Abstract Purpose: The purpose of this research was to investigate the impact of cyber-security on fraud prevention in Nigerian commercial banks. Method: The researcher collected primary data through the interview (WhatsApp video call) conducted with the senior employees of the respective commercial banks who know the subject matter. Result: The outcomes of the research demonstrated that cloud security statistically increases fraud prevention in Nigeria; also, that application security statis...
Accounting concepts define the assumptions on the basis of which financial statements of a business entity are prepared. Concepts are those basic assumptions and condition which form the basis upon which the accountancy has been laid. Business entity concept This concept assumes that, for accounting purposes, the business enterprise and its owners are two separate independent entities. Thus, the business and personal transactions of its owner are separate. For example, when the owner in...
The prupose of financial accounting is to equip accounting proffessional with the knowledge of essiential framework of assumptions that underpun relaible skills to compile financial statements for sole traders.
ABSTRACT Understanding the attitude and behavior of customers is essential for every company where consumers differ in attitudes towards product/service. The consumer buying behavior in today's information-saturated world is based on how a product/service is marketed. However, the rapid diffusion of technology anchored growth and challenges on e-marketing trends. For instance, despite the widespread and large-scale adoption of e-marketing around the world, one does not see this trend happenin...
The study investigates the required skills and ethics of the forensic accountant in preventing fraudulent practices in the Nigerian public sector. The primary source of data was utilized for data collection. Using the simple random sampling (SRS), a total of 300 questionnaires were administered; 163 were retrieved. The data obtained was analyzed using SmartPLS - for measurement and structural model. One of the major findings revealed that skills requirement was significant predator of fraud p...
This study investigated the effects of E-payment systems on the economy of Nigeria. Secondary quarterly data spanning over a period of eleven (11) years (2009-2019) contained in Central Bank of Nigeria statistical bulletin were used for this investigation. This study used ARDL model to investigate the relationship between Nigeria economy (dependent variable) and E-payment systems in terms of volume and value of transactions (independent variables) in both the short run and long run. EViews St...
Abstract: The study sought to ascertain the effect of Covid-19 lockdown on the Nigerian economy: An empirical Assessment of Nigerian economy. The study adopted survey design. In this study structured questionnaires were administrated to Nigerians of different ranks in the states in Nigeria. The data collected with the questionnaires were analyzed using statistical package for social sciences (SPSS) version 20. Two hypotheses were formulated and tested using Godden Statistical tool for analysi...
ABSTRACT The study examined the implications of accounting policies on firm performance in Nigeria. It made use of two objectives being to: examine how accounting policies in disclosure of inventories and in disclosure of receivables affects return on assets of firms in Nigeria. Ex – post facto research design was adopted for the study while secondary data of the listed consumer goods sector were extracted from CBN statistical bulletin and the financial statements. Random panel regression m...
ABSTRACT This paper examined the effect of dividend policy on financial performance of manufacturing firms in Nigeria. The effect of dividend policy on firm’s performance has been a really big controversial issues among scholars in financial management. As many factors affect the performance of firms and dividend policy poses as one of those factors. The study had two (2) specific objectives, two (2) research questions and two (2) hypotheses. The study had a population of 31 manufacturing f...
This study examined the effect of IFRS Adoption on the Quality of Financial Reporting of companies listed in NSE. The objectives of this study are to determine whether there is a significant effect of IFRS adoption on the quality of financial reporting of companies listed in NSE, to appraise the challenges faces by companies in the adoption of IFRS in Nigeria. Stratified random sampling was employed in the study whereby data were collected from 55 randomly selected companies covering the majo...
This paper contributes to the discussion on IFRS 8 especially on its applicability within Nigeria business environment. The paper will give a summary of the standard and will critically look at the standard vis-à-vis decision making in an organization. Thereafter, the paper will discuss the reason why users of financial statements may find segment reports useful as required by the standard and then it concludes by analysing the scope of the standard, stating the entities required to prepare...
This study examined the relationship between non-performing loans and the profitability of banks, with focus on certain deposit money banks (DMBs) in Nigeria. The study adopted a descriptive research design. Data relating to the periods 2008-2017 were collated from the Financial Statements of the relevant banks. The Pearson Product Moment Correlation, as computed via the SPSS, was used to test the four hypotheses holding the study. Non-performing loans, as measured by the natural lo...
This study examined the relationship between non-performing loans and the profitability of banks, with focus on certain deposit money banks (DMBs) in Nigeria. The study adopted a descriptive research design. Data relating to the periods 2008-2017 were collated from the Financial Statements of the relevant banks. The Pearson Product Moment Correlation, as computed via the SPSS, was used to test the four hypotheses holding the study. Non-performing loans, as measured by the natural lo...
The study was about the International Accounting Standard Board Conceptual Framework which sets out a comprehensive set of concepts for financial reporting, standard setting, guidance for preparers in developing consistent accounting policies and assistance to others in their efforts to understand and interpret the standards. The study adopts conceptual review approach which centred on discourses within the range of documentary evidence emanating from the international accounting standards ...
This article provides vast knowledge on the impact of independence of statutory auditors and reliability of financial statements in Nigerian listed companies. ABSTRACT In this study, the impact of the independence of statutory auditors on the reliability of financial statements in Nigerian listed companies was critically evaluated and analyzed. The major problem identified was is the need to safeguard auditors’ independence in order to gain stakeholders’ trust and confidence to utilize th...