Assessment of Financial Reporting Qualities of Ethiopian Commercial Banks

The main purpose of this study was to assess the financial reporting qualities of commercial banks of Ethiopia that incorporated both private and public sectors (17 commercial banks). A mixed research approach was used and quantitative (using questionnaires) and qualitative data (using interview) datäs were taken by using a purposive sampling design. A questionnaire with five Likert scales for the survey which is mainly used for the quantitative part and a semi-structured interview guide for the qualitative were used as data collection tools. SPSS version 20 for windows was employed to perform statistical analysis and findings were displayed using tables and pie-charts. In order to investigate the findings, the study tried to assess the qualities of those targeted banks financial reports depending on fundamental (relevance and faithfulness) and enhancing (understandability, comparability and timeliness) qualitative characteristics of accounting information.