ABSTRACT Conventional auditing is auditing that is based on or in accordance with general agreement, use, or practice; customary: conventional symbols; a conventional form of address. The auditor should be an independent person who is appointed to investigate the organization its record, and financial statements prepared from them and thus from an opinion on the accuracy and records. The primary purpose of an audit is to enable the auditor to say that any account showed “true and fair view....
INTRODUCTION Small business is the dominant form of business enterprises in any economy whether developed or developing. This means that small business can play active role in the economic development of most countries. Despite this fact, they have not been accorded the respect and given the necessary financial and other support they deserve in the country, considering the fact that such giant industrial corporations like ford and general motors and many of today’s Nigeria giant enterprises...
ABSTRACT An important feature of the Nigerian economy is imbalance in the spatial distribution of natural resources, basic infrastructure and economic institution. In order to foster development, some less development attempts to have started making conscious attempts to encourage deferent part of their territories to tap adequate resources which nature provide. Throughout it history, shall scale enterprise has been one of the major wheels of economic development in almost all economic of t...
ABSTRACT This study examines the current banking sector reforms and repositioning through recapitalization for competitive advantage with a particular reference to United Bank for Africa. The study further discovered that the fragile banking system in Nigeria create a number of problems in the country. This includes lost of depositor’s money, loss of jobs, loss of confidence in the banking system, major financial crises resulting in failure and distress banking syndrome, and inability of th...
ABSTRACT For the purpose of clarity, the work will be divided into five (5) chapters and each of the chapters will look at a relevant segments of the study as follows, chapter on gives a general introduction, the aim of engaging in the study, definition of the study, key terms and research questions. This chapter is therefore an overview of the whole work. The second chapter contains the literature review, that is the works of various authors in the field of impact of rising interest rate on ...
ABSTRACT This extended essay examine the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement, interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. ...
INTRODUCTION Credit generally denotes loans and advance made either directly by a credit (lender) or a debtor (borrower) on the principles of different payment. The banks as a lender, provides credit facilities by making funds available to customers in agreed terms and condition of payment. The gain of credit to the bank is purposed to be huge profit instead of this over year, modern banks (particularly First Banks) have been recording huge amount of bad debt provision which increase with eac...
ABSTRACT This research work revealed the effect of quality service delivery on customers’ patronage in First Bank Plc, Kaduna. The bank has failed to take note of the importance of customers satisfaction and cost of banking service is high in the sense that there is high interest rate on loan and time spend in transacting business in the bank is longed. The main objective of the study is to find out the types of service offered by first bank to their customer and evaluating if the service g...
ABSTRACT This extended Essay provide an assessment of the effect of motivation incentive on bank employee, banking industry with united banks for African(UBA) Kaduna Branch along Yakubu Gowon way Kaduna in focus. An in-depth and critical review of literature that have significant relationship and relevance to the subject matter that are examined. The statistical methods employed in the test of hypothesis were chi-square test and analysis of variance (ANOVA). It was discovered that motivat...
ABSTRACT The major energizer of economic and development in Nigeria since independence is the financial industry. The government has been formulating various monetary and fiscal policies commercial banks under the strict supervision of the Central Bank of Nigeria. To be able to pursue these policies towards ensuring methodical, economic, industrial and socio-political development, the need enough fund to support lending to various individual and corporate customers, so when any of the loan fa...
INTRODUCTION As we move into the 21st Century, banks all over the world realize that only those that overhaul the whole of their payment and service delivery systems and operations are likely to survive and prosper in the New Millennium. This is due to the pressures of globalization, consolidation, deregulation and rapidly changing technology. Today’s business environment is very dynamic and undergoes rapid changes as a result of technological innovation, increased awareness and demands fr...
ABSTRACT The research work on “The Problems and Prospects of Lending to Small Scale Agricultural Producers in Bank of Agriculture. For the research work to be adequately understood, the researcher introduced the subject matter highlighting the statement of general problem. This project also touched on the research objectives, scope of study and significance of the study, the research went further to review related literatures on the subject matter. Due to time constraints, the researcher ha...
ABSTRACT The specialty literature says that the risk is an essential element for any economic activity. It can be removed, but it can be administrate. This is why everybody says that „the one that doesn’t risk is the one that risks the most” because he loses winning and development chances for his business. A success strategy for a financial institution must have programmes and administrative procedures for banking operational risks, in order to minimize the appearance probability ...
ABSTRACTIn this abstract the effect of loan recovery on the performance of Nigeria agricultural cooperative and rural development bank (NARCRDB) is the topic and also the objective of the study includes how the scale farmers dwelled with Nigerian agricultural and rural development bank and also to know how the farmers finance their farming. More also, the objective of the study touches the loan given to the farmers is adequate or not. In conclusion, non recovery of agriculture loan are caused...
This is work contains just proposal foe chapter 1 to 3. This section briefly describes the commercial banks in the country and provides a general overview of the role of commercial banks in a country, thus setting out the context for the study. It review relevant literature and develops an analytical framework in order to assess whether or not the commercial banking sector in Liberia is making a difference.Delivering quality service to customers is a must for success and survival in today’s...