INTRODUCTION Significant progress has been made during the past years but more intensely during the last five years towards the significations of the Nigerian financial sector through the implementation of distress resolution options. The Nigerian financial systems comprise the financial institutions rules and regulations instruments, and markets for effective intermediation. The financial institution unit of the systems comprises two major categories of institutions in the Deposit taking t...
ABSTRACT The study examined advertising as a tool for increasing sales in an organization (A case study of John Holt Ventures Ltd). The research was earned out to ascertain the extent of advertising as a tool for increasing sales. In order to solve the research problem, four hypothesis were formulated. The population studied in this research comprised of customer, distributes and relevant management staff of John Holt Ltd and their were 369 using Topman’s formular, 196 using Bourley�...
ABSTRACT This paper examines the relationship between bank supervisor and the external auditor in Nigeria. It highlights the functions of the management, the bank supervisors and the external auditors in the prudent management of the banking sector. It also point out some complementary functions canoed out by each party in the banking sectors, accountability for public interest. It also examines how the banks are made to comply with regulatory guidelines set up by the supervisors in Nigeria; ...
INTRODUCTION Accounting has been widely regarded world wide as an information system through which financial and magnetized information is generated for economic groups companies, individuals or even countries have made various attempts in 1494 a roman catholic priest father Luca Pacioli published a text on double entry, which till today formed a strong basis of accounting particularly the book keeping aspect. Accounting finds practical application in almost all facets of life it is therefore...
INTRODUCTION Most countries irrespective of its advancement have its own share of socio-economic problems. One of the most prevalent socio-economic problems is “inflation”. The term “inflation” is as old as mankind in more precise description inflation can be defined as the persistent rise in the price of good and services and measurement depreciation in the value of money. A careful survey of the situation in Nigeria shows that this phenomenon is prevalent. Nigeria is undergoing a ...
INTRODUCTION Auditing is the process of investigation into the financial records prepared in an organization to ascertain the correctness of the financial statement. Investigation can be described as an inquiry commissioned by a client for some of his purpose. The preparation of the seconds of small scale business organization involves the bringing together of the control system This idea of auditing come into being when a series of company acts Commencing in 1844 gradually developed and inco...
ABSTRACT One of the most researched and least understood variables of public sector accounting is how the accountability and stewardship of financial control is conducted. People have been speculating on how the funds generated are managed but now researchers have conducted systematic investigation of funds and leakage in local government revenue system. Even with this, there is still an increasing difficulty and doubts in establishing the fact that the revenue generated are put in good use...
INTRODUCTION Auditing is the process of investigating into the financial records prepared in an organization to ascertain the correctness of the financial statement. Investigation can be described as an inquiry commissioned by a client for some of his purposes. The preparation of the accounts of small scale industries involves the bringing together of the control system. The idea of auditing came into being when a series of company acts. Announcing in 1844 gradually developed and incorporat...
1.0INTRODUCTION The question of how to increase the usefulness and positive result in audit work in Nigeria companies has been bothersome to the generality of the people in the country. Formally, industries or establishments were small and could be controlled by the management expansion of these industries or establishments, coupled with the increase in the scope of managements, functions required to cope with the situation, management could not co-ordinate all activities alone. Finally, as...
1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY VAT as a system of revenue generation has been in existence in Nigeria since January 1st 1994. It has recorded remarkable increase in revenue generation for the nation and has been shown by numerous researches to be more effective than the sale tax in revenue generation. VAT, however, has not achieved all its objectives especially in the University of the Tax. While almost every one buys vatable goods, a lot of institutions, persons and vatable ent...
ABSTRACT It is often heard that some companies tries to manipulate their financial statement to avoid paying tax or even when they say it is lesser than they supposed to have paid, deposit the tax incentive given to them and that make the researcher to look in depth to find out the effect of this tax incentives offered to private investors and its impact in the industrial development at the entire nation. How far has the tax incentive helped to redirect the investment pattern in Nigeria? It i...
ABSTRACT Government owned establishments in which hotel business is one, are no longer booming in the nation’s competitive economy due to improper accounting system existing therein; as a result of non-challant attitude of its staff. Accounting which is the foundation of every business has been of age in the society. This project work has three chapters: Chapter one is the introduction which gives hints on accounting standards and means of achieving management objectives. Chapter two is...
1.0INTRODUCTION The need to develop micro economic activities that could enhance self-reliance as a strategy for reducing poverty becomes so pronounced that the three arms of government (Federal, state and local government) come up with various initiatives. Among these were programs and policies that aimed at: -Stimulating economics growth through the engagement, of semi-skilled and unskilled labour in production activities -Immediate reduction of social vices and tension in the society by ...
ABSTRACT The accountants the business and the economy are inseparable. They are mostly needed in resolving various conflicting investment decision, initiating and co-ordinating meaning of economic development and growth. In Nigeria, this function has largely been restricted to the reporting role, book-keeping accounting and auditing. This research project is thus a search part for what the role of the accountant, has been and what it should be in enhancing economic development in the area of...
ABSTRACT Capital equipment procurement simply means the purchase of longer lasting machinery. Therefore, in this work, the research is concerned with purchasing role in capital equipment procurement in motor assembling plant Enugu. The brief history of the organization, the problem they encountered in the purchase are enumerated in this work and also finding and recommendations. The main purpose of this project is to enable the researchers meet the award of the Ordinary National (OND) in the ...