Project Abstract:
The study empirically examined the Impact of Inflation on Historical Cost Convention in Financial Accounting Reporting. The objectives were; to examine the effect of depreciation on inflation, to examine the impact of asset on inflation, to evaluate the effect of profitability on inflation and to evaluate the impact of earning per share on inflation. Secondary sources of data was employed using financial reports of the selected sample firms, ordinary least square of multiple regress model was employed to statistically analyze the relationship between dependent and independent variables. The findings of the study were depreciation had a significant effect on the cost, Asset is significantly affected by the cost and profitability had a significant effect on historical cost. The study recommended that historical financial statement should be published together with current cost financial statements. Also recommended that Accounting bodies in Nigeria should sensitize their members, accountants and managers of companies on the need to depart from the historical cost accounting method during inflationary periods.
TABLE OF CONTENTS
Abstract
CHAPTER ONE
1.0 Introduction
1.1 Background of Study
1.2 Statement of Problems
1.3 Research Objectives
1.4 Research Question
1.5 Research Hypothesis
1.6 Scope of Study
1.7 Significance of study
1.8 Limitation of study
1.9 Definition of terms
CHAPTER TWO
2.0 Literature Review
CHAPTER THREE
3.0 Research methodology
3.1 Research Design
3.2 Population of study
3.3 Sampling Design and Procedure
3.4 Data Collection Instrument
3.5 Administration of Data Collection Instrument
3.6 Methods of data analysis
CHAPTER FOUR
4.0 Data Presentation and Analysis
4.1 Data Presentation
4.2 Test of Hypothesis
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
References
Questionnaire