European Journal of Accounting, Auditing and Finance Research (EJAAFR)

EA Journals


Ethical Principles and Relevance of Financial Reports of Quoted Companies in Nigeria (Published)

Financial reports are meant to present relevant accounting information among other qualities required of them. The relevance of financial report is necessary in decision making; investors, lenders and other creditors place reliance on financial reports that reflect predictive and confirmatory financial information. However, some financial information have been known to be distorted or falsified; resulting in irrelevant and misleading reports that are not suitable for decision making. Using survey research design based on a population of 4893 accountants and auditors of 169 quoted companies and four regulatory bodies in Nigeria, the study investigated the relationship between ethical principles and relevance of financial reports. Four hundred copies of the research instrument with a reliability test coefficient of 0.830 using the Cronbach’s alpha statistics were distributed with a 92.5% return rate. Data analysis employed the use of descriptive and inferential statistics. The results indicate that ethical principles influence the relevance of financial reports significantly ( F(4, 366) = 36.721, Adj. R2 = 0.279, p = 0.000). The study recommends continuous ethical orientation for accountants, managers and auditors of Nigerian quoted companies

Keywords: Ethics, Financial reports, Integrity, Quoted companies, Relevance

The Need for Ethics in Professional Accounting (Published)

This paper takes a glance at the vital moral problems faced by skilled accountants as they execute their roles once doing their daily businesses. The study conjointly examines the role of academic institutes in promoting and enhancing ethics within the world of accounting profession. Since, there is a requirement for ethics in accounting and what would result from acting unethical by accountants to the business entity. Accountants and auditors owe their purchasers and society duties and responsibilities demanded in various businesses for guaranteed transparency within the profession. Necessary notifications of accounting profession ethics are realized to be essential in every business background, hence, accounting should either be embedded either on inside associate organization’s culture or in associate individual’s angle.

Keywords: Accounting, Accounting Profession, Ethics, Morals

Auditing and Ethical Sensitivity: Resolving the Dilemma (Published)

In recent times corporate failures and accounting scandals have shaken the foundations of investor confidence. This has brought the transparency, integrity and accountability of corporations and capital markets under serious scrutiny. The public has been disquiet about the role professional auditors and audit firms played in these corporate scandals. The consequences for many of the players in the market for financial information have been enormous; reputations both of key individuals and organizations have been ruined, jobs lost, and pension funds have been eroded. The economic and social damage has been incalculable, and the implications far-reaching for corporate management, company directors, audit firms and the investing public. The accountant including the auditor played a major role in these events. The issues behind these failures may be complex but it is generally believed that a lack of ethical behaviours played a significant role in all these failures. This paper therefore attempts to address the role ethical sensitivity play with regards to auditing and tries to proffer resolutions where dilemmas exist. On the whole we concluded that auditors /accountant do face ethical dilemmas in the course of carrying out their professional duties. However it was recommended that auditor ought to have high ethical awareness while the firm and the profession monitor strict compliance with ethical and professional standards by the auditor.

Keywords: Auditing, Corporate failures, Dilemma, Ethical Sensitivity, Ethics, Integrity

The Extent of Response to the Social Responsibility Accounting in Tourism Sector: A Case of Jordan (Published)

This study aims at identifying the extent to which the tourism sector in Jordan responds to the accounting for the social responsibility. In order to achieve the goals of the study, a questionnaire has been used to collect the necessary data from 50 participants who have been randomly selected from the field of accounting in the southern region hotels. The statistical results show that there is a clear response from the tourist hotels toward their social responsibility in human resource development on the one hand and toward the preservation of the environment on the other. The study concludes with a number of recommendations including: the need for continuous efforts to meet the social responsibilities, working to keep up with any new requirements, paying more attention to human resources in the surrounding communities, increasing attention to reserves, and providing more support to the community through having a role in creating some attractive tourist environment such as resorts and artificial lakes that will help in prolonging the period of stay of tourists which in turn will reflect positively on those hotels.

Keywords: CSR accounting, Environment, Ethics, Human resource, Tourist Hotels

Scroll to Top

Don't miss any Call For Paper update from EA Journals

Fill up the form below and get notified everytime we call for new submissions for our journals.