CRITICAL ANALYSIS OF ACCOUNTING INFORMATION AND THE RECENT GLOBAL FINANCIAL CRISIS

The ravaging global financial crises that have engulfed most developed nations and spread to emerging economies in the South and West poles of the globe have been found to emanate from United State unpaid housing mortgages. The crises have resulted to decline in consumer wealth, economic activities, foreclosures, decrease in aggregate demand and high lending defaults trigging different bail-out initiatives in most vulnerable nations. This study revealed that there is relationship between financial accounting, the growth of the shadow banking system, and macro-economic instability. This value indicates that there is a tendency to answer the approval of the study sample in directions of this study. The statistics indicate that higher proportion of the respondents believed that there is no concrete relationship between the crisis and the economic stability. Thus, in a globalized world, transactions are carried out in different countries in integrated markets as reflected in the study that there is significant relationship between accounting information and the current financial crisis. The study reveals that the world has over the past two decades headed towards liberalization and deregulation, with the goal of integrating world markets.

TABLE OF CONTENTS

Chapter One: INTRODUCTION

1.1       Background to the Study

1.2       Statement of the Problem

1.3       Objectives of the Study

1.4       Statement of Research Questions

1.5       Statement of Hypothesis

1.6       Research Methodology and Sources of Data

1.7       Justification of the Study

1.8       Scope of the Study

1.9       Limitation of the Study

Chapter Two: LITERATURE REVIEW

2.1       Introduction

2.2       Evolution of the Global Economic Crises

2.3       Causes and Effects of the Global Financial Crises

2.4.      Global Financial Crises in Developing Countries: Transmission Mechanisms

2.5       Financial Crisis and the Accounting Research

2.6       Accounting Research and Political Economy

Chapter Three: RESEARCH METHODOLOGY

3.1       Introduction

3.2       Research Design

3.3       Population and Sample Size

3.4       Re-Statement of Research Questions

3.5       Re-Statement of Hypothesis

3.6       Sources of Data and Method of Collection

3.7       Method of Data Analysis

Chapter Four: DATA PRESENTATION, ANALYSIS AND INTERPRETATION OF RESULTS

• Introduction
• Presentation of Data
• Data Analysis

Chapter Five: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1       Introduction

5.2       Summary of findings

5.3       Conclusion

5.4       Recommendations

5.5       Suggestion for further Studies

References