ABSTRACT Corporate organizations owe a duty to fully disclose matters concerning theiroperations so as to aid investors in making investment decisions becauseInvestment decision makers rely on information obtained from financialstatements to predict future rates of return. Without the financial statement,there will be a problem of how to determine the profit of a company, andevaluation of performance of a company. The general objective is to ascertain therole of financial statement in investm...
Abstract The study examines the effect of Treasury Single Account on some selected government parastatals in Kano metropolis. Opinion of respondents were seek using a likert scale structured questionnaire. 86 questionnaires were administered to staffs of some selected Federal parastatals in Kano metropolis which include Bayero University Kano, National Youth Service Corps (NYSC) Kano state secretariat, Nigerian Postal service, Federal College of Education (FCE) Kano, and Federal Inland Re...
Background: A financial crisis which was brewing in the United States as a result of defaults in mortgage loans became a global phenomenon by mid 2007. The resultant factors include fall in global stock markets and the collapse of some financial institutions across the globe. To this effect, it will be necessary to determine the impact of the global economic crisis on the financial sector of Nigerian Economy. Methods: The stratified random sampling technique in selecting the samples used for ...
This paper asks the question why technical analysis rather than other theoretical models in active portfolio management. Using the CRSP-Cap Based portfolio returns between 2008 and 2013 we check for the level of weak-form efficiency by using a serial correlation test and an Augmented Dickey –Fuller test. There was mixed evidence, but on the whole there was strong evidence of inefficient market. Also we analysed size effect using technical analysis but do not support the view that small-cap ...
EXECUTIVE SUMMARY Sustainable finance in banking has been a major discuss in recent years as it is generally agreed that the exercise of entrenching social and economic considerations into project finance, going beyond the traditional way of banking that reflects only a sole consideration for financial returns to its shareholders. Hence, the objective of the dissertation will be to understand the responsibilities of banks in sustainable finance development in view of their lending options, de...
TABLE OF CONTENT Title Page Certification Dedication Acknowledgement Abstract CHAPTER ONE (1) Introduction Background of the study Statement of the problem Objective of the Study Research question Significance of the Study Limitation of the Study CHAPTER TWO (2) 2.0, Literature Review CHAPTER THREE (3): Introduction to Research Methodology Research Design Method of Data Collection Primary Source of Data Collection Secondary Source of data collection Adequacy of Data Population of the S...
ABSTRACT The study tends to enhance transparency, disclosure and comparability. It is evident that the implementation of IFRS reinforces stock market liquidity and leads to lower cost of capital and transaction costs, higher market value and better reputation. In view of the need to utilize accurate data for this research, primary data were obtained through a structured questionnaire to elicit responses from respondents to meet the requirements of this research. The data for the foregoing stu...
The study tends to verify if there's any relationship with credit managements and banks performance which took into consideration the study of 10 listed banks in Nigeria and their 5years financial statements. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDYThe United States Supreme Court (Austen) in 1899, defined a bank as an institution, usuallyincorporated with power to issue its promissory notes intended to circulate as money (known asbank notes); or to receive the money of others on...
ABSTRACT The need for effective working capital management within Small and Medium Enterprises (SMEs) remain pivotal to profitability of Small and Medium Enterprises (SMEs) in Lagos State. Most SMEs do not care about their working capital position, while only little have regard for their working capital position and most do not even have standard credit policy. In consonance with these, this study examined the effect of working capital management on the profitability of Small and Medium Enter...
Effectiveness of the audit committee to quality financial reporting in Nigeria. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Financial reporting is the preparation of published report for users of financial statements. Theissues relating to financial reporting could be traced back to 1975 with the advent of what wasthen known as corporate report, in England. In Nigeria, following the increasing demand forfinancial information on companies, financial reporting h...
ABSTRACT This research project is designed to bring out the importance of audit to the effective working of the organization using First Bank Nigeria Plc Okpara Avenue,Enugu State. In pursuant to this, data were collected by personal interview, questionnaires and through researcher’s observation. Secondary data were collected from journals, publications and related works. Also, findings showed that all the strategies for effective working operations are applicable in the case st...
n order to strengthen the competitive and operational capabilities of banks in Nigeria with a view towards returning global and public confidence to the Nigerian banking sector and the economy in general, the Central Bank of Nigeria instituted a banking reform in 2004. Mergers and Acquisitions have taken charge in creating a market niche by making top notch service delivery achievable through the synergy that is achieved after M & A takes place. The Nigerian banking sector has seen many lar...
ABSTRACT Fraudulent practices in Nigerian Deposit Money Banks (DMBS) have led to increased losses and collapse of deposit banks, hence the need to use digital forensics services to detect and prevent such fraudulent activities. The banking industry is a very important institution with many internal controls in order to overcome the fraudulent practices. The objective of this study was to examine the impact of digital forensics services on fraud detection and prevention among deposit money ...
ABSTRACT This study examines forensic accounting as a tool for fraud detection and prevention in the Public Sector. In conducting the study, hypotheses were stated and questionnaires were drawn in line with the hypotheses for testing. The study utilized primary source of data collection. A total of 132 questionnaires were retrieved from staff of Nigerian Film Corporation, Jos. Analysis was carried out using descriptive statistics, chi-square. The null hypotheses were rejected indicating ...
ABSTRACT Treasury Single Account (TSA) came as a quick fix to regulating the level of accountability and transparency in the financial resources of the government of the country. Treasury Single Account (TSA) is a unified structure of government bank accounts enabling consolidation and optimal utilization of government cash resources. Through this bank account or set of linked bank accounts, the government transacts all its receipts and payments and gets a consolidated view of its cash positi...