ABSTRACT This research work has been designed purposely to determine the ways in which hotels keep proper accounting records. Hotels are industries that provide hospitality to people, making them have a home away from their normal homes; they are mostly a tourist sight for visitors in the country. They provide services such as rooms, meals and transportation and project the image of the country, in return for payment. The central goal of this study is to bring to focus the relevance of ac...
1.0INTRODUCTION National Insurance corporations of Nigeria (NICON) has its own method of making decision, ways of co-ordinating activities of the undertakings, ways of communication, information and ideas and ways of evaluating the success of enterprise in meeting its objective, just as very other organsiation. Every institution requires management. Some managers tends to be more effecting while other tends to be lonys, but management, good or bad is universal and of great importance in any o...
INTRODUCTION The growing complexities and challenges of global industrial cum business environment characterized by harsh government policies, dwindling. Fortunes and the force of competition have imposed considerable responsibilities on business outfits to either swim or sink. These thus compel companies to depart from being run by a man and his wife or by few friends to assuming bigger status, enlarging their sizes and resources so as to dominate the aforesaid challenges. Two mean of risi...
INTRODUCTION1BACKGROUND OF THE STUDY:One problem of management is planning but planning is useless if it is not implemented. The success of any plan is based on adequate control and monitoring of the resources of the disposal in order to achieve the required objective.However, this is a research on the implication of accounting as an internal control machanism in Enugu State Ministries.Accounting is defined as art of recording and giving result of business transaction to the client. The...
INTRODUCTION 1.1HISTORICAL BACGROUND The Central Bank of Nigeria was established because of the anracteristic and difficult of the monetary system, which proceeded it. In these case, the currency or legal tender obtaining in the colorizes before independence was issued by a currency board. Also the development of indigenous banking and growth in the financial mechanism could not be achieved without the assistance of a central bank institution west African currency board which was established ...
1.1INTRDUCTION According to annual report of the Central Bank of Nigeria, the Nigeria economy has performed less well in the 1980’s than the 1970’s. Much of the growth in both periods was based on performance of the oil sector. By 1970 oil output stood at 558 million barrels and increased to 823 million barrels by 1973. Between 1975 – 1985, oil output per day averaged between 1.8 and 2.3 million barrels respectively. With the dramatic rise in oil price in 1973 and 1974 oil came to acc...
1.1GENERAL INTRODUCTION Every organization, profit or non- profit making has objectives and goals in mind to achieve, for profit whole for the non- profit making organization their goal is to satisfy the social need of the citizens, and in the achievement of these purposes, supervisor more often than not of its activities, play a document role. But the largess of the size and scope of these organization have some times made it impossible for the executors to exercise personal and irs...
ABSTRACT This study, an analysis of development in Nigerian balance of payment (1995 – 1999) was carried out to assertion whether Nigeria has been paying her wages internationally to examine the statement with a view to determine what recent developments have taken place in Nigerians foreign trade and others transaction with the rest of the world. Information was collected using literary method i.e. various publications, textbooks newspapers, magazines and journals. Also, oral interviews ...
INTRODUCTION The essence of budgeting is to provide an essential element of control in an organization in order to facilitate the achievement of set objectives .The control process is the fundamental organizationlink between the manager and the other people in an organization in a non profit making organization output various with the objective with which they were established. The objective of public organization could be social and or development in nature . however this...
ABSTRACT The subject of this research investigation is the role and functions of internal auditing within the local government councils in Enugu State, specifically, this study has empirically investigated the present situation functions and problems of the internal audit department within the local government councils in Enugu. The major problem of the researcher was to find out their relevance to the to the effective and efficient performances of the local government areas. The research met...
ABSTRACT This project invested the appraisal of internal control system in large firms. The study was aimed at determining the strength and weakness of internal control system in public limited liability companies and how the existing control has helped the management in the realization of the organizational objective In this project the research found out whether 1.There is regular cash survey to ensure that amount voted into imprest in judiciously used. 2.Majority of the employees are...
INTRODUCTION 1.1BACKGROUND OF THE STUDY The management of the economy in the past has been characterized by corruption and financial mismanagement which made the country to have persistent balance of payment problems. This financial mismanagement was more pronounced during the civilian administration of 1979- 1983 and the dictatorial government of general Sani Abacha of 1993 to 1998. The performance of the economy in the past therefore suggest that our economic problem today are the b...
1.0INTRODUCTION One of the major functions of any government especially developing countries such as Nigeria in the provision of infrastructure service such as electricity, pipe-born water, Hospitals, schools, Access roads and as well ensure a rise in per capital income poverty alleviation to mention a few. For these service to be adequately provided government should have enough revenue to finance them. The task of financing there enough revenue to financing there enormous responsibilities...
INTRODUCTION OF THE STUDY In various public company, the statutory requirement for the management is to present to the owners and other interested parties (creditors, tax authorities, potential investors etc.) a financial statement showing the way and manner in which the resources of the company at the managers disposal has been utilized or managed. This serves as the stewardship function of the management. However, before this financial statement can be accepted and is published. It must h...
ABSTRACT This piece “Auditing as an instrument for ensuring accountability is carried out to explore the roles of auditing in Premier Breweries Ltd, Onitsha. It intends to identify and evaluate the roles of auditing as an instrument to ensure accountability in Premier Breweries and the likes in general. To do this, the researcher took necessary steps in ascertaining those factors that militate against the roles of auditing in this company. It is based on these factors that recommendatio...