The study was carried out to find the efficiency of Banking activities with the application of computer attention was directed on the relationship between the contribution of computer application towards banking activities in economy. The scope of the work was not all that wide, but the study was able to come up with facts that the banking sector improves tremendously with the computer. It is of great importance to both the ministries and the researcher. Since it helps to ...
ABSTRACT In the ordinary course of lending banks incur load debts which are charged against the income generated by the cause for bad and doubtful debts. Besides, a cursory look at the annual statement of most commercial banks relatively provide for bad debt more than the other banks. This fact could also be reflected in the relative performance of the banks. Indeed many commercial banks in this country are a the verge of collapse particularly the state-owed ones. TABLE OF CONTENTS...
This term paper has been designed for all accounting and non-accounting students. It is intended to help all students to grapple with certain fundamental aspects of the accounting problem of public enterprise in Enugu State. Chapter one defined the concept and explain everything about accounting problem of Enugu State Public Enterprise. It also deals on the types of nature and role of public enterprise in Enugu State as well as the causes of public ente...
This paper is a comprehensive summary of a well known company in the world today due to its technological effect on the entire populace. The Company "Lenovo" is a company that deals mostly on electronic and which have made a name and acquired more shares in the market. This write up terms to show and guide students on the way of analyzing a company's financial and non-financial performance. It also shows the contents that are expected in an Annual Report. The researcher made use of secondary ...
ABSTRACT Theopening of the accounting to the actuarial calculation is a normal consequenceof its evolving spirit. At the origin of the international accounting standardslies the framework for preparing, presenting and disclosing the financialstatements. The framework stays as a reference matrix, as a standard ofstandards, as a constitution of financial accounting. According to theinternational framework, the financial statements use different evaluationbases: the historical cost, the curre...
CHAPTER ONEINTRODUCTION1.1.BACKGROUND TO THE STUDY Taxation is a compulsory levy imposed by the Government on the incomes of taxpayers in a geographical territory in order to defray the expenses of governance. This implies that anybody that generates income must compulsorily pay taxes. There are different types of taxation. These include the personal income tax, company’s income tax, and petroleum profit tax, value added tax and the capital gains tax. Recently, the issue of capital gains t...
Abstract: Labor cost is a significant element of cost especially in an organization using more manual operations. It is the cost of human endeavour in the product and requires coordinated efforts for its control. The management objective of keeping labour cost as low as possible is achieved by balancing productivity with wages. The object is often achieved by paying higher wages to limited satisfied workmen with high productivity. Low wage does not necessarily mean low labour cost. You sh...
AbsractThis discussion paper is concerned with entrepreneurship and the development of small andmediumsized enterprises (SME) in Central and Eastern European (CEE) countries, wherethe transition from a socialist command economy towards a marketbased system opened upenormous possibilities for private entrepreneurs. Since the early 1990s, private entrepreneurshipgained ground, and the same applies to research on new and small enterprises [e.g., Aidis (2003,2006), Aidis et al. (2007), Djankov et...
ABSTRACT The idea of human resource valuation and reporting existed for more than half a century. The concept continues to be debated by economic, accounting, and psychology theoreticians universally. The main thrust of Human Resource Accounting (HRA) is to identify, quantify and report investments made on human resources of an organization that are not presently accounted for under conventional accounting practice. This study critically assesses the concept of HRA in order to unveil its str...
BACKGROUND OF STUDY The Nigeria banking industry has witnessed a lot of changes since the mid 1980’s and this is reflected in the increased volume and complexity of bank operations, increased innovations and varieties in product and service delivery. These development have not only been technology driven but have influenced move technological advances.Information technology which is the foundation of modern electronic banking through desktop computers and terminals provide the tools for ...
INTRODUCTION In any field of human endeavour, the place of supervision tends to assume an all important position, the place of supervision in the banking industry most especially the commercial bank cannot be down played.Orjih (2011:25) often, insider misconducts are discovered during examination of the accounting records of those commercial banks by the CBN, being one of the key supervisory institution in Nigeria.Adelusi (1994) opined that misconduct might equally be brought to the attentio...
ABSTRACT The purpose of this study is to find out if auditing is essential in the management of financial institution. Does financial institutions really needs to audit its financial statement? This study work has three chapters.Chapter one contains introduction to the study/background of the study, statement of problem, objectives of the study, significant of study, scope and limitation of study and definition of terms. (Auditing and other related issues)A number of past related liter...
INTRODUCTION In a modern economy, there is distinction between the surplus economic units and the deficit economic units and in consequences, a separation of the saving investment mechanism. This has necessitated the existence of financial institutions whose job includes the transfer of funds from saver to investors. One of such institution is community bank. The intermediating roles of the community bank place them in a position of “trustees” of the savings of the widely dispersed suppl...
TABLE OF CONTENT Cover Page i Title Page ii Approval Page iii Dedication iv Acknowledgement v Preface vi Table of Contents vii CHAPTER ONE INTRODUCTION 1 1.1 Background of Study 1 1.2 Statement of the Problem 4 1.3 Objectives of the Study 7 1.4 Significance of the Study 8 1.5 Definition of the Terms 10 1.6 Scope and Limitations of the Study 10 CHAPTER TWO LITERATURE REVIEW 12 2.1 Definition of Audit 12 2.2 Generally Accepted Auditing Standard 14 2.3 Auditing Principles 15 2.4 Distinction bet...
INTRODUCTIONThe global economic recession, which started in 80’s as a result of decline in the economic growth of developing nations, high rate of inflation, dramatic rise in the price of crude oil, increasing cost of importable, a massive build-up of liquidity in the international capital market and usual fluctions in commodity prices was not fully felt in Nigeria until 1982 when the developed countries applied a series of restrictive monetary and fiscal polities to curtail the forestated ...