TABLE OF CONTENT
Title Pages
Certification
Dedication
Acknowgement
Table of content
CHAPTER ONE
Introduction
- Background of the study
- Statement of the problem
- Objectives of the study
- Significance of the study
- Scope and limited of the study
- Defination of terms
CHAPTER TWO
LITERATURE REVIEW
- Accounting information report
- Objective of an enterprises
- Conflicting objectives of an enterprises requirement
- Relate statutory and accounting guideling for desclosure
CHAPTER THREE
RESEARCH METHODLOGY
- Reasarch design and population
- Sampling design and sample size
- Service of Data
- Data collection instrument\
- Method of data analusis
- Profile of the case study
CHAPTER FOUR
DATA PRENTATION AND ANALYSIS
- Data presentation
- Test of Hpothensis
CHAPTER FIVE
SUMMARY CONCLUTION AND RECOMMENDATION
- Summary
- Conclusion
- Recommendation
CHAPTER ONE
- INTRODUCTION
1.1 BACKGROUND OF THE STUDY
The corporate objective of an enterprise can be said to be bord or slome hold by a group of company dealing with out ward things, which are influenced by personal feeling or opinion. Also published accountings report are a means which an undertaken communicate information about its familial affair to interest individual or group of individuals. The report normally comprises the historical or baleeesheet and profit and boss account but may include other statement such as found statement and for cast or profit or dividend.
The proprietors of a company are recognized in law being that person owning its capital. The capital divided into share and stock and by arguing slon, investor became shareholder as evidence of their legal title share hare transferable right and may be negotiated ether individual wishing to incorporate themselves for the purpose of caring and trade which are called promoter and to 24 their responsibility to arrange for the process of incorporation this involve lodging a number of document with the register of companies and paying the require fees.
The twoo most important document are the memorandum of association which defines the power and objective of the comparison, and article of association which contain the rules for its internal regulation. The names, objective and capital clauses are found in memorandum of association
Once share have been issues, they become the property of individual investor who have accursed them and these investor are free to sell their share to anyone. The sale price to negotiate between the buyer and the seller and the dead may be affected through a stock if the shame are quoted share. The seller transfers his share formally to the buyer by noties to the company and the buyer is registered in the registered share holder as the new share holder. Share transfer in this way one known as registered share. An alternative type of share holding, which is resisters by law in same countries is know as a bearer share which does not need to be registered in the registered of shareholder consequently bearer. Shares are transfer rabble by hand
A company receives only the issue of a share and the legal effort of share holding is to grant ownership rights in respect of the farction of capital represented by the share and right to receve the appropriate perform of corporate net profit districution in the form of dividend. Companies usually retain a pertion of net profit for investment and distribute the balance as dividends.
The distinction between ownership and management is one of the most distention featime of corporate activity. As owner share holder may be considered and having ultimate control over the activities of the company through their right to appoint directors
Once appointed director exercise day to day control of the company affairs and although they are accountable to share holders, the diffusion of share among many shareholders, usually place direct in a very strong position. Although they are treated as statement of corporate asset on behalf of shareholders, the affective power to make decision of major importance in respect of those assets lays almost anlirely in their hands.
Social changes is attacking the traditional method of regulating corporate objective of an enterprises in a number of ways
First the reorganization of the right of employee to share managerial responsibility is an important feature of the democratization of corporate control. Employee participation in the management of companies in an explicit admission that the interests of employee are as important as those of shareholder.
Secondly, the concept of social responsibility which broaden the classical nation editorship as definition of function of director to include a responsibility to all section of society having an interest in the activities of corporate enterprises.
This consumers as well as the local community are including in the group of those having a rested in the nation of corporate activities.
- STATEMENT OF THE PROBLEM
The decision to undertaken an impact of corporate objective and the disclosure of accounting data as a problem to study could be made under the imperfect knowledge of this following factors: given the increasing complexity and detail of report information with more emphasis on greater disclosure of accounting data like to know to whom a corporate financial report should be directed to the information and adoption of incorrect criteria for measuring the efficient of an enterprises the management of existing shareholders wealth the content of financial statement.