Abstract The researcher intends to find out the cost and benefit of adopting and implementing IPSAS to financial reporting in the Nigeria public sector. The cost of implementing the standard is actually a big task as it would mostly involve the cost of training personnel, writing of new accounting manuals, installation of adequate information and communication technology software for the programme both at the Federal, State and Local government, among others. On the economic side, Ngama (20...
ABSTRACT This study was on the causes and effect of Tax Evasion and Avoidance on the economy (Board of Internal Revenue in Abia State). The major objective of the study is to identify the causes and effect of Tax Evasion and Avoidance in the state and how it is done. It also the aim of the study to suggest ways of at least minimizing this ugly incidence in the state, and the study sought the opinions of the staff (Senior and Junior) of the organization. The population size of the research wor...
ABSTRACT This project work was carried out primarily to assess the role of commercial banks in financing small scale industries with particular reference to UBA Plc Awka Branch. In this exercise, two vital categories of functional areas were investigated. The two groups under investigation were the staff and customers of UBA. They were considered to stand better chances of evaluating the Impact of Commercial Banks Loans in Financing Small Scale Industries. The instrument of data collection wa...
ABSTRACT The study was carried out to find out the impact of taxes on small and medium scale business enterprises in Nigeria.The study aimed at assessing the performance of business enterprises in Nigeria, finding out if tax payers are aware of all their tax obligations, policies and problems affecting them as well as their businesses. The study applied both qualitative and quantitative research designs where interviews and questionnaires were used. Data was collected from both primary and se...
ABSTRACT The main purpose of this project is to find out the Role of accountants in the economic development of Nigeria with particular reference to the Nigeria Bottling Company Onitsha. The Role of accountants in the management of business organization varies and highly challenging. The accountants who make use of the concepts and principles of account concerns themselves with the recording, analysis, directing and co-operate the preparation of forecast, budget and other financial plans. Sin...
ABSTRACTAn international wave of mergers and acquisitions has swept the banking industry as boundaries between financial sectors and products have blurred dramatically. There is therefore the need for countries to have sound resilient banking systems with good corporate governance, which will strengthen and upgrade the institution to survive in an increasingly open environment. In Nigeria, the Central Bank unveiled new banking guidelines designed to consolidate and restructure the industry th...
ABSTRACT It could be affirmative to say that the index for measuring any growing economy’s advancement is the extent to which its industries both the large and small scale has been growing over time. It’s a fact that none of these industries can grow without the required financial assistance from financial institution. The main objective of this study is to find out to what extent commercial banks have helped in the development of rural Nigeria, for the period of 2005-2011. The secondary ...
CHAPTER ONE 1.1BACKGROUND TO THE STUDY (INTRODUCTION) Accounting is essential to all advance civilization which has moved beyond barter or counter trade is a means of each exchanging and has devised some sort of monetary system of payment. Geofficy, Whitehead (1994, p.89), individual corporate bodies and government other which ranges from proper recording of income and expenditure to easy determination of profit or loss from their business activities. According to Geofficy Whitehead (1994, p....
ABSTRACT The management accounting is identified as one of the key officers in the Accounting Department of any manufacturing company has the duty of providing the required professional information route to achieving the organizational goal. This made the researcher to choose the role of management accountant in profit maximization for his project Ibeto Plc, Nnewi has been used as a case study. The researcher made use of both primary and secondary data, and structured questionnaires which wer...
ABSTRACT This study is aims at knowing the extent to which the impact of accounting have actually enhanced the growth of Pal breweries Ltd, Oko. To determine how accounting plan helps to achieve a particular purpose for the growth of companies, to enable the accounting to effectively involve in the entire extended companies, to take a long-term view of the company strategies and actions. The population includes the managers and Accountants of some industries in Anambra State, while the assess...
ABSTRACT This study was undertaken to find out the relevance of profitability to business performance and also to provide means by which profit can be maximized. It investigated the techniques put in place by an organization to maximize profit and recommended ways by which improvement could be made. A sample of thirty personnel were drawn from the population for field survey. Data collected from respondents through questionnaires, observation and interview were analyzed using applicable sta...
ABSTRACT The main write up of this project is to identify the causes, effects and solutions to the problem of distress in banking sector of Nigeria economy. The chapter one deals with the introduction which talks about how bank failure that is inability of a bank to meet its obligations to its customers, owners and the economy occasioned by fault or weakness in its operation which had rendered it insolvent and bankrupt. The objectives of the study, the scope of the study, statement of the...
ABSTRACT The role of commercial banks in the growth and development of a nation’s economy cannot be understated. Since commercial banks operations are vital for economic advancement, factors that impair its operations will have a negative effect on economic development. Hence, it is important to know these factors. Fraud is one of the major causes of problems that face the commercial banks. Hence, the researcher deemed it imperative to search further into all that is necessary to be kno...
THE IMPACT OF CORPORATE GOVERNANCE ON BANK PERFORMANCE IN NIGERIA. ABSTRACT This study seeks to examine the impact of corporate governance on bank performance in Nigeria from the period of 2009 – 2014. Corporate governance mechanism was proxied by board size, board composition, audit committee members and bank performance by return on asset. Data were collected from the bank annual financial report from the study period and were analyzed using the ordinary least square multiple regression ...
INTRODUCTION The increasing complexity of the business environment has necessitated a systematic approach to the impact of budgetary control on the profit of business enterprise. Based on business philosophy, nationally or internationally corporate goal in centered on high production with minimal production cost and hence profit maximization. Sufficient profit is required so that the rating of the efficiency of the business organization will be high. The owners of the business will exp...