ABSTRACT In this study, the objectives of this research work is to ascertain the reason for assessing of evaluate the impact of internal audit function in state ministries and to find out the extent or scope to which government finance and properties are accounted for. The researcher’s motives or interest of carrying out this research work is to put right the poor efficiency and effectiveness of internal auditing function in the government offices or ministries in the state. Therefore, the...
ABSTRACT The research was poised in finding out whether accounting profession is a panacea in the recapitalization and thus ascertained equally how the knowledge of professional accountants bring positive impact in the recapitalization of Nigerian banks. One of the objectives of the study is examine the reasons for neglecting Accounting models and techniques in addressing bank financial issue/recapitalization. The population variable of 132 employees of selected banks and a sample size of...
BACKGROUND OF THE STUDY Corporations are facing increasing pressures to be accountable and transparent, and to disclose a wide variety of information about activities, including their sustainability. Sustainability is an emotionally-charged topic and its meaning may differ between individuals and corporations. For the purposes of this project, I define sustainability reporting as the communications which corporations make concerning their corporate social-responsibility (CSR) activities, in...
ABSTRACT Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology (ICT) has reduced the world to a global village. This has given rise to the continuous integration of the world economy and capital markets which has in turn given rise to increase in the interdependence of international financial markets. As a result of this, there is increased mobility of capital across boundaries of the globe...
The purpose of the study are as follows to determine how the development bank have helped to provide finance to small-scale industries as start up or working capital for the business. To determine how Nigeria banks help to procure machines and equipment for small-scale industries either through leasing or here purchase to encourage massive production. To determine how development bank has helped to provide technical and managerial expertise including undertaking of feasibility of consul...
ABSTRACT This research was carried out in order to investigate the factors affecting audit quality in Nigeria. The primary data were supplied by 430 respondents across several stakeholders in the fields of financial reporting and auditing. The secondary data were generated from the financial statements of forty annual reports of companies quoted on the Nigerian Stock Exchange. The test of hypotheses and other analysis of data were done using SPSS, version 17. The tests revealed that among oth...
ABSTRACT This study investigates the effects of ATM infrastructure on the success of e-payment. The study is motivated by the apparent low level of satisfaction with the level of the e-payment services irrespective of the increased deployment of ATM by banks and the need to isolate the critical factors responsible for this. In carrying out the study, banks that are on the interswitch network formed the population. The analysis is based principally on primary data collected from users of the A...
The business of banking is basically about efficient service delivery. Consequently, the introduction of facilities that enhance the delivery of banking services in a cost-effective manner is always a welcome development. This is what information technology (IT) is all about. As competition in the market place increase, and several modes of delivery for banking products and services,automated teller machine (ATM) has become an important issue, not only in retaining customers but also gaining ...
ABSTRACT An effective accounting information system is essential to any organization’s long run success. Without a means of monitoring the events that occur, there would be no way determine how well the organization is performing. The aim of this study is to check the effectiveness and efficiency of financial management in computerized environment; to ascertain whether computer has since its adoption enhance profitability and effectiveness in managing the banking and other financial sectors...
ABSTRACT This paper critically reviews the implications of Nigeria Personal Income Tax (Amendment) Act 2011 as they affect personal income tax administration in the hands of tax authorities as well as employers, employees and individuals as it relates to compliance issues of payment, collection, and remittance of personal income tax. This explorative study relied on the review of relevant literature on Personal Income Tax Administration in Nigeria and the reactions of stakeholders on the new ...
ABSTRACT The study examined the effects of Strategic Planning on Corporate Performance using Babcock University as the case study. It further probed into how this has impacted on the management efficiency and effectiveness as strategic planning is essential in corporate organisations. Primary and secondary data were used for the study. The study made use of questionnaire to elicit information from employees of Babcock University. Data collected were analysed using descriptive and inferential ...
The objective of this research work contains working capital management as a tool for minimization and profit maximization with particular reference to Anambra motor manufacturing company, Enugu. The research design used was the survey method and the sources of data were both primary and secondary. The primary sources were interviews granted to me while the secondary sources of data were obtained from related literatures viz text books, internet, journals by different authors. Primary sources...
The general objective of this study is to inculcate the knowledge of forensic auditing in preventing and detecting corporate fraud in Nigeria. Though the main objective of forensic auditing will vary according to the purpose of hiring individual or entity, the essence of this study is to employ the new knowledge to uncover fraud, crimes and evasions of financial obligations or malpractices committed through manipulation of accounting records. The specific objectives of this study are as follo...
Accountants have been bestowed with the role of providing information to the management regarding the affairs of the organization in particular and to the stakeholders in general. Internally, in manufacturing organization, management has always relied on the management accountant for cost evaluation and performance efficiencies of cost element. This role of management accountant to the management has been in doubt because of incessant increase in the cost elements of goods manufactured in Nig...
This study shows the problems and prospect of Nigerian company tax with Abia State Federal Board of Inland Revenue as the case study. The period covered by this research enabled the research to be reliable. RESEARCH OBJECTIVES To ascertain whether sharp practices in administration between the staff of FBIR and assess company contributed to tax evasion To ascertain if there is any variation between financial statement used for AGM and that sent to FBIR for tax administration To asce...