values governing human behaviour. The similarity is the measure of morally acceptable conduct in both definitions. According to Salaudeen, Ibikunle and Chima (2015), it is therefore essential that the information provided by the accountants and auditors be meaningfully effective, reliable, realistic and unbiased. In view of re...