A widely views has it that taxable adults in Enugu state evade tax payment, thereby depriving government of revenue. For this reason, this study focused on tax evasion: causes and implication on Enugu state government revenue so as to understand the importance of taxation towards improving internally generated revenue in Enugu state to enable government of the state provide her citizens with adequate amenities without hoping on statutory allocation. In the light of this study, two specifi...
The aim of this study was to ascertain the role of internal auditing in organizational effectiveness focusing on Diamond Bank. The specific objectives are; to determine the role of internal auditing in promoting organizational performance of Diamond Bank, to examine the effect of internal auditing in the internal control systems of Diamond Bank,to ascertain the effect of auditors’ independence on the efficiency of internal auditors and to determine the effectiveness of internal auditing in...
This research looks at the role of fraud management in the profitability of Nigerian banks (A study of first bank Nigeria plc). The objectives of this study include to ascertain the role of fraud detection and the contribution of fraud investigation in the profitability of Nigerian banks. Ex-post factor research design was adopted for this study because secondary data was used. Data was collected from the bank’s annual report and fact books covering from the period 2006 –2015 However regr...
ABSTRACT This research aims to examine the influence of internal audit on effective corporate governance in SOEs in Ghana. A questionnaire was used to collect data and was distributed to the 100 top senior level officials and internal audit department of the SOE sectors. The regression model that was used in this study was five dependent variables: internal audit independence; proficiency and due professional care; nature of work; quality assurance and improvement program; and managing the in...
ABSTRACT The study provides a comprehensive discussion on credit ration of Small and Medium Enterprises (SMEs), its effect on the growth of SMEs and subsequent effect on employment in Ghana. Access to finance has been noted as one of the major challenges upending the survival and growth of the SMEs sector in Ghana. The problems of access to finance, gaps and the reasons for the gaps in SMEs financing in Ghana are discussed. Gaps in SMEs financing were discussed in relation to credit ra...
ABSTRACT The relevance of keeping proper books of accounts and sound accounting practices has been emphasized in achieving proper financial management in Small and Medium Scale Enterprises. In this study, we investigate the recording of proper books of account by SMEs in Kumasi (Ghana) through information based on responses to a close- ended questionnaire from 90 SMEs in Kumasi. We report that majority of SMEs’ owners were academic inclined, and also had at least an average level of accoun...
ABSTRACT This paper provides empirical evidence regarding the perceived investigation into the benefits and challenges of international financial report standard adoption and implementation amongst small and medium enterprises in Kumasi metropolis. The Ghanaian financial reporting framework is keeping pace with the global development due to the globalization of the world’s economy and markets led companies and nations to become world global players. Thus, as a result, Ghana made prepa...
ABSTRACT The globalization of the world‟s economy and markets led companies and nations to become world global players. Before the adoption of International Financial Reporting Standards (IFRS), different countries developed their own national accounting standards. However, movement of business toward global economy brought challenges in comparability, objectivity, reliability, understandability among others. In view of this, this paper attempts to assess the impact of International Financi...
ABSTRACT This study examines the credit appraisal process and repayment of Bank loans at Ecobank. Specifically, the study investigates the appropriateness of the credit appraisal process of Ecobank, the relationship between loan officers and customers and the effect of loan officer – customer relationship on the credit appraisal process. The study also identifies strategies to help improve the credit appraisal process of the Bank. A face-toface household-level survey of 142 respondents is...
ABSTRACT The main purpose of this study was to evaluate the effectiveness of internal control systems in tertiary institutions in Ghana. The specific objectives included: to review the types and effectiveness of the internal control systems in University of Education, Winneba (Kumasi Campus) (UEW-K); to examine the measures put in place to enhance the effectiveness of internal controls in UEW-K; and to recommend appropriate ways that will improve the effectiveness of internal control activit...
ABSTRACT Decentralization is assumed to bring about better efficiency in the distribution of public goods and services at the local level. Interestingly, this acclaimed position of decentralization depends largely on the belief that local governments will in practice exercise much fiscal discretion when it comes to the allocation of resources than the central government. However, to the shock of many, local assembly’s fiscal discretion appears to be very controlled in the sense that most l...
ABSTRACT This study explores the effect of monetary policy on stock market liquidity in Nigeria.The objective of the study is to find out how monetary policy affects stock market liquidity in the Nigerian economy either positively and negatively. Data for this study were collected through primary and secondary data gathering sources. Data was analysedusing responses received using questionnaire which was designed in a yes or no format.iChi-square iwas iused ito imeasure ithe idiscrepancies ie...
ABSTRACT This research work seeks to unravel al the ambiguities and uncertainties on the extent to which banks rely on the accounting information submitted by their customers before granting them credit, The commercial objective of banks is to maximize profit, tough other social and economic functions tend to deflect banks from profits maximization and their primary objective. Banks are acknowledge agents of social , economic and political development. As agents of deve...
ABSTRACT It is a fact that the useful ness of financial statement cannot be over emphasized, thus, this study was under taking to highlighting the users and analysis the problem associated with the usefulness of financial statement. For these objectives to be achieved, we undertook a marketing company called “Eternit Ltd Sapele” we also held an oral interview with some selected staff of the company. Our findings reveal that the major problem facing company knows what ...
ABSTRACT Project work being part of the requirement for the successful completion of the course is a commendable and much value integral part of the structure syllables. This have given me the opportunity to level into area of interest which internal control is applicable to civil services financial, and store controls this project work into the internal control system and with particular reference to ministry of finance, Asaba Delta State the sample was made up respondents elected from three...