ABSTRACT The study tends to enhance transparency, disclosure and comparability. It is evident that the implementation of IFRS reinforces stock market liquidity and leads to lower cost of capital and transaction costs, higher market value and better reputation. In view of the need to utilize accurate data for this research, primary data were obtained through a structured questionnaire to elicit responses from respondents to meet the requirements of this research. The data for the foregoing stu...
The study tends to verify if there's any relationship with credit managements and banks performance which took into consideration the study of 10 listed banks in Nigeria and their 5years financial statements. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDYThe United States Supreme Court (Austen) in 1899, defined a bank as an institution, usuallyincorporated with power to issue its promissory notes intended to circulate as money (known asbank notes); or to receive the money of others on...
ABSTRACT The need for effective working capital management within Small and Medium Enterprises (SMEs) remain pivotal to profitability of Small and Medium Enterprises (SMEs) in Lagos State. Most SMEs do not care about their working capital position, while only little have regard for their working capital position and most do not even have standard credit policy. In consonance with these, this study examined the effect of working capital management on the profitability of Small and Medium Enter...
Effectiveness of the audit committee to quality financial reporting in Nigeria. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Financial reporting is the preparation of published report for users of financial statements. Theissues relating to financial reporting could be traced back to 1975 with the advent of what wasthen known as corporate report, in England. In Nigeria, following the increasing demand forfinancial information on companies, financial reporting h...
ABSTRACT This research project is designed to bring out the importance of audit to the effective working of the organization using First Bank Nigeria Plc Okpara Avenue,Enugu State. In pursuant to this, data were collected by personal interview, questionnaires and through researcher’s observation. Secondary data were collected from journals, publications and related works. Also, findings showed that all the strategies for effective working operations are applicable in the case st...
n order to strengthen the competitive and operational capabilities of banks in Nigeria with a view towards returning global and public confidence to the Nigerian banking sector and the economy in general, the Central Bank of Nigeria instituted a banking reform in 2004. Mergers and Acquisitions have taken charge in creating a market niche by making top notch service delivery achievable through the synergy that is achieved after M & A takes place. The Nigerian banking sector has seen many lar...
ABSTRACT Fraudulent practices in Nigerian Deposit Money Banks (DMBS) have led to increased losses and collapse of deposit banks, hence the need to use digital forensics services to detect and prevent such fraudulent activities. The banking industry is a very important institution with many internal controls in order to overcome the fraudulent practices. The objective of this study was to examine the impact of digital forensics services on fraud detection and prevention among deposit money ...
ABSTRACT This study examines forensic accounting as a tool for fraud detection and prevention in the Public Sector. In conducting the study, hypotheses were stated and questionnaires were drawn in line with the hypotheses for testing. The study utilized primary source of data collection. A total of 132 questionnaires were retrieved from staff of Nigerian Film Corporation, Jos. Analysis was carried out using descriptive statistics, chi-square. The null hypotheses were rejected indicating ...
ABSTRACT Treasury Single Account (TSA) came as a quick fix to regulating the level of accountability and transparency in the financial resources of the government of the country. Treasury Single Account (TSA) is a unified structure of government bank accounts enabling consolidation and optimal utilization of government cash resources. Through this bank account or set of linked bank accounts, the government transacts all its receipts and payments and gets a consolidated view of its cash positi...
ABSTRACT This study investigated the impact of microfinance banks on financial inclusion in Nigeria using five selected microfinance banks in Abuja as a case study. The purpose of the study is to examine the impact of micro financing on financial inclusion in Nigeria and to see how other factors surrounding the microfinance banks affects financial inclusion. A likert type questionnaire was used for data collection. A total of 100 respondents were randomly selected as sample for the study to...
Abstract Key words forensic accounting DMBs pressure opportunity rationalization The primary role of the forensic accountant/examiners is the depending fraudulent litigations before a competent court of jurisdictions. In addition the forensic accounting index sore (FAIS)if followed strictly will of no doubt prevent financial malpractices in the Deposit Money Banks (DMBs) listed in Nigeria. The main objective of this study is to investigate the moderating role of forensic accounti...
ABSTRACT The focus of this research is on the impact of financial literacy on the profitability of some small-scale enterprises in Calabar Municipality, Cross River State. An inquiry into their level of adoption of financial literacy was also studied. A review of related literature was carried out to examine the extent of work done in the field. A carefully structured questionnaire was used to collected data on the level of adoption of financial literacy and also a financial literacy test. S...
CHAPTER ONE1.0.BACKGROUND OF THE STUDYFinancial instability has been in the scene of Nigerian economy for a long time. Itis obvious that the financial instability is an important topic to develop. The costburden associated with bank failure is so disturbing that the need for continuedstudy of causes of banking financial instability on both the practical and theoreticallevel cannot be overemphasized. Some years back, Nigeria witnessed numerousbank failures. Example Savannah bank, All State Tru...
CHAPTER ONE1.0. BACKGROUND OF THE STUDYCredit management in our banking sector today has taken a different dimension from what it used to be. The banking industry has adopted a lot of strategies in checking credit management in order to stay in business. Thus the banking industry in Nigeria has lost large amount of money as a result of the turning source of credit exposure and taken interest rate position. Nigerian banks are being required in the market because of their competence t...
The purpose of the study is to make a comparative analysis of the human capital efficiency (HCE) of the private and public banks in India for the period 2005-06 to 2009-10. The study is based on the secondary data taken from the financial statements of the banks. Value added method has been used to measure the human capital efficiency of the banks. Exponential trend method, ANOVA and GAP Analysis has been used to measure the variation in the human capital efficiency of the private and p...