Ethical Accounting Practice and Reporting Quality of Selected First Bank Plc Firms in Osun State

The study was carried out to examine the Ethical Accounting Practice and Reporting Quality of Selected Forms in Osun State. Investigation revealed that people occasionally have to deal with issues of will weakness and moral conundrums. Accountants are no exception. An accountant faces several circumstances in their professional life when they are forced to make moral judgements. Due to their lack of independence from senior executives, some companies manipulated their financial reports by using off-balance sheet financing.
The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. Primary data were collected from the primary source which questionnaire was used as an instrument of data collection while secondary data were sources from textbooks, journals, newspapers and the internet were employed. The data were presented on a frequency distribution table and analyzed using simple percentage.
The outcome of the second hypothesis tested showed that, objectivity has a significant impact on financial reporting quality of Nigerian firms. Other hypothetical result is outlined at the presentation and data analysis section. The findings of this research are primarily significant from its search for empirical responses to questions about ethical accounting and financial reporting in Nigeria. The relevance of accounting information is determined by how it influences users' decisions, particularly investors' decisions and how they make those decisions.
Based on the findings of this research, it was recommended that ethical accounting practice should always be appreciated by the boss and the organization. In this way, the secretary will maintain the ethical standard. In addition, accountants should always be reminded of the ethics of their profession by the Human resource office so as to get the best out of them.