The Effect of Creative Accounting on the Financial Performance of Deposit Money Banks in Nigeria from 2008 -2017

Abstract

The study examines effect of creative accounting on the financial performance of deposit money banks in Nigeria from 2008-2017. The following money banks were used Diamond bank, First bank, Zenth bank, United Bank for Africa (UBA), Guaranty Trust Bank. The dependent variable is profit after tax (PAT) and Independent variable includes; total assets, total liabilities and total equity. The researcher adopted ex-post fact research design. A panel data gotten from fact book of CBN covering the of 10years from deposit money banks were analyzed using descriptive statistics, unit root test and multiple regression analysis. The study revealed that creative accounting in assets has a positive and significant effect on the profit after tax of deposit money banks in Nigeria. The research concluded that creative accounting in Assets, Liabilities and Equities has a positive and significant effect on the profit after tax of deposit money banks in Nigeria.