Abstract Academics’ view of the benefits of finance vastly exceeds societal perception. This dissonance is at least partly explained by an under-appreciation by academia of how, without proper rules, finance can easily degenerate into a rent-seeking activity. I outline what finance academics can do, from a research point of view and from an educational point of view, to promote good finance and minimize the bad. * Prepared for the 2015 AFA Presidential Address. While a consultant to t...
ABSTRACT The banking sector is the bedrock of the Nigerian economy, and this industry is known to have contributed in no small measure to the development of the economy. This industry is the enabling hub of national and global payment systems, which facilitates trade transactions within and amongst numerous national, regional and international economic units and by so doing; it enhances commerce, industry and exchange. In performing these various functions in the enabling environment provid...
ABSTRACT This project work is objectively designed to reflect the roles of small scale business to the growth and the development of the economy with a specific focus on Emaz Supermarket. The topic was chosen Evaluation of the need for accounting record in a small scale business enterprise in Nigeria. As regards to the instrument use in the study. The common instrument use in questionnaire. Thirty questionnaires were distributed. Primary and secondary dates were used in getting the necessar...
ABSTRACT This study was undertaken to find out the relevance of profitability to business performance and also to provide means by which profit can be maximized. It investigated the techniques put in place by an organization to maximize profit and recommended ways by which improvement could be made. A sample of thirty personnel were drawn from the population for field survey. Data collected from respondents through questionnaires, observation and interview were analyzed using applicable sta...
ABSTRACT Effective application of Accounting information procedure is sine-qua-non to the success of any organisation. It determines the basis for continuity and enhance general growth of the organisation. This research work focused on the extent to which accounting information system can be used in supermarket using Juli Pharmaceutical Nigeria Ltd, Ado-Ekiti, Ekiti State as a case study. This research study examined the effective role of Accounting procedure on a supermarket and in b...
ABSTRACT The paper examines the nature of relationship existing between stock market development and the level of investment growth in Nigeria. Secondary data collected from secondary sources, with the use of CBN Statistical bulletin of various years (2002 – 2012). The data collected was analysed with the use of regression statistical method. The study shows that there exist positive relationship between stock market and growth in investment in Nigeria. The study recommends that polices w...
This project work examines “A review of the accounting problems associated with the measurement of profit in a divisionalized organization”. It also examines profit as a measurement of performance, type of profit in a divisionalized organization and the other alternative ways of measuring performance, suggested solution was also made, that will help to reduce the accounting problems associated with the measurement of profit. The research method used for the data collection was the primary...
ABSTRACT The study investigated the Role of Forensic Accounting in the Development of Nigeria Business Enterprises. The major objectives of the study are to find out how the knowledge of forensic accounting can reduce corporate fraud and mismanagement, to ascertain if forensic accounting can promote responsible corporate governance and to determine if forensic accounting can provide an objective valuation of claims. To achieve the objectives of the study, survey research design was adopte...
Abstract Inventory management is the most important part of any business especially for manufacturing companies. This research work reports the findings on inventory management and its impact on Nigerian Breweries Aba. It specifically examined the relationship between inventory management and company’s performance.Record analysis of relevant data was obtained from the company’s annual report and journals from 2010 to 2014.The relationship between the inventory management and company...
ABSTRACT The failure of previous financial policies of governments to achieve desirable economic growth was a concern that demands restructuring of the system, especially in the glare of an ailing economy. The introduction of the Structural Adjustment Programme (SAP) in 1986 and the privatization programme in 1989 were in response to failed institutional measures to promote and galvanize the small and medium scale enterprises(SME) sector over a long period of time (Rwigema and Venter, 2004). ...
ABSTACT This study was based on the relationship between innovation and profitability levels of industries using century bottling company as a case study. The objectives of the study were; to establish innovation taking place in Century Bottling Company, to find out challenges affecting innovation in century bottling company and to find out whether there is a relationship between innovation and profitability levels in century bottling company. The research provided back ground of the study ...
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The administration of urban transportation in Nigeria follows the structure of government administration, that is, the three-tier form (Oni et al, 2006). This system manifested in form of serious expectation gap between citizen minimum expectation and the actual road construction delivery. In 1998, Nigeria needed N300bn to fix dilapidated roads and N54bn subsequently every year for maintenance and rehabilitation (National Pol...
Abstract The researcher intends to find out the cost and benefit of adopting and implementing IPSAS to financial reporting in the Nigeria public sector. The cost of implementing the standard is actually a big task as it would mostly involve the cost of training personnel, writing of new accounting manuals, installation of adequate information and communication technology software for the programme both at the Federal, State and Local government, among others. On the economic side, Ngama (20...
Abstract The researcher intends to find out the cost and benefit of adopting and implementing IPSAS to financial reporting in the Nigeria public sector. The cost of implementing the standard is actually a big task as it would mostly involve the cost of training personnel, writing of new accounting manuals, installation of adequate information and communication technology software for the programme both at the Federal, State and Local government, among others. On the economic side, Ngama (20...
Abstract This study assesses the impact of ownership structure on the financial performance of Pension Fund Administrators (PFAs) in Nigeria. The main objective of the study is to ascertain the level to which ownership structures influence financial performance. While Managerial ownership is represented as the proportion of shares owned in the firm by insiders and board members or insider ownership, foreign ownership firms are firms with majority shares owned by foreign shareholders in the fi...