Topic Auditor’s Role in Reporting of Financial Statement of a Company (A Case Study, Olushola Adekanola and Company Chartered Accountants)

TABLE OF CONTENT

CHAPTER ONE: STATEMENT OF PROBLEMS

INTRODUCTION

1.1      Statement of the problems

1.2      Aims and objectives

1.3      Scope and constraints of the study

1.4      Significance of the study

1.5      Plan of the study

1.6      Definition of terms

CHAPTER TWO: LITERATURE REVIEW

2.1      Meaning of financial statement

2.2      Information to be disclose in financial statement

2.3      Function of financial statement organization decision making

2.4      Uses of financial statement

2.5      Meaning of auditing

2.6      Duties and responsibilities of an auditor

2.7      Auditor’s independence

2.8      Reference

CHAPTER THREE: RESEARCH METHODOLOGY

3.1      Brief history of case study

3.2      Organizational function of olushola adekan ola and company

3.3      Membership and organizational structure of the case study

3.4      Sources of data collection

3.5      Method of data collection

3.6      Population of the study

3.7      Limitation of the methodology

CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND PRESENTATION

4.1      Analysis of data

4.2      Formulation and testing of hypothesis

4.3      The internal control of the case study

4.4      Analysis of annual report

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1      Summary

5.2      Conclusion

5.3      Recommendation

Bibliography

CHAPTER ONE

1.0   INTRODUCTION

        In the contempory business world, there should be a good communication method between the management and the providers of capital otherwise called the owners of shareholders. Usually, the shareholders appoint expertise as managers/ director to run the business on their behalf.

         This occurs when the shareholders do not have the technical know-how or have limited time to manage the business. The manager communicate the stage of affairs of the business to them (the owners) at the end of each financial year through the preparation of financial statement.

         The financial statement of a company are the annual reports and accounts prepared by the company. The sole responsibility of preparing financial statements of a company of the activities for an ontity for a particular reporting period. The main objective for an entity for a particular for the preparing the financial statement are to show the financial position and state of operations of a company to the relevant users of financial statements, especially shareholders. The financial state of a company is often displayed in the income statements. Balance sheet, cash flow statements, notes to the accounts and other statements, and explanatory materials which form part of the financial statements, which are prepared from the receipts, vouchers, documents and records of a company, the financial statements is mainly designed by the manager to give report of their stewardship to the shareholders.