Live Covid-19
United States 89,360,080
Cases: 89,360,080
Deaths: 1,042,678
Recovered: 84,916,391
Active: 3,401,011
India 43,471,282
Cases: 43,471,282
Deaths: 525,139
Recovered: 42,836,906
Active: 109,237
Brazil 32,358,451
Cases: 32,358,451
Deaths: 671,466
Recovered: 30,846,850
Active: 840,135
France 31,083,859
Cases: 31,083,859
Deaths: 149,533
Recovered: 29,620,989
Active: 1,313,337
Germany 28,293,960
Cases: 28,293,960
Deaths: 141,189
Recovered: 26,702,200
Active: 1,450,571
United Kingdom 22,720,345
Cases: 22,720,345
Deaths: 180,330
Recovered: 22,145,429
Active: 394,586
Italy 18,523,111
Cases: 18,523,111
Deaths: 168,353
Recovered: 17,469,969
Active: 884,789
Russia 18,433,394
Cases: 18,433,394
Deaths: 381,165
Recovered: 17,861,605
Active: 190,624
South Korea 18,368,857
Cases: 18,368,857
Deaths: 24,555
Recovered: 18,204,741
Active: 139,561
Turkey 15,123,331
Cases: 15,123,331
Deaths: 99,032
Recovered: 15,005,249
Active: 19,050
Spain 12,734,038
Cases: 12,734,038
Deaths: 107,906
Recovered: 12,218,358
Active: 407,774
Vietnam 10,746,470
Cases: 10,746,470
Deaths: 43,087
Recovered: 9,681,318
Active: 1,022,065
Argentina 9,367,172
Cases: 9,367,172
Deaths: 129,070
Recovered: 9,163,334
Active: 74,768
Japan 9,329,520
Cases: 9,329,520
Deaths: 31,281
Recovered: 9,135,363
Active: 162,876
Netherlands 8,184,179
Cases: 8,184,179
Deaths: 22,378
Recovered: 8,063,483
Active: 98,318
Australia 8,162,153
Cases: 8,162,153
Deaths: 9,930
Recovered: 7,905,095
Active: 247,128
Iran 7,238,126
Cases: 7,238,126
Deaths: 141,389
Recovered: 7,062,657
Active: 34,080
Colombia 6,175,181
Cases: 6,175,181
Deaths: 140,070
Recovered: 5,984,546
Active: 50,565
Indonesia 6,090,509
Cases: 6,090,509
Deaths: 156,740
Recovered: 5,916,854
Active: 16,915
Mexico 6,034,602
Cases: 6,034,602
Deaths: 325,716
Recovered: 5,192,957
Active: 515,929
Poland 6,015,634
Cases: 6,015,634
Deaths: 116,429
Recovered: 5,335,673
Active: 563,532
Portugal 5,171,236
Cases: 5,171,236
Deaths: 24,149
Recovered: 4,745,321
Active: 401,766
Ukraine 5,017,038
Cases: 5,017,038
Deaths: 108,638
Recovered: 4,906,519
Active: 1,881
North Korea 4,744,430
Cases: 4,744,430
Deaths: 73
Recovered: 4,736,220
Active: 8,137
Malaysia 4,566,055
Cases: 4,566,055
Deaths: 35,765
Recovered: 4,500,856
Active: 29,434
Thailand 4,525,269
Cases: 4,525,269
Deaths: 30,667
Recovered: 4,470,490
Active: 24,112
Austria 4,438,883
Cases: 4,438,883
Deaths: 18,792
Recovered: 4,314,940
Active: 105,151
Israel 4,344,800
Cases: 4,344,800
Deaths: 10,958
Recovered: 4,259,884
Active: 73,958
Belgium 4,225,222
Cases: 4,225,222
Deaths: 31,903
Recovered: 4,122,858
Active: 70,461
South Africa 3,993,843
Cases: 3,993,843
Deaths: 101,793
Recovered: 3,880,462
Active: 11,588

Creative Accounting, Performance of Deposit Money Banks, Nigeria

Creative Accounting, Performance of Deposit Money Banks, Nigeria

ABSTRACT

The recent collapse of firms has cast doubt on the quality of accounting services provided by employees, as well as the credibility and quality of work performed by auditors (internal and external), as accountants have been accused of succumbing to pressure from management to prepare and present reports that suggest impressive performance and a clean bill of health for the organization in question. As a result, the study assessed the impact of innovative accounting procedures on the performance of Nigerian deposit money institutions. The study used a survey research approach. Four banks were chosen from a total of 21 deposit money banks in Nigeria using a judgmental random selection approach. 50 respondents were chosen using a stratified random sample procedure to provide primary data. The replies to the questionnaire on a 5-point Likert Scale were sorted into two groups, and descriptive statistics were utilized to examine hypothesis one and two. In the investigation of hypothesis three, the correlation approach was used. The findings of the research revealed that creative accounting has a major impact on the non-financial and financial performance of Nigerian banks. A strong link was also discovered between the contribution of creative accounting practices to bank financial and non-financial performance. According to the findings, creative accounting has a detrimental impact on Nigerian banks since judgments taken based on the information presented were false, resulting in claims of corporate failure as a result of such activities. The study suggests, among other things, that accountants working for organizations who want to engage in creative accounting practice should resist and/or persuade management by explaining in detail the consequences of doing so, as it is unethical and can lead to misleading financial performance indicators.

Keywords: Creative Accounting, Performance of Deposit Money Banks, Nigeria

Authorship

1Eke, Celestine Chinwe, 2Chidiebere, Nnamani PhD., and 3Ukwueze, Nnaemeka Thaddeus | FULL PDF

 

Categories: