An Evaluation of Accounting Information Disclosure. In the Nigerian Oil Marketing Industry

      Аннотация: The aim of this study was to evaluate accounting information disclosure in the Nigerian Oil Marketing Industry with respect to SAS 2 and SAS 17 and to establish whether accounting information disclosure by Nigerian Oil Marketing Companies is affected by Codes and Statutes (e.g. NASB (2003) and EFCC (2004) Acts), Auditor type, Information and Communication Technology and Company Attributes (such as company size, age, profitability, liquidity, ownership diffusion, auditor type and leverage). The research used descriptive statistics to explain important characteristics of both the dependent and the independent variables of the study. To quantify the level of application of the two standards (SAS 2 and 17), Compliance Index containing thirteen requirements of SAS 2 and two requirements of SAS 17 was devised and applied to 50 financial statements of five sampled firms studied over a ten year period. In addition, questionnaires were administered on NASB Staff and Independent Auditors to obtain information not available in the financial statements. Student’s t-test was used to assess the impact of NASB (2003) Act and EFCC (2004) Act on compliance to SAS 2 and 17.

Ключевые слова: compliance, accounting information, Nigerian Oil Marketing Industry, industry, Nigeria