ABSTRACT This research work is on attempt to analyze the ROLE OF BUDGET IN BANKING MANAGEMENT. In conducting this research I went to united bank for Africa Enugu branch and some libraries to get some relevant materials for this research work consists of study based on selection of different secondary data. It also emphasis on ND 1 just the role of budget in banking management but also the way of implementing budgeting and process. Based on the research work, the following findings were made. ...
1.1BACKGROUND OF THE STUDY It has been said that the traditional role of financial account was to give account of the stewardship to the owner of business who was divorced from management of business. There is always the tendency for the owners to debt the content of the report presented to them. They fear that the report may contain errors, conceal fraud, deliberately misleading or lack in the information content. To solve this problem of credibility in reports and accounts there is always t...
INTRODUCTION 1.1BACKGROUND OF STUDY Investment proposals and decisions by business entities and individuals could evolve due to certain reasons. These include decisions concerning the following; (a)New products or expansion of existing product (b)Replacement of equipments or building ©Exploration and others These decision involve huge capital expenditure on capital investments. Therefore, for any of them to be meaningful there must be decisions on the sources of such huge capital fund In...
ABSTRACT Community banks were established in Nigeria to help remedy the rural development problem that has been facing Nigeria since after World War II. The fundamental concepts of a community bank is of a self sustaining financial institution, owned and managed by community or a group of communities for the purpose of providing credit deposit, banking and other financial services to its members. The objectives of the research work therefore covered the pace of providing financial and banking...
ABSTRACT Paper examines various theoretical views about the role Nigeria capital market can play in the economy with a view to showing that the effective development of the market holds sway for the successful economic and emancipation of Nigerian in the emerging 21st century special emphasis has been place on the of Nigerian capital market in the economic development of Nigerian acting to provide a means of raising finance to assist companies to expand and modernize, providing a means of all...
ABSTRACT Today in the public sectors, staffs have decided in involving themselves in fraud, misappropriation of fund mismanagement of assets entrusted on them, and abuse of their profiles for their different personal interests. But, auditing has become a tool for ensuring good accountability. Through auditing, the account of individuals, partnership, co-operative and public sectors can at any time be examined by an auditor which enables him to express his opinion of true and fair view, by t...
ABSTRACT This research project is on accounting as an aid to internal control system. The problem study of this research is to find out whether Enugu State Government Accounting records are properly kept according to the provision of the state financial instruction as it concerns the state government. Again to know if there is any loophole in the accounting records as it concerns their internal control. Any organization wishing to conduct its business in any orderly and efficient manner and t...
INTRODUCTION “There have been some academic assertions to the effect that accountants and managers who are employed in the industry do not use most of the mathematical decision making tools, cost-volume-profit analysis inclusive”. 1.1BACKGROUND OF STUDY “Some industries today are encountering problems raised by expansion through increased sales and the introduction of new products. Many on the other hand are facing problem of contraction due to the introduction of substitute materials,...
ABSTRACT The relevance of effective accounting system on the performance of a manufacturing company was intended to investigate the effect of mediocre and lack of comprehensive accounting system, financial accounting system and management accounting system. The research work also received work done by others in respect to his subject matter by using text books, questionnaires, professional journals and conference papers by prudent scholars. The statistical research study also revealed that th...
ABSTRACT The need for keeping prompt and accurate record of transaction in the government services of the receipt and disbursement of public fund cannot be over-emphasized. This is why the officers of the Accountant –General of the federation in whose hands this duty falls, has over the years been engaged in the determination of procedure to achieve an optimum effectiveness of these recordings. The management of public fund regimes an appropriate and comprehensive accounting system. This ...
ABSTRACT In order to successfully accomplish the purpose for this research study, on the role of the Nigeria accountant question were formulated and a questionnaire comprising statement drawn from the research questions were prepared as well from the following problems are be setting public sector. Appointment of unqualified accountants to act as account supervisor, negative attitude of most accountants to wards account ability resulting to inadequate keeping of financial and accounting recor...
ABSTRACT This study investigated the proposed that favour this proper and adequate financial record keeping in the success of small scale business. also discussed is a documentation of the research findings carried out among merchandizing oriented small business with the aim of charging the assertion among our small business proprietors that there is no relationship between sound accounting practices and profitability in business. In began with under surveying the effects and cause of inade...
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 i...
ABSTRACT Contribution of Business support system in entrepreneurial has highlighted its contribution of business support of small scale business and has helped to trance productivity, increase self reliance and employment opportunities. Support systems like, the Central Bank of Nigeria (CBN), Nigeria bank for commerce and industry (NBC) National Directorate of Employment (NDE), National Economic Reconstruction Fund (NERFUND), Industrial Development Centre (IDC). These support system and...
INTRODUCTION Every business firm normally will like to know how it performed over a period of times, thus leading to the preparation of profit and loss statement. They also ask about their position at a particular point in time which leads them to prepare balance sheet. Finally, they will like to know where they are heading, which has led to the preparation of budgets. Budget is term used locally by a lay man. Lay man confuse budgeting with planning. A budget is part of a plan. A plan c...