INTRODUCTION 1.1BACKGROUND OF THE STUDY Nigeria is urbanizing at an astonishing pace. The share of Nigeria’s population increased from 20% in 1970 to about 38% in 1993 (the world banking) of the nearly 110 million Nigerians, about 40 million are now living in cities and towns. The urban population grew at around 5.5% per year from 1980 to 1993 (compared with 2.9% for the national population). This is among the highest urban growth rates in the world, due mainly to migration from rural...
ABSTRACT The use of financial statement in any business organisation cannot be over emphasized financial statements are needed by variety of people for different purposes . for instance, the government needs the financial books of a company for taxation purposes, the investors want to know how profitable a company is and also the management of a company will like to know the level of their performance: all these cannot be known without the analysis of financial statements of the company or...
1.1 BACKGROUND OF THE STUDY According to Reece, (1975), the accounting profession essentially involves the supply of information to decision makers. Hence, it is not surprise that accountants have always been involved in many information related problems. The need for this involvement is underscored by the avowed aim of accounting which according to the American association committee to prepare A statement of basic accounting theory (SOBAT, 1961). SOBAT, (19610, described Accounti...
ABSTRACT Increased advancement in industrialization, engineering and general commerce has thrown a great challenge to managers. There is increased competitions, and the survival of any company lies on the ability of the managers to apply the scare resources efficiently. Efficient management of resources call for proper control of inventory and revenue therefore, effective system of costing and good pricing policy are central and pre-requisite for the survival and growth of any organization ...
ABSTRACT Accounting information has contributed to the rapidly growing environment in that the management must update themselves with every current information. That will help in achieving their objectives and help them in decision making. Accounting information helps the management in planning and evaluation of the information as it is served as data organized for a special purpose of decision making. TABLE OF TABLES Title Page Approval page Certification Dedication Acknowledgement Table...
ABSTRACT The purpose of the is to see how the accounting system of government owned companies meets the statutory requirement that such books of accounts must be kept as will give a true and fair view of state of affairs of a business, and to explain its transaction. Secondly, it is to see how far the system aids improving the efficiency of the management of the company. The various books of account were examined and the manner of recording transaction right from their points of origination w...
ABSTRACT Budget and budgetary control as a tool for effective decision and planning in ministries and parastatals. The researcher is prompted into choosing this due to the peculiar nature of the topic budgetary control in ministries and parastatals. In this project work the definition of budget is being known as a techniques their task of planning, coordinating, directing and control in an organization. For a government ministries to achieve their aims budget must be enlisted in Agenda. ...
ABSTRACT INTERNAL AUDIT AND STOCK TALKING Internal auditing and stocktaking are characterized by paucity of literature mostly when it involves having a focus on a particular establishment. Most at the work on auditing have been centered on independent audit. However, effort were made to scrape as much as possible from the dired ground. Internal auditing is this an independent appraisal activity within the organization for the review of accounting, financial and other operation as a basis ...
ABSTRACT This study is aimed at appraising the liquidity problems in commercial banking in Enugu state with a view of determining how these problems affects commercial banking business, as well as determining whether the policies imposed by the central bank has actually solved the liquidity problems of commercial banks or not. In doing this, we want to classify the period under review (1980-1980) into want to pre-sfem period and the post-sfem period. In order words, the study intends to d...
ABSTRACT This research work is on the impact of accounting information on decision making process, with a particular reference to the Anammco LTD Enugu. The research was geared towards understanding the operations in Anammco Ltd with an emphasis on decision making process. The problems, prospects and implications of the programme were also examined. The objective of the study is therefore to expose to various departments the proper way to embark on effective accounting information. Forty ques...
ABSTRACT With the present economic predicaments in the country, most people found it very difficult to cope with the high cost of living. This is true, because the government is not generating enough revenue as expected and such things affect the budget of the year. It all meant that the government may not have enough money to provide social amenities for the individuals. Therefore the government, individuals depend on revenue for the execution of their projects. The need may be defense, educ...
INTRODUCTION1.1BACKGROUND OF THE STUDYRecent researchers have been shown that one of the main causes of indigenous business failure in this country is failure to maintain proper financial records. Many business have been operated with merely a single entry memorandum record of transactions and others with no records whatever, except possible cheque stubs. As a result, business decisions are based on quesses and intruition. Ola (1985).In todays economy information and accountability have a...
ABSTRACT Chapter one contains the introduction and analysis of fraud. So many people define fraud in different way because of its inexplicit meaning. It also concentrate on the limitation, objectives and importance of auditing in our banking industry While chapter two deals with the definition of Auditors and their duties in banking industry. It alsodiscussed about various types, causes, effects of frauds in banks as well as the role of Auditors to hip it in the bud. The paper equally looked ...
ABSTRACT The Nigerian stock exchange (NSE) has been created to serve various function such as often of business guideline to top business management concerning cost of capital for the Nigerian stock exchange provides avenues for long term investment. These function credited to the stock exchange is expected to create positive effect on the general business and industrial growth of the country. However, this research work is determined to evaluate the effect of the stock. Exchange on the ...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Cost control is a vital element in the management aspect of functional activities that covers all aspects of an enterprise. It was first performed in a routine manner by clerks, but with the advent of professional management skills, it has evolved in to a more sophisticated function with a far reaching effect on a company’s profit. This study will critically examine the constituents of cost management, such as production cost and control, purcha...