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 ...
ABSTRACT The Nigeria business climate has been adjustment by expect as one of the hostile, turbulent and volatile and vet challenging. It stands to reason, therefore, that for tangible success or survival (as the case may be ) to be recorded the active player must know his onion, be acquainted with the train of the Nigeria economy and be able to interpret accurately the hand writing of the inter playing force in the economy, some of which have taken renown financial analysts to their wit...
ABSTRACTThis study was embarked upon to ascertain one impact of Accountancy knowledge on bank lending decision. The study has a total of three chapters and first chapter titled the introduction started with preamble. Here on overview of accountancy knowledge on banking industry was undertaken.The aims and objectives of the study were duly highlighted in chapter one. The aims and objectives of the study includes; to ascertain fairness, information and knowledge made available to bank man...
INTRODUCTION Due to the problem that arrives from the shareholding employees, investors and other body urgencies in the act of been doubting on report presented to them, an auditor will be of good help because it serves as an inappeasable a profitable business organization. However, the auditor is regarded as the eyes and ears records of the organization in order to encore that the financial statement are a reflection of the affairs of the organization as appeared in these recor...
INTRODUCTIONThe entire development of a business enterprise in a particular country required difference institutional frame work.One of such institutional frame work is the co-operative business enterprise. The word co-operative can have different interpretation. In a lay man’s language, it means working together or working mutually. Another interpretation which is where our emphasis lies, means a unique type of business organization. The co-operative has been defined by different...
ABSTRACTIn order to carryout any management functions effectively the top management of an organization will need information to plan, organize, direct, co-ordinate and control the activities of the organization. The management will generally not time or expertise to collect and analyze the pies of information it needs for its management functions. Accordingly, the internal auditor is usually appointed to do this on behalf of the management.The internal auditor does not only provide managem...
INTRODUCTIONAs men invented tools, weapons, clothings, shelter and language the need for training becomes an essential ingredient in the match to civilization. Whether our ancestors struggled upon or invented these facts of civilization is relatively of little significant. What is more important is that man has the ability to pass on to others the knowledge and skill gained in mastery circumstance. Deliberate example, signs and words did this, through these devices another received the ...
INTRODUCTIONManagement is a social process entailing responsibilities for an effective planning and regulations of operation of an enterprise in fulfillment of a given purpose on task. Breach E.F.L (1975)Management is essentially the process of defecting the efforts of other people usually subordinators in order to achieve a specific objective it could be said to be “the art of getting thing done through other people” the basic managerial functions of directing controlling planning or...
INTRODUCTIONEvery business firm normally will like to know hoe it performed over a period of time, thus leading to the preparation of profit and loss statement. They also ask about their position at a particular pointing time, which leads them to prepare balance sheet.Finally, they will like to know where they are heading, which has led to the preparation of budgets.Budget is term used locally by a layman. Layman confuse budgeting with planning. A budget is part of a plan. A plan can ...
INTRODUCTIONInvestigation are been carry out in this project, central bank of Nigeria is a financial institution establishment by the law (Act of parliament) vested with power of promoting monetary stability sound financial system by issuing legal tended currency, maintain the value of domestic currency etc. CBN source of funds were form share capital, general reserve, currency in circulation deposit by federal government (FG) deposits by the sate government and deposit by banking industries ...
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 ...
INTRODUCTIONThis project work has a basis on the identification of the roles of community banking system in the promotion of rural development in Nigeria.At present, there are numerous community banks spread throughout the country. These banks with their services have tremendously enabled the government to fulfill its aims of catering in a controlled manner for the teeming population of the economically disadvantage people.A survey of the operations of the community Banks in the country shows...
ABSTRACTIsusu Co-operative Society is an association of all categories or level of members without religious, political and ethnic inclinations. It exists with an aim of giving self-help to the members through uniformed monthly contributions. It provides some benefits and rights to the members.The co-operative society has existed with some problems, which affects the progress of society. The problems as discovered were due to the poor managerial effect and inexperienced member.These pro...