Abstract The role of public sector accounting seems to be more pronounce in the control of public revenue and expenses in relation to the Local government administration in Nigeria, as it forms a growing trend among the general public during the period of economic recession. However, the aspect of public sector accounting that has received much attention in the literature, debate and empirical analysis is the role of accounting in the financial control of public revenue and expenditures. Ma...
Over the years, countries of the world have defined and set the standards of financial reporting in their individual territories. However, globalization has brought about ever increasing collaboration, international trade and commerce among the countries of the world; hence, there is grave need for increased uniformity in the standards guiding financial statements so that such statement would remain comprehensible and convene the same information to users across the world. The need for the de...
Over the years, countries of the world have defined and setthe standards of financial reporting in their individual territories. However,globalization has brought about ever increasing collaboration, internationaltrade and commerce among the countries of the world; hence, there is grave needfor increased uniformity in the standards guiding financial statements so thatsuch statement would remain comprehensible and convene the same information tousers across the world. The need for the developm...
ABSTRACTAccounting information is a part and parcel of today’s life which is necessary to understand the accurate financial situation of the organization and used as the basis of making strategic decisions. Accounting plays a critical role in the success or failure of contemporary business institutions.Accounting information serves as a critical tool for recording, analyzing, monitoring and evaluating the financial condition of companies, preparation of documents necessary for tax purposes,...
Abstract The emerging global economic scenariocharacterized by advancement in information technology, rapid changes inproduction processes, increased sophistry of the consumer, fierce marketcompetition and unethical skimming activities of producers in the drive tosurvive the unpredictable and complex business dynamics, has brought to thefore the crucial role of accounting information in economic and businessdiscourse especially in relation to administrative effectiveness (Curtis,1995).Accou...
Abstract Calibri;mso-fareast-theme-font:minor-latin;mso-hansi-theme-font:major-latin;mso-bidi-font-family:"Times New Roman";mso-bidi-theme-font:minor-bidi;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">TheSmall and medium scale enterprises sector has been recognized worldwide for itsrole in economic advancement through ways various like; wealth generation,employment creation, and poverty reduction (Kithae, Gakure, &Munyao, 2012).Small and medium scale enterprise...
Abstract With an upsurge in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection has become an emerging topic of great importance for academic, research and industries. In this age of high technology, fraud investigators can no longer be satisfied with just auditing or accounting skills, these investigators should be trained as forensic accountants and this training should include an extensive knowledge of accounting information....
ABSTRACTS Tax is an important stream of revenue for government’s development projects. The importance of tax systems as a major revenue source in a country is undeniable, these statistics have evidenced that tax revenues are one of main income source for many governments throughout the world but to maximize tax collection and minimize tax evasion among taxpayers is difficult to achieve in practice. However, tax compliance among SMEs is poor. In the framework of this study, an attempt to id...
ABSTRACT Theopening of the accounting to the actuarial calculation is a normal consequenceof its evolving spirit. At the origin of the international accounting standardslies the framework for preparing, presenting and disclosing the financialstatements. The framework stays as a reference matrix, as a standard ofstandards, as a constitution of financial accounting. According to theinternational framework, the financial statements use different evaluationbases: the historical cost, the curre...
CHAPTER ONEINTRODUCTION1.1.BACKGROUND TO THE STUDY Taxation is a compulsory levy imposed by the Government on the incomes of taxpayers in a geographical territory in order to defray the expenses of governance. This implies that anybody that generates income must compulsorily pay taxes. There are different types of taxation. These include the personal income tax, company’s income tax, and petroleum profit tax, value added tax and the capital gains tax. Recently, the issue of capital gains t...
CHAPTER ONEINTRODUCTION1.1. BACKGROUND TO THE STUDY1.2. STATEMENT OF PROBLEM1.3. OBJECTIVES OF THE STUDY1.5. STATEMENT OF HYPOTHESIS1.6. SIGNIFICANCE OF THE STUDY1.7. SCOPE OF THE STUDY1.8. LIMITATION OF THE STUDY1.9. DEFINITION OF TERMSCHAPTER TWO LITERATURE REVIEWCONCEPTUAL FRAMEWORKCONCEPT OF ACCOUNTINGCHAPTER THREERESEARCH METHODOLOGY3.0.INTRODUCTION 3.2 RESEARCH DESIGN3.3 METHOD OF DATA COLLECTION 3.4. POPULATION OF THE STUDY 3.5. DETERMINATION OF SAMPLE SIZE 3.6. PROBLEMS ENCOUNTE...
ABSTRACT The continuing influence and impact which personal and professional ethics exerts upon individuals, organizations and society, and the factors which influence organizational ethics, has been thrust into the headlines of the American populous. The ethical issues faced daily by organizations and their employees are neither always straightforward nor easy to resolve. Results of unethical behaviour by accounting/audit professionals, and the impact of ethics upon organizations, is a topi...
CHAPTER ONE 1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY 1.2DEFINITION OF INFORMATION TECHNOLGY 1.3FUNTIONS OF INFORMATION TECHNOLOGY TO THE VERBATIM REPORTERS 1.4DEFINITION OF COMPUTER 1.5IMPORTANCE OF COMPUTER TO VERBATIM REPORTERS 1.6STATEMENT OF THE PROBLEM 1.7OBJECTIVES OF THE STUDY 1.8 SIGNIFICANCE OF THE STUDY 1.9 RESEARCH QUESTIONS/HYPOTHESIS 1.10 SCOPE OF THE STUDY 1.11 LIMITATION OF THE STUDY 1.12 DEFINITION OF TERMS CHAPTER TWO 2.0 LITERATURE REVIEW 2.1DEFIN...
ABSTRACT The determination of the overall growth of most cost depends on how efficient and effective the method of financial reporting is, and in the Nigeria case there are still lots of problems, challenges that have hindered the Nigerian financial reporting standard from attaining international status and these pose a greater challenge to implementation of fair value accounting in Nigerian financial system. Fair value accounting was a term applied widely in the 1980’s within the context o...
ABSTRACT This work provides empirical evidence on the effect pension reforms have on the Nigerian capital market. Using data spanning 2004-2014 and a five variable model, market capitalization was regressed on total pension assets, number of workers registered on pension scheme, GDP per capita, and turnover ratio. Total pension assets and number of workers registered on pension scheme were employed as proxies for pension reform. Results from the Ordinary Least Square (OLS) estimation as well ...