Earnings Management and Value Relevance in Nigeria: A Pre and Post Ifrs Analysis

Abstract

The purpose of this article is to analyse the literature concerning legal framework for outer space activities by states. Review was conducted on the elements of national space law, including literature critiquing particular strengths or weaknesses of existing laws and literature, on the obligations placed on States under international law and on why writers make particular recommendations as to the content of legislation. The article will summarise the key elements one would anticipate finding in the outer space regulatory framework and which will form the structure of the analytical framework when considering how States implement international space law in practice. In recent times, the issue of earnings management and value relevance has caused financial reports to come under scrutiny.

Manipulation of accounting figures and financial performance of listed nigerian firms

“…Conversely, revenue falsification had a negative impact on return on assets albeit statistically insignificant. This is in line with Temile [22] , Wang and Ndungu's findings. Lastly, understatement of liabilities also had a negative Sunny Oteteya Temile at.al (2021) but not statistically significant impact on return on assets.…”