2025-04-01https://repository.covenantuniversity.edu.ng/handle/123456789/39615Nonnally, it is the practice of companies to publish forecasts of future prospects dwing mergers, acquisitions, and offer for sale or subscription using the prospectus. Since the forecasted results to some ex tent detenn ine the actual rcp01ted performance of these companies (in tem1s of earnings per share and dividend per share), in vestors and shareholders could request that companies show one to three year forecasts in their annual repo1ts. Despite the significance of profit forecast to investors, little or no attent ion has been paid to its reflection in the annual rep01t of companiesapplication/pdfH Social Sciences (General), HF5601 AccountingArticle