INTRODUCTION 1.1BACKGROUND OF THE STUDY Hotel industry is defined as the establishment responsible for prevision of food, drinks and accommodation to guests who are willing to pay for services rendered to them and who are in the state to be received. It occupies a significant place in industrial sector of Nigeria and the world at large. It provides job opportunity, foreign exchange as well as helping in the light of all these that every country likes to manage its hotel industry well t...
INTRODUCTION 1.1GENERAL MEANING OF PUBLIC ACCOUNTINGIn the public sector organization exhibit a variety of social economic, political and legal characteristics. They have different pattern of accountability. They have different objectives and are financial in many ways. They also have different organizational structure.Generally, public accounting may be defined as a composite activity of collecting, analyzing, recording, summarizing and interpretation of the financial transactions of the g...
ABSTRACT The central bank of Nigerian (C.B.N) started full-scale operation on 1st July 1959, and since its inception like most of the central bank the world over, performs certain national and international functions one of which is the management of foreign debt. So this project examines the role of CBN in the management of foreign debt. A lot of problems engulfed the central bank of Nigeria which trying to carry out this function ranging from inadequate reserves to over increasing imports b...
1.1INTRODUCTION Background to the study:Accounting is the systematic complication of financial information for use in making economic decision. It is the mechanism and body of of principles through which business activities that are capable of being expressed in terms of money are recorded, classified and periodically summarized and interpreted. Lexicon Universal encyclopedia (1980 edition). Accountants interprets financial information by explaining it’s meaning, uses and limitations. Accor...
ABSTRACT This research work on the role of small scale enterprise in the development of Nigerian Economy was born out of the desire of the researcher to contribute in his own little quarter towards the exposition of the role played by small scale enterprise. The specific attention of small scale business is based on their impact and potential contribution on broad and diversified production base, income distribution and development of Nigeria. To this end, the researcher after the general int...
1.1INTRODUCTION The role of an auditor are impressed by the layman is that of an auditor being in quest of errors, theft, defalcation and fraud. But the impression of various accounting society on the role of auditor cuts across this limit of layman view. Accountant see the purpose of audit by an auditor beyond the layman view to include the inquiry of the truth and fairness of the entity affairs as represented in their records, whether they have prepared it in accordance with the general a...
INTRODUCTION I.IBACKGROUND OF THE STUDY Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set up to promote the financing of the export trade. It was the duty of WACB to issue West African currency. The exchange of existing currencies and the investment of reserves. The reserve were invested in Britain and this is in a way facilitated Nigeria’s in...
ABSTRACT This project was a through research into marketing of financial services by Nigerian banking industry in Nigeria. It is to investigate the performance of bank marketing, and what extent they have contributed to the Nigerian economy. Chapter one of this project deals with general introduction of what marketing of financial services is all about, objectives, significance and limitation of the study. Chapter two deals with the research used, two distinct types of data collection instrum...
INTRODUCTION 1.1BACKGROUND OF THE STUDY One important factor affecting the level of economic activities in any economy is change in supply. These changed affects directly the rate of spending by the citizen of the country. It is therefore, because of the economic importance of monetary that the monetary authorities has devoted time and resources towards money management with a view of reaping the benefits inherent therein. The credit guideline, which is my topic of study, has formed the a...
ABSTRACT Fuel is a form of energy, according to Longman English Dictionary; fuel is a form of energy used for production. In that case, its scarcity will affect the living standard of the people in various ways. 1).It increases the cost of transportation 2).Social unrest 3).Electrical Faults 4).The cost of food items and living 5).Adulteration of fuel The effects of fuel scarcity in Enugu metropolis cannot be over emphasized for it is of the very player for all economic attribute to move on...
INTRODUCTION Since creation, there has been quest by man to improve on the quality of his life style and existence. This ever-increasing quest has been necessitated and propelled by the need to address the changes posed by the environment. Born out of this need, a number of inventions have been made in virtually to the field of disseminating information in accounting. The term paper is designed to examine various aspects of our lives and the society at large has been affected by the advert of...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Financial control and accountability as the name implies means the proper management and control of financial aspects, the efficiency effective and management of finance of the organisation. The finance control and management law 1968 is designed for control and management for the public financial and maters connected there with and it stipulates under section 33 that the accountant general shall under to the auditor general accounts showing the finan...
ABSTRACT The banking business has experienced structural changes over the decades like other business. The government continually encourages the expansion of the services rendered by bank and also facilities both in the urban and rural area. In other to provide comprehensive banking in the country. Banking has been in existence as far back 2500 B.C. Nigeria Government intervention began in 1975 where the military government restructured and Nigerianised in stages in the banking system. It has...
ABSTRACT The significance of the service industries in the economic development of Nigeria cannot be undermined. However, liquidity problems constitute a major constraint on the development of this industry. This study addresses the practical measures in the service industries needs to adopt and effectively manage their liquid resources especially taking cognizance of the current economic recession in the country. This study shows that economic recession and over investment in stock are the m...
ABSTRACT Fraud is an awful phenomenon, which like a vein has invaded Nigeria banking industries and the society in general, and puts any organization that it comes into in a state of liquidation. This study highlights the bank fraud, extent of fraud in banks, effects of bank fraud, detection, and presentation and control measures adopted by management to check fraud incidents. This study highlights the nature and various types of fraud, causes of bank fraud, extent of fraud in banks, effects ...