Measurements in Accounting: Issues and Choices Determinants

Ibadin, PO; Izedonmi, Famous

doi:10.4314/afrrev.v7i2.7

Cited by 2 publications

(2 citation statements)

References 6 publications

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“…The problem of the relevance of the accounting data is an essential one while considering how accounting data influences share prices. In keeping with Ibadin and Izedonmi [32] , accounting information's relevance enables customers to assess the capability effects of transactions or other activities on cash flows and confirmatory fees. Value relevance, in line with Beisland [33] , is the potential of financial announcement statistics to capture and sum up an organization's price.…”

Section: Accounting Information and Share Pricementioning

confidence: 96%

Value Relevance of Accounting Information and Share Rate: A Study of Manufacturing Companies in Nigeria

Raymond A.,

Osarenren O.

2023

macro. manag. & public. polic.

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This research work determined the impact of value relevance of accounting information on the stock price of manufacturing companies in Nigeria. More specifically, the study determines the impact of earnings per share and dividends on the stock price of Nigerian manufacturing companies. Ex post facto research and data were obtained from twenty audited annual reports and financial statements. This study used the ordinary least squares (OLS) estimation from 2012 to 2021 and covered ten years with the help of E-view 9.0 data analysis revealed that there is a positive insignificant relationship between stock dividends, earnings per share and stock price in the manufacturing sector in Nigeria.

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Section: Accounting Information and Share Pricementioning

confidence: 96%

Value Relevance of Accounting Information and Share Rate: A Study of Manufacturing Companies in Nigeria

Raymond A.,

Osarenren O.

2023

macro. manag. & public. polic.

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“…Seeing that fair-value accounting has significant effect on reported profit (Bessong and Charles, 2012), it is may be expected that managers can opportunistically exploit fair value to manipulate income (Ijeoma, 2014). By Ibadin and Izedonmi's (2013) reckoning, the main issue in fair value accounting is whether companies can estimate fair values accurately without exercising some discretion.(4) Low level of awareness on fair value accounting…”

Section: Literature Reviewmentioning

confidence: 99%

Post-implementation challenges of fair value measurement (IFRS 13): some empirical evidence

Oyewo

2020

AJEMS

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PurposeConsequent on the widespread of fair value (FV) accounting with the coming into effect of International Financial Reporting Standard (IFRS) 13, this study investigated the post-implementation challenges of FV measurement from the perspective of auditors in Nigeria.Design/methodology/approachData collection was through a structured-questionnaire administered on auditors from diverse audit firm backgrounds in terms of size, international affiliation and global presence. Statistical techniques such as cluster analysis, factor analysis and ANOVA were applied to analyse data obtained from 277 respondents.FindingsIt was observed that the severest challenge of FV measurement bothers on the paucity of information for valuation of items. The magnitude of the challenges of applying FV measurement in various industry sectors appears similar. Although audit firm attributes affect perception on the challenges, there is concurrence among auditors that manipulation of values of assets/liabilities with no market price during estimation, leveraging on non-availability of market information on assets/liabilities by managers to manipulate financial statements, inappropriateness/non-compliance of valuation methods with IFRS 13, and low level of awareness among preparers of financial reports are notable post-implementation challenges of FV measurement.Practical implicationsConsidering that the adoption of IFRS 13 impliedly places responsibilities on countries applying the standard to develop institutional structures that facilitate the valuation of items using FV measurement, it seems the establishment of such apparatus may be a sine qua non for fully realising the socio-economic benefits of applying FV accounting.Originality/valueThe study contributes to knowledge by exposing the practical challenges of FV measurement and accounting estimates typical of a developing country that has fully implemented international accounting standards. Moreover, findings from this study could be compared with the result of investigations conducted in other jurisdictions to gain a deeper and wider insight into the challenges of FV measurement with a view to proffering solutions to the post-implementation challenges of IFRS 13.

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Measurements in Accounting: Issues and Choices Determinants

Abstract: This paper examines the common measurements in accounting, addressing the issues in general terms

Cited by 2 publications

References 6 publications

Value Relevance of Accounting Information and Share Rate: A Study of Manufacturing Companies in Nigeria

Value Relevance of Accounting Information and Share Rate: A Study of Manufacturing Companies in Nigeria

Post-implementation challenges of fair value measurement (IFRS 13): some empirical evidence

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