INTRODUCTIONThe applications of Accounting Information have contributed to the growth and development of every business entity. Non-profit making organization on the other hand has immensely benefited from accounting information to survive, integrate and stabilize in this current economic recession in the country. Any of the non-profit making organization that neglect the roles and impacts of accounting information will at the end of the day fold up.Many churches today have split,...
ABSTRACTThis study on the effectiveness of audit report on improvement of financial management in the public sector identified accountability as one of the main problems affecting public sector organization.It set out to achieve a number of objectives among which are:-(1) To find out why organization bother themselves with audit services and the accompanying reports.(2) If it is true that the report lack effectiveness other objectives include the necessity on advice depending on the finding o...
ABSTRACTAccounting 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 translate...
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 co...
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 rev...
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...
TABLE OF CONTENTSPreliminary pagesTitle pageDedicationAcknowledgement AbstractTable of contentList of figuresCHAPTER ONEINTRODUCTION1.1 Background of the study1.2 Statement of the problem1.3 Objectives of the study1.4 Research questions 1.5 Significance of the study1.6 Scope of the study1.7 Limitation of the studyCHAPTER TWOREVIEW OF RELATED LITERATURE2.1 Conceptual frame work2.2 Historical background of financial resources of Ezeagu local government.2.3 Causes of financial mismanag...
ABSTRACTIt 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...
ABSTRACTThis 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 orde...
ABSTRACTPrior 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, ...
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 he...
ABSTRACTIt 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 bankin...
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 wer...
INTRODUCTIONAll 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 dete...
INTRODUCTIONBanking 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 transfe...