INTRODUCTION An investment is the purchase of an assets expected to provide a return in future. An individual or organizations willing to forego consumption now in the expected that the return from investing will result in greater consumption later. Making prudent and financially rewarding investment decision requires the acquisition of knowledge about investment alternatives and the development of the skill needed to evaluate these alternatives. With the myriad investment alternative av...
1.0INTRODUCTION Corporate tax is the most productive revenue source of income to the government than taxes from other sources. Although people generally do not like paying income tax, in remains a duty no citizen can legally run away from. It is therefore the practice for tax authorities to endeavor to make people pay income tax without tears since it is not possible to pay with cheers. Taxes can be one of the largest cash out flow that a company experience. The introduction of corporate ta...
ABSTRACTAs the topic depicts, that is “the need for effective and efficient inventory management in a manufacturing organization, one will then say that manufacturing organizations really face inventory management problems of which the research writer tried to analyze and bring possible recommendations to that effect.The problems associated with inventory management includes: scarcity of raw materials, determination of optimal stock level, as well as the discrepancy between policy and pract...
INTRODUCTION Auditing is the process of investigating into the financial records prepared in an organization to ascertain the correctness of the financial statement. Investigation can be described as an inquiry commissioned by a client for some of his purposes. The preparation of the accounts of small scale industries involves the bringing together of the control system. The idea of auditing came into being when a series of company acts. Announcing in 1844 gradually developed and incorporat...
1.0INTRODUCTION The question of how to increase the usefulness and positive result in audit work in Nigeria companies has been bothersome to the generality of the people in the country. Formally, industries or establishments were small and could be controlled by the management expansion of these industries or establishments, coupled with the increase in the scope of managements, functions required to cope with the situation, management could not co-ordinate all activities alone. Finally, as...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Mortgage banks are financial houses that act as specialists in providing money and facilities which encourage people, business firms to get their own houses without first saving the funds required. Housing is one of the important factors that determine urban firms and constitutes the single most serious problems facing large cities in Nigeria today. In 1950s and 1960s, the need small mainly because of low urbanization level. The buoyancy of the Nigeria ...
1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY This research work is aimed at critically studying the different methods of depreciation and the impact on the profit ability of business enterprises. The different methods of providing for depreciation have been posing problems to many people because the understanding and the use of these methods provide varying depreciation expenses on the same fixed assets. In view of this, when profit is reported using different methods for a period, the report...
INTRODUCTION 1.1 STATEMENT OF PROBLEM The major problem of agricultural development lack of finance or lack of capital to be invested in the process of economic development and since past decades productivity in the sector has been steadily decolong. In Nigeria this stands as a problem to the national development and agricultural financing therefore his become a priority to the federal government. In recent times, emphasis has shopted slightly from industrial development to agricultural...
1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY VAT as a system of revenue generation has been in existence in Nigeria since January 1st 1994. It has recorded remarkable increase in revenue generation for the nation and has been shown by numerous researches to be more effective than the sale tax in revenue generation. VAT, however, has not achieved all its objectives especially in the University of the Tax. While almost every one buys vatable goods, a lot of institutions, persons and vatable ent...
ABSTRACT It is often heard that some companies tries to manipulate their financial statement to avoid paying tax or even when they say it is lesser than they supposed to have paid, deposit the tax incentive given to them and that make the researcher to look in depth to find out the effect of this tax incentives offered to private investors and its impact in the industrial development at the entire nation. How far has the tax incentive helped to redirect the investment pattern in Nigeria? It i...
ABSTRACTS This research paper “the concept of cost consciousness in the management of public fund” is a documentation of the research finding carries out to show how with the implementation of cost consciousness can fasten the growth of Nigeria economy as well as the large and small business as firm located in Nigeria. Suggesting a realistic solution to the problem emanating from the project topic “cost consciousness” the management can make decision which will facilitate their growth...
ABSTRACT This study focused on the impact of promotional activities on the marketing of Golden morn product with particular note on Nestle Nigeria Plc, the objective of the study among other things include. To know how effective each of the promotion has been increasing the beverages market share in the market. Based on these three hypothesis were formulated each focusing on the impact of specific promotion data. Extensive literature review on textbooks, journals and material on the area of...
MEANING OF CO-OPERATIVE The co-operative institution will tell us that the co-operative institution is about people. It’s about a business. It is in line with these assertion that various definitions of this subject have been postulated by some school of thoughts. Whereas some scholars see co-operative or define co-operative as an association of person usually of limited means who have voluntarily joined together to achieve a common Economic goals through the formation of a democratical...
INTRODUCTION 1.1BACKGROUND OF STUDY A country wealth development and advancement by its level of industrialization, a country becomes famous among other countries of the world when it has been able to attain to a remarkable degree in industrialization. In view of the above we have deemed it necessary to embark on a research project on “Banks participation in industrial development of Nigeria. This is an attempt and effort to draw the mind of every Nigeria to ask himself certain silent quest...
ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings. Inefficient management has contributed significantly to the financial distress in Nigeria banking sector. This was approved statistically with the chi-square test techniques. It was also discovered that fraudulent practices are a big causes of financial distress in Nigeria banking sector. Base...