INTRODUCTION Within the last thirty years, there have been quite some revolutionary changes in the application of accounting techniques to assist all grades of management in achieving efficiency by the presentation of suitable financial information. This revolution in the application of accounting technique has been a difficult task in Nigeria both in public and private sectors of the economy. For example in government sector, to convince administrators of the advantages to be derived from in...
INTRODUCTION Since the amalgamation of the Northern and Southern protectorates of Nigeria in 1914 by Sir Lord Fredrick Lugard, there had been this sporadic attempt to restructure local governments, assign functions to them and establish district frame work for separation of powers between the executive, legislature and, the carrier servants in administration of local governments in Nigeria. The above was not realized until after the 1979 constitution when the civilian government made little e...
INTRODUCTION The success of every business organization has on the volume of its working capital. The volume of a business working capital determines the extent of its operation. Adequate working capital fund enhances an organization’s operations, create room for expansion enable a business to plan and achieve targets. Hardly can a business operate optimally without adequate working capital fund to enable it operate successfully and overcome some business challenges. Working capital is def...
ABSTRACT This research work is an attempt made to enforce the roles played by internal audit department in the public sector towards the appraisal of management efficiency. There are five chapters that represent the main topic of discussions of the project. The introductory part of the project is written in chapter one comprising background of the study, statement of problem, goals to be actualized, scope and limitations, which I encountered as a student were clearly stated. Important terms u...
INTRODUCTION Accounting can be defined as an act recording classifying, summarizing and reporting of business transaction for preparation periodic statement of performance and caused to provide information to management for decision making. It’s an act of controlling a business by keeping records, preparing form those records certain statistics called ‘ accounting ration” and using those rations to detect financial difficulties before they become serious and uncontrolled so that ce...
ABSTRACT An economy moves as efficiently on inefficiently as the people who manage its affairs. Business cannot thrive if we do not have an adequate number of men with their requisite knowledge, skill and competence. It is in recognition of these fact that an effort is made in this research work to show the impact of Auditing in public sector. For the sake of clarity a and orderly presentation of relevant materials, the body of this work is divided into five chapters. Chapter one is ...
ABSTRACT Auditing provides means of appraising companies performance and diagnosing its ills and weakness. The researcher conducted a critical study on this topic with the intention of finding out the extent to which the company Nigeria breweries plc. Aba has carried out efficiently appraised and highlighted deficiencies and inefficiencies which are usually believed as not existing and whether the company Nigeria breweries plc, Aba is as efficient as it should be. The researcher also carried ...
ABSTRACT The study highlights the application of the cost-volume-profit analysis in a manufacturing company. The study to determine the resultant effect of inefficiency in cost-volume-profit analysis application. It aims at examining the impact of cost-volume-profit (C.V.P) analysis in terms of its application and relevance to the profitability of manufacturing industry. The research methodology was design in a manner that ensured the adequate representation of the manufacturing sector ...
ABSTRACT The title of this research work is, Social accounting as a method of the impact of development activities’’ with particular referent to Nsukka local Government Area in Enugu State. It has been identified that accounting and financial reporting in the public sector particularly at the local government level was not given adequate attention. In the course of coining out this study, the following objectives among other were set which included The identification of major ca...
ABSTRACT The success of any bank is to a large extent dependent on how effective it can manage its liquidity. In respect of this, the research project seek to evaluate the impact of liquidity management on the performance of deposit money banks in Nigeria, and in relation to this, explore the extent to which effective liquidity management can enhance the profitability and survival of banks in Nigeria. The regression analysis was applied on data on relevant data such as the industrial liquid...
INTRODUCTION Given today complex and rapidly changing management climate, most large companies, major institution and governmental agencies are implementing continuous improvements to achieve efficiency and assure all concerned parties of solid corporate governance. The nature of interval audit system simply means explaining some of the key terms in the project topic, the internal system. According to the Institute of Internal Auditors (IIA) definition of internal auditing the interna...
INTRODUCTION Cost accounting is considered as the managerial planning and control activities furnishing management with the necessary accounting tools to plan, control and evaluate operation. The term cost accounting as however published by the institute of cost and management accountant is define as “the application of costing and cost accounting principles, methods and techniques to the science art and practice of cost control and the ascertainment of profit”. It includes the presenta...
INTRODUCTION A business combination takes place when two or more business organization come together to form a single economic unit. Business combinations; could take the form of merger and acquisition where two or more previously autonomous concerns come together under common control, there is a formation of a new company, which acquires the (assets and possible the liabilities) of two or existing business. Merger and acquisition are the fastest ways for a business to dramatically cha...
INTRODUCTION Traditionally, most of our constitution and institutions arrangement has been the management and accounting of public funds. As a result of this, various rules, regulations and instructions are instituted to guide public officers in the proper conduct of the finance entrusted in their care. The constitution generally sets out total financial management and accounting of the public funds which has been in demand to the public sector more so the rendering or proper stewardship of i...