ABSTRACT This research work is conducted as part of the requirement for the award of a Higher National Diploma (HND) in financial studies (Accounting). It highlights the authors effort in finding out the ways which management audit is used as a tool of achieving organizational objectives in our everyday organizations. The entire work is divided into five chapters, chapter one is an introductory analysis of the topic, then the background of the study, significance, scope and limitation, ...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Local government is the third tier of government in Nigeria. It has administrative structure, statutorily assigned functions, social commitments and financial arrangement necessary for it to maintain itself and perform statutory functions to its citizen. The ideal of making local government a third tier of government Nigeria was recognized during the nation wide local government reform launched 1976. However, it was given full legal recognition by ...
INTRODUCTION 1.1BACKGROUND OF THE STUDY It is obvious that we are living in a an era of planning and control, be it the petty trader with his booking or the industrials with his responsibilities to shareholders, planning and control are a part and parcel of our daily lives need and it is an essential factors in nation, business and private life. In a competitive world where the key factors are cost, price, turnover and profit planning and control enables every individual to have a sound a...
1.1 INTRODUCATION: Generation of tax revenue from the private sector, especially from the self-employed people has always posed a problem. Millions of Naira has been lost due to prevalence of tax evasion and avoidance among the self-employed people. Consequently, taxation cannot be used as a major instrument for revenue generation and key to sustainable economic development, because this hinders the realization of fiscal objectives. Every year billions of naira are lost because of tax evasi...
INTRODUCTION 1.1 GENERAL BACKGROUND OF THE STUDY: Effective implementation of organizational policies and procedure in Nigeria business encourages delegation of decision making to business mangers who not sit there as a ceremonial teas rather they have the role of implementing the organize function of management in to days dynamics and competitive business environment in Nigeria, this research work is designed to expose and aid the serious minded mangers to be adequately equipped to face the ...
ABSTRACT This study was carried out to investigate the means of efficient auditing of accounts of parastatals. (A case study of National Examination Council). In the course of carrying out the study, it was identified that efficiency can be gained through:- i.Through training and retaining of new staff into the department and reorientation of them ii.Employment of modern techniques of auditing should not be overemphasis. iii.Pectification of inadequacies in the mode of auditing should reco...
ABSTRACT Causes of Frauds and forgeries in banks have not only become incessant but have also been on in increase in recent years. Although frauds and forgeries in banks are global phenomena which have consistence growth according to Nigeria deposit Insurance Corporation (NDIC) Annual report for instance it recorded or show caseN360.2 millions in 2008 to N351.9 millions in 2007. The amount involved in fraud in commercial banks N6million in 2009. Frauds in banks is clearly unacceptable si...
ABSTRACT The purpose of the project is to know to the extent small businesses in Nigeria has been able to obtain loans and advances from Nigeria commercial bank as a major sources finances to the economy. The term “small scale business” are those small businesses that fall within the category of business with not more than five hundred thousand naira (N500, 000) as their annual turnover. The findings of this study will help to make recommendation and suggestions for improvement of the...
ABSTRACT An economy moves as efficiently or inefficiently as the people who manage its affairs. Business cannot thrive if we do not have an adequate number of men with their requisite knowledge, skill and competence. It is in recognition of these fact that an effort is made in this research work to show the impact of auditing in public sector. For the sake of clarity and orderly presentation of relevant materials, the body of this work is divided into five chapters. Chapter one is the Int...
ABSTRACT The study was carried out essentially to find out the place of internal auditing as on instrument of effective management, taking IMT, Enugu as a case study. It looked into the extent the internal audit has faired in this role, the definitions and objectives of internal audit. Four research question were analyzed to establish the instrumentality of internal audit to effective management to senior and junior staff of the audit and bursary dep...
ABSTRACT Since independent Nigeria the giant of Africa has spent much time and resources both human and material trying to convince the developed countries and indeed the whole word that she (Nigeria) is capable of developing her industrial capabilities. Much of the efforts made in this direction have found expressions mostly in international conference and seminars, newspapers report, radio announcements and various national development plans. Industries have actually increase since after th...
ABSTRACT This project work “The Analysis of the Impact of Value Added Tax in Revenue Generation in Nigeria (2000 – 2009)” was necessitated by the need to assess the performance of Value Added Tax and ascertain it impact on revenue generation in Nigeria. It focused on the effect of VAT on vatable persons especially as it relates to the demand and sales of it product, its profitability, contribution to the total revenue generated by the Federal Government, the entire economy and finally ...
ABSTRACT The primary aim of any business enterprise is to make profits: however, the level of profit made is a function of cost incurred and revenue earned. This research work was an appraisal of costs and control, a case study of Emenite Nig. Ltd Emene Enugu. The responses from questionnaire were analyzed using table and percentage, while chi-square (x2) distribution was used for professional testing. Professional and academic opinion on the topic was adequately considered based on the findi...
ABSTRACT This project work examines the role of accounting records in proper management of the public sector in the federal parostatals (Federal Ministry of Environment as the case study). There has been significant attempt by the researcher to examine whether the role of accounting records as should be kept is being adopted by the ministry. The problems facing the good accountability in the sector was identity and solution has been provided to enhance the system of accountability in the fede...
ABSTRACT Cases of frauds and foreign in banks have not only become incessant but have also been on the increase in recent years. Although frauds and foreign in banks are global phenomena, their growth in Nigeria Deposit insurance Corporations (NDIC) annual report for instance, presents a disturbing picture of rising trends of fraud. In banks from N3602 million in 1992 to N3519 million in 1991. Fraud, in bank is clearly unacceptably something’s drastic aught to be done to gently stem the fid...