Brief Introduction

In any business entity, whether profit or non-profit making, has sets of objectives. It mobilizes resources from various sources to achieve the set goal at the end of the period. This is necessary to determine how well these resources have been utilized.

Where there is the separation of ownership from management, the owners will want to know how judiciously these resources have been used. This is the stewardship function of accounting. This function is discharged by the presentation of a report of the activities to owners by management. Such reports are usually conveyed by means of financial statements. Statement of Accounting. Standard 2 (Information to be disclosed in Financial Statement) and Section 334 (2) of Companies and Allied Matters Acts provide that financial statement shall include the following:

· Profit and loss account,
· Statement of account policies,
· Balance sheet,
· Notes to the accounts,
· Auditors report,
· Directors report,
· Value added statement and
· Five-year financial summary.

The financial statements must accurately represent the underlying economic activities of the organization. It is possible to have a discontinuity between the activities of an organization. When this occurs, the credibility of such a statement induces doubt and uncertainty in the minds of the various users of the statement.

Table of Content

Title
Table of Contents
Abstract
CHAPTER ONE: INTRODUCTION
1.1 Background of Study
1.2 Statement of Problem
1.3 Objective of Study
1.4 Scope of Study
1.5 Significance of Study
1.6 Statement of Hypothesis
1.7 Limitation of Study
References
CHAPTER TWO: LITERATURE REVIEW
2.0 Introduction
2.1 Principles of Corporate Governance
2.2 Disclosures and Corporate Governance
2.3 Disclosures in Corporate Governance:
Empirical Analysis
2.4 Why Disclosures Philosophies Differ
Across Countries
2.5 Approaches to International Disclosures Diversity
2.6 Disclosure Benefits and Cost
References
CHAPTER THREE: THEORETICAL FRAMEWORK AND MODEL
SPECIFICATION
3.1 Theoretical Framework
3.2 Model Specification
3.3 Method of Analysis
3.4 Population
3.5 Data Sources
3.6 Sample and Sampling Technique
Reference
CHAPTER FOUR: PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA
4.0 Introduction
4.1 Presentation and Interpretation of Result
4.2 Findings of the Study
4.3 Test of Hypothesis
CHAPTER FIVE; SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary of Finding
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix