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PUBLICATION OF FINANCIAL FORECASTS:PREDICTIVE ACCURACY AND IMPLICATION FOR USERS OF FINANCIAL REPORTS.

Odia, James and Eriabie, Sylvester O. (2005) PUBLICATION OF FINANCIAL FORECASTS:PREDICTIVE ACCURACY AND IMPLICATION FOR USERS OF FINANCIAL REPORTS. BIU Journal of Social And Management Sciences, 3 (1). pp. 31-47. ISSN 111 !5 - 3409

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Abstract

Nonnally, it is the practice of companies to publish forecasts of future prospects dwing mergers, acquisitions, and offer for sale or subscription using the prospectus. Since the forecasted results to some ex tent detenn ine the actual rcp01ted performance of these companies (in tem1s of earnings per share and dividend per share), in vestors and shareholders could request that companies show one to three year forecasts in their annual repo1ts. Despite the significance of profit forecast to investors, little or no attent ion has been paid to its reflection in the annual rep01t of companies

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 27 Feb 2018 10:43
Last Modified: 27 Feb 2018 10:43
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/10264

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