1.1INTRODUCTION Many people think of accounting as a highly technical field which can be understood only by professional accountants. Actually, nearly everyone practices accounting in one form or another on an almost daily basis We live in an era of accountability. Although, accounting has made sits most dramatic progress in the field of business, the accounting function is vital to every unit of our society. An individual must account for his or her income, and must supply personal a...
ABSTRACT The title of this project is “The prospect of accounting as a profession; implication for accounting students. The project was written to highlight the prospect of accounting profession, to identify the problems associated with accounting students in their pursuit /of academic certificate and the implications of the problems for the students. The study aroused the interest of the investigator because he felt that the study of accounting have been impeded with multiplicity of th...
ABSTRACT Profit maximization is the pursuit of every business organization. Profit itself is the excess of revenue over expenditure. To obtain this profit, increase in selling price of the product or reduction in the cost of production is inevitable. Since excessive price increase is dreaded by the public, it becomes necessary to achieve the business objective through controlling the cost of production of each product. This project, therefore, is undertaken to give actual background on ...
INTRODUCTION The availability of information is crucial to the successful pursuance of virtually every human endeavor. However, Hirshleijer and Riley (1979) observed that in order for any particular piece of information to be beneficial to the user, it must have precise definition and value. While the definition relates to the message about the various events that may happen, the value is about the payoffs likely to be derived by acting on the message received. If a message is not understood ...
INTRODUCTIONThe success of a business is generally attributable in great measure of the ability of its management personal to cope with probable conditions of the future. Short range as well as long-term plans must be made accomplished through sound management evaluation. However, many aids have been controlling and co-ordinating the function of their business. One of the tool which encompasses vital and needed information in guiding companies profit path is the Break-Even theory. T...
ABSTRACTA research into the spiral growth of banks in Nigeria: manpower problems and solutions cannot be over-emphasized. In pursuance of this investigation, the researcher formulated four research objectives. Utilized library and sample survey techniques.Data were gathered through primary and secondary sources. The data gathered were then analyzed using tabular and textual modes of data presentation.The major finding of the research was that the institutional arrangements available to ...
INTRODUCTIONThere are various sources of finance available for companies. Companies can rise finance by borrowing from financial institution (i.e commercial banks), friends, relative or even suing personal savings. Also finance can be raised by issue of shares.A share is the interest of a shareholder in the company measured by a sum of money for the purpose of ability and interest. The main types of shares are- Ordinary shares (owner’s equity)- Deferred or founders hares and...
ABSTRACT The notion of the auditor being bound or a watchdog is gradually changing for the better as internal auditing has undergone tremendous changes in recent past. The actual functions of the auditor is often surrounded in secrecy or held in some kind of awe. Major notes of internal auditing have not been clear to the majority of people in the society. In view of numerous corrupt practice, frauds and embezzlement often uncovered by probe tool has often been questi...
INTRODUCTIONThe purpose of this research is a modest of attempt to verify the indiscriminate increase in the prices of commodities produced by manufacturing organization in this part of the country which has attracted the attention of many citizens, especially those who know the implications of this continuous rise continuous rise in prices on the people and on the nation’s economy. This rapid increase in price of manufactured goods can be attributed to cost of production of goods and...
INTRODUCTIONIn contemporary business setting, debt is seemingly inevitable. Sometimes it emanates from short fund convenience with the prevailing trade terms. Debt does not occur only when money is borrowed. It equally occurs when there is exchange of goods or services with a deserved payment. So each time goods or services are exchanged with a deferent of its financial obligation, there is incidence of debt.A good business may not always write to finances the commencement of his business fro...
ABSTRACTIn recent times, private and public organizations in Nigeria have been faced with cases of financial crises, which have resulted in most of the organizations going into extension. Those who are able to survive more are in a gunil pace. Obviously, the causes of financial crises in our private and public sectors have been attributed to be unrecognized in nature and total negligence of the roles of accounting in our private and public organizations.This research work will look the role o...
CHAPTER ONE Auditing as a tool for achieving organization objectives” has become the major concern of the organization. In the country, auditing as we all know is the independent examination and investigation of an organization. The nature of audit work is being divided into three i.e. private, statutory, and internal audit and each carry its own function based on the perspective from which the auditors operates. Chapter of this term paper deals with auditor type (internal and e...
ABSTRACTIn the yearly of period of scientific management in the days of Fredrick Taylor, the use of management techniques known to them to improve the organization to improve the condition of the management could be linked to care of a disease which are partly known while other more serious ailment ravaging the body has not been diagnosed at all.Infect management techniques and principle like the principle of management, management by objective (MBO), management by the expected, minimum and m...
PROPOSALThe purpose of this study is to analyze the effectiveness of the internal control system of the board of internal Revenue Enugu State.It cannot be over emphasized here that an effective internal control system does not only ensure financial accuracy of transactions, but it reduces trade to the barest minimum. A good internal control system can only operate in a fairly large organization that employs a good number of staff.It is also important to note that there is high rate of fra...
ABSTRACTThis study is based on the IMPACT OF AUDITING IN A GOVERNMENT PARASTATALS using ENUGU STATE AGRICULTURAL DEVELOPMENT PROGRAMME; located at Okpara Avenue as a study guide.The entire work was divided into five(5) characters and the data for the study was collected using both primary and secondary sources, questionnaires, textbooks, literally materials and journals respectively.The population of the study is 150 – whole the sample size was derived by the use of YARO YAMANI 1964 formula...