Population and Sample
The population of this study consist of preparers and users of financial reports of quoted companies in Nigeria.
The preparers are represented by Accountants and Managers who are responsible for the preparation of financial
statements. The users of financial reports are Investment analysts, they are selected because they are principal
users of financial reports which have good investment knowledge which aids analysis of financial reports and
decision making. A sample of 150 respondents, comprising of 75 preparers (Accountants and Managers) and 75
Investment analysts was selected at random.