ABSTRACT Accounting generally involves the process of identifying, measuring communicating economic information to permit informed judgments and decisions of users of the information’s.In other words, accounting is concerned with providing information which will help decision makers to make decisions. To enforce credibility, and utility of the information, the decision making process established concepts, principles, standard and legal requirements are strictly followed in order to translat...
INTRODUCTION The central bank of Nigeria announced a new capital requirement for Nigeria banks of 25 billion Naira (about US & 181milion) this reflects an increase of from its previous 2billion Naira (Us & 14.5 million) The banks governor has explained that by this he plans to encourage merger and acquisition among the 89 banks currently operating in the country to consolidate and strengthen the nations banking industry. He also hoped that this development would ignite investors confidence...
ABSTRACT The aim of the project is to provide information to the public on the “effect of bank failure in Nigeria” it is geared towards bringing to light some of the activities or services rendered by the banking industry bank failure causes and the effect to it. The project is made up of five chapters. The chapter deal with the interaction, this takes about the background information about the evolution of the banking system and bank failure. The seconding chapter deals with review o...
ABSTRACT In this study the objective of the researcher is to find out the problems of Administration of VAT in Nigeria, VAT is one the major sources of government revenue. To do this the researcher was able to discover that the following were some of the problems militating against administration of VAT in Nigeria. a.Problem of non-compliance of government services industries. b.Failure of some state such as Sharia States to comply by opposing payment of VAT on alcohol. c.Inadequate Vat Zon...
TABLE OF CONTENTS Preliminary pages Title page Dedication Acknowledgement Abstract Table of content List of figures CHAPTER ONE INTRODUCTION 1.1 Background of the study 1.2 Statement of the problem 1.3 Objectives of the study 1.4 Research questions 1.5 Significance of the study 1.6 Scope of the study 1.7 Limitation of the study CHAPTER TWO REVIEW OF RELATED LITERATURE 2.1 Conceptual frame work 2.2 Historical background of financial resources of Ezeagu local government. 2.3 Causes of fina...
ABSTRACT It was convinced that through this research the benefits of using internal auditor for efficient control of activities in this institution would be utilized. The aim of the study is to investigate and ascertain how the institutions administration can explore the service of internal audit to effect control and this ensure the institution objectives in the course of the investigation, the researcher used questionnaires and oral interview to collect data from the head of internal ...
ABSTRACT This research work is intended to evaluate the relationship between money supply and national income in Nigeria during the period over view. View about the important of money in the working of the economic varies greatly. In particular, the means by which money affects income and output and the extent of the changes in money supply affect the economy is the issue of such controversy.Monetary policy deals with discretional control of the money supply by the monetary authorities in ord...
ABSTRACT Prior to the recapitalization and reformation in the banking industry by Central Bank of Nigeria (CBN), under the leadership of Prof. Charles Soludo, our banking system has been in disarray. It was engaged by incessant distress and failure. The problem of bank distress and failure has pervaded the Nigerian banking sector in recent time to such an extend that the problem has become a big challenge to regulatory and supervisory authorities, the government, the banking managem...
ABSTRACT The depress in Nigeria economy and the role of auditors has played to revamp the economy is a concern to all. This particular study therefore studied the whole phenomenon of depress as to the causes procedures for classifying the economy as depressed and them evaluating critically the roles plays by the auditors. After evaluating all these the roles of the auditor was then examined to determine if to date the auditors has lived up to expectation or of he should be held liable f...
ABSTRACT It was in the year 1892 that banking activities first started in Nigeria with the opening of a branch of the African Banking corporation in Lagos. It is in the light of these that this work has attempted to showcases the effects of banking regulations and reserves on the performance of commercial banks. The objective was to access the effects of banking regulation and reserves on the performance of commercial banks in Enugu Urban. Help the aeration of commercial banking that ...
ABSTRACTThe stud focuses on internal auditing as an effective instrument for examinationTo ensure that financial regulations and instructions in carrying out financial transactions in NITEL is strictly adhered to To assess and evaluate the effectiveness o the internal audit unit as a relevant tool for ensuring probity and accountability in NITEL, to achieve these, both primary and secondary data were colleted. Sample population of 50 senior and junior staff of NITEL were collection. TA...
INTRODUCTION All organizations whether public or private, have some objectives or goods, which they aim to achieve. These objectives or goals could be the maximization of profit or rendering of services. The realization of an organization’s objective requires the acquisition and utilization of both human and material resources. To achieve these objectives, the organization tries to economize resources and means of achieving its pre-determined goals. With there resources, the organization de...
INTRODUCTION Banking decree 1969 defines banking as the business of receiving monies from out side sources as deposits, irrespective of the payment of interest and the granting of loans and acceptance of credits or the purchase of bills and cheques or the purchase and sales of securities for accounts of others or the incurring of the obligation of acquire claims in respect of lons prior to their maturity or the assumption of guarantees and other warranties for others or the effecting o transf...
ABSTRACT The banking industry in Nigeria is still highly regulated despite the increasing wave de –regulatory measles is sneeping across all facts of the life .The reason for this regulatory tendencies, are however, not far fetched for in the history of banking and economic of many nation ,banks have been the most widely regulated of all business The prudential of licensed banks could be seen as one myriads of regulatory measure of the apex financial authority (the central bank of Nigeria...
ABSTRACT In this study, researcher examined the management Audit. As tool for achieving organizational objectives. A case study of Emenite Company lit. The study is significance on system of management audit is intended not only to maintain an adequate method of processing accounting data, but also to safe guard the company against possible financial loss due to fraud or errors. With the, identification of the problems of the system, an attempt was made to device some solution to the problems...