Price earnings ratio is widely and commonly used in determining if a stock is over or undervalued. Basically, price earnings ratio, expresses the relationship between current stock market price per share and the reported yearly earnings per share; usually of the last quarters. It derived its meaning from the payback multiple, which is the time it will take to recover one’s investment. It also, shows what the market or investors are willing to pay today for a stock based on its past and future earnings. Hence, it helps investors determine the price of stock compared to the earnings of the company.
This study examine the place of accounting standards and professional ethics on Nigeria quoted firms as it relates to earnings management. The basic purpose of accounting standards is to facilitate the provision of financial information about entities to enable investor, analysts, creditors and the entities themselves to make informed decisions about the allocation of resources. Standards in Accounting are essential and of utmost importance and as such should not be ignored or neglected in accounting related businesses and literatures. This paper looks at the meaning and reasons for standards, international financial reporting standards (IFRS). The study also examine the effect of professional ethical accounting standards on quoted firms earnings management.
PATENTED TECHNOLOGY FOR INDUSTRIAL PRODUCTION OF BLAND/ODORLESS SOY-MILK POWDER, CAPABLE OF CREATING OVER 5,000 JOBS, ENGENDER GROWTH IN THE NON-OIL SECTOR AND ENHANCE FOREIGN EARNINGS IN LINE WITH THE BANKERS’ COMMITTEE EXPORT FACILITATION INITIATIVE OF APRIL 4, 2019.
Harnessing and Implementing the Resolutions of Economic Summits and Conferences for Growing Nigeria’s Economy: 47th G7 Summitand 7th Tokyo International Conference on Africa Development-Ticad 2019 in Perspective - by Nwachukwu Lucas Emmanuel
While we pursue these economic aspirations, we must leverage on technology for digital transformation, the need for transformative technology to further innovations cannot be overlooked as we strive to be among the best economies in the world. While Nigeria may consider the options aforementioned, there is even a bigger problem of the will to implement because of high level of corruption in the system. The IMF study estimates that the impact of 1 point change in the corruption index results in a 1.2 percentage point change in economic growth per annum. Therefore, the impact on economic growth from a simulated decrease in corruption will impact on growth of the country’s economy.To effectively implement decisions reached at these gatherings, Nigeria needs political stability and strength of public institutions among others and this can significantly improve the economy and the lives of Nigerians.
The best advice students can get on leading a healthy life is to assert themselves. By letting someone else make uncomfortable health decisions for them, they are giving up their personal power. To be or not to be healthy – it’s up to every student!