ABSTRACT This study investigated the use of ratio analysis as tools of measuring corporate performances. Skye bank plc was selected as a case study. The period cover is five years data were collected from the financial summary of the bank. They were analyzed through the use of chi-square statistic. The study reveals that only P/E ratio, net asset per share, the combination ratios of potential and growth, and the combination of all the ratio indicators of corporate performance. There is the ...
ABSTRACT Financing decision, dividend decision and investment decision are the three most important decisions which a firm makes out of those three decisions that are crucial to the continued existence and the survival of any firm, the most delicate and dangerous of them is investment decision. Investment decision otherwise known as capital budgeting decision is the firm’s decision to invest its funds most efficiently in long term assets in anticipation of an expected flow of benefits ove...
ABSTRACT The study examined the impact of monetary policy in stabilizing the Nigeria economy. In the model specified inflation is the regress while cash research requirement, liquidity ratio, money supply, minimum rediscount rate, interest rate are the regressors. The government employs a deliberate manipulation of cost and availability of credit and money to achieve this economic objective. The CBN being the sole regulatory body combines measures designed to regulate the value, supply and ...
ABSTRACT The role of budgeting in every organization that desires progress cannot be over-emphasized. This study was directed at the Evaluation of Budgeting and Budgeting Controls in a Manufacturing Organization. The study aims at identifying the relationship between budgetary control and performance of the selected organization. The company selected as the sample for this study was the Poli Water, a unit of the Ado Poly Ventures Limited. The research design adopted in this research is the ...
ABSTRACT Recorded number of audit failure during the recent past years has prompted much debate about whether high or low auditor’s compensation, especially for non audit work, among other factors has led to lax auditing standards. A reliable audit report is imperative in corporate organizations where the retention of public confidence remains of utmost importance. In this regard, the statutory auditors are the essential fulcrum upon which the concepts of objectivity, fairness coupled wit...
ABSTRACT This write-up deals with the effectiveness and perspective of Nigerian businessmen to Value Added Tax(VAT) administration, which basically focuses on the provision of Value Added Tax Decree 102, of 1993 as implemented in January 1st 1994. The Decree replace the Sale Tax Decree of 1986 was only effective in Lagos State.Any government must find the means to pay for its own existence and for services it provides to the citizens, hence the issues of taxation in the national economy. In...
ABSRACT The important of inventory control system in a manufacturing company cannot be over emphasized. Therefore it will be very important to formulize ourselves with the relevance of cost accounting in a manufacturing company. Inventory control systems identify the major factors involved in frequent shortage of raw materials and suggest ways of curbing them. Inventory control system aids management in curbing the incidence of pilfering and stock-outs.its add to the body of knowledge and l...
ABSTRACT This study has attempted to examine internal control: An effective tool for fraud Management, with particular reference to United Bank for Africa plc. This has clearly pointed out the picture of how fraud has been penetrated in the financial strength of (UBA) Plc. in a nutshell, the damage which this menace, called fraud has done to the banks is innumerable and needs urgent attention. Therefore, the attempt to put an end to this economic degradation, gave rise to the topic of this ...
ABSTRACT All business organizations regardless of size perform a number of function among which are; financial management, marketing personnel management and production. Financial management can be defined as an essential element of project analysis which make the financial manager to in order himself in the following decision area. Profit decision, dividend decision, liquidity decision, investment decision and financial decision. The purpose of this research work is to find out the impact ...
ABSTRACT This study, evaluate the theories and practices of Dividend policy in manufacturing industries, was undertaken to find out various factors affecting or influencing dividend decision in manufacturing industries, means by which the provider of funds are being rewarded or benefited in terms of any form of dividend or benefits in term of any form of dividend is paid. The study investigated the role play by financial manager in determining the percentage (%) of distributable profit that...
ABSTRACT The purpose of this research work is to evaluate the functions of internal audit department In Administrative Staff College of Nigeria. Primary data was gathered through the Administrative Staff College of Nigeria. The 100 questionnaires administered were fully completed and returned. Secondary data was collected through the Administrative Staff College of Nigeria library. Responses were classified accordingly. Frequency and contingency table were constructed and two hypotheses are...
ABSTRACT The purpose of this research work is to evaluate the Effectiveness of internal audit in Public Sector. This was done by carrying out investigation on the Effectiveness of Internal Audit in Public Sector using primary and secondary data. Personnel interview of the staff was conducted. Data was also collected through the use of library materials. Questionnaires were completed. Responses were analyzed. Frequency and contingency tables were constructed and two hypotheses were tested us...
ABSTRACT The research work is based on the management of working capital (cash and debtor) to avert illiquidity in a corporate organization. Both primary and secondary sources of data were used for this research work. A well structured questionnaire were distributed to the respondents and it was analyzed using simple percentage and Z-test statical approach was adopted. Text books and journals of renown authors were constructed to enriched the literature review of the study. My funds on work...
ABSTRACT The study aimed at assessing the efficiency of credit risk management on banks performance. Secondary source of data were used for the study. Correlation Coefficient and regression analysis were used in testing the hypotheses. The study concludes that credit risk affect the performance of Union Bank of Nigeria Plc and that to maintain high interest income, attention needs to be given to credit risk management especially regarding the lending philosophy of Union Bank of Nigeria ...
ABSTRACT This project is the evaluation of audit as a tool for the effective management in the insurance industry with a particular reference to great Nigeria insurance company. Inadequate control leads to wastage, while too many controls disrupts effective flow of communication between and within the system of the organization since effective would be evaluated through the output of the system and internal audit is therefore a system within the corporate system which must communicate effec...