The impact of creative accounting on deposit money banks - case study of Guaranty Trust Bank, Ilorin Department:Accountancy By: ENIOLAMOSES Project ID: 9187 Rating: (5.0) votes: 1 Price:₦5000 Get the Complete MaterialAbstractThis research examines the impact of creative accounting practices on shareholders’ wealth in Nigeria, with a focus on selected deposit money banks. The study aims to determine how techniques such as tax avoidance, accelerated depreciation, and income smoothing influence financial reporting and market valuation of firms. It also explores the ethical and regulatory implications of creative accounting within the Nigerian banking sector. The study adopted a quantitative research design, using primary data collected through structured questionnaires administered to 64 respondents comprising accountants, auditors, financial analysts, and managers in selected banks. Secondary data were sourced from annual reports and financial statements of these banks. Regression analysis was employed to test the hypotheses and establish relationships between creative accounting variables and shareholders’ wealth. Findings reveal that while some creative accounting techniques may temporarily enhance earnings per share (EPS) and market perception, they ultimately undermine true value creation for shareholders. Specifically, income smoothing and tax avoidance were found to have mixed effects—sometimes stabilizing reported profits but often distorting actual financial performance. Accelerated depreciation showed minimal long-term benefits to shareholder value. Additionally, the study found weak enforcement of corporate governance standards and auditing ethics, contributing to the prevalence of manipulative accounting practices. Based on these findings, the study recommends strengthening corporate governance frameworks, improving transparency in financial reporting, enhancing auditor independence, and increasing regulatory oversight to curb unethical accounting behaviors. It further suggests the need for continuous sensitization of stakeholders on the long-term risks associated with creative accounting. This research contributes to both academic discourse and practical policy-making by linking creative accounting practices to shareholder wealth maximization theory. It serves as a guide for investors, regulators, and corporate entities in understanding the consequences of financial manipulation on market confidence and economic stability in Nigeria’s banking industry....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»The impact of development finance institutions (DFIS) in economic development of Nigeria»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )