ABSTRACT This research work has seriously analyzed procurement reforms act as tool for cost savings and accountability MKRPIC. Where the data was collected and used for the compilation of this research. An introduction was made which comprises the statement of general problem, the background of the subject matter, objectives of the study and the significance of the study. Existing literature on procurement reforms act, determination of needs, some purchasing objectives, purchasing practice ...
ABSTRACT Over the years, the Nigerian society has been filled with stories of wrong practices such as stories of ghost workers on the pay roll of Ministries, Extra-ministerial Departments and Parastatals, frauds, embezzlements and setting ablaze of offices housing sensitive documents and corruption leading to none or poor accountability of individuals in public offices of the country. One of the most researched and least understood variables in public sector accounting of the nation is how ...
ABSTRACT The purpose of this study is to examine and evaluate the working capital management as a tool for cost reduction and profit maximization, a case study of Unilever Nigeria Plc, Lagos State. To this effect, working capital is current assets less current liabilities. This study covers in detail, all aspects of working capital management in a manufacturing companies which includes; cash, inventories, and marketable securities. A total number of 21 personnel staff were chosen as the popu...
ABSTRACT The management accountant is identified as one of the key officers in the accounting department of any manufacturing company. He has the duty of providing the required professional information relate to achieving the organization goal. Some of his functions include planning and controlling activities formulation of strategy decision taking optimizing the use of resources etc. In his planning function he quantifies and interpreters, the effect of planned transaction and other economi...
ABSTRACT Basically the direction towards an efficient production of goods and services could be as a result of an effective control of cost of production. The study of standard costing as an aid in production cost control is very imperative especially in an economy with high rate of inflation and where prices of goods and services are constantly increasing with no hope of reduction with the effect that the real value of money in the consumers hand is lower than its face value. This being the...
ABSTRACT This revenue from oil services, which of course is the main sources of government revenue keeps dwindling steadily but steadily while government expenditure keeps rising in meeting up citizens expectations on firm’s of provision of necessary amenities. This called for the need to search for new sources of revenue. Other than oil alone, as well as the modification of existing sources. One of such existing sources. In Enugu state, taxation has always been a very important sourc...
ABSTRACT This study is an attempt to examine the application of the contribution margin approach to pricing decision in manufacturing organizations. The main job of the management and managers of organizations is decision making. The word, decision implies taking a stand on an issue or issues. Decision making therefore, involves making a choice between alternative courses of action. No business or organization can exist without one kind of decision or another, that is why this research w...
ABSTRACT The topic quality check management in a company with particular reference to Emenite Company Limited was purposefully designed to x-rayed the operational strategies and effects of quality check management system of the Emenite Manufacturing Company Limited. The study become imperative due to increase in low quality output of many organizations, poor utilization of inputs (resources) inappropriate allocation of input and cost, and increased competition among products within the local...
ABSTRACT This research work provide broad introduction to the impact of manufacturing companies on its environment. It is written with all forms of simplicity, clarity and straightforward fashion without including unnecessary detail while at the same time ensuring that all aspect are adequately represented. TABLE OF CONTENT Cover page Title page Approval page Dedication Acknowledgement ...
ABSTRACT The main purpose of this study is to measure the impact of different methods on the profitability of accompany the differ methods of providing for depreciation has been posing a problem to many people because the understanding and the use of these methods provide varying depreciation expenses on the sane fixed asset in viler of these when profit is reported using deferred methods part the service potential of a depreciable asset is exhausted in the cost revenue generating process ea...
ABSTRACT This researches the challenges facing the internal auditors in public corporation. A case study of Nigerian Port Authority, Lagos is impartial fulfilment of the condition for the award of Higher National Diploma in Accountancy. It contains useful information on the Internal Audit procedure to the entire department in the authority coming with the scope of audit function. It discusses the weaknesses in the system and suggests way of improving these weaknesses. The recommendation co...
ABSTRACT The banking industry of the Nigerian economy is today passing through what might seem the roughest phase in its history. The wave of insolvency or distress in the sector is very unprecedented comparable only to what happened during the 1st era of bank failure in Nigeria 91953-1957) and the era of free banking (1892-1952) was such that generated under stand able apprehensive among the banking public. Because of the prominent and sensitive role the banking industry plays in the determ...
ABSTRACT Investment appraisal in a depressed economy tries to center of how possible it is for business men to invest in the economy with it downward slide. It also looks at the different investment raise techniques that can be used in appraising the different types of investment questionnaire were given to twenty-five respondents of the study company. Cad bury who air there view bout the topic and though the response made by them, following findings were made. 1. The interest holders can be...
ABSTRACT The Nigeria economy with the first half of the century experienced quite a lot business failure. Business failure can be defined as the inability of a particular business enterprise to continue to function as a ‘ going concern’’. This development has started generating anxiety by both international and local investors in arriving at investment decision. However, the task of identifying the root causes of corporate collapse is what this study seeks after. This ...
PREFACE Companies’ revenue and profit have been adversely affected by the ever-increasing incidence of industrial conflicts between workers and management in recent times. Each time there is a conflict, most likely strike ensues thereby giving rises to manna-day hours lost which brings about loss in productivity. This has really been a problem in the aim various sectors of the economy. It is the aim of this research work to find out the course and the remedy to industrial conflicts. T...