1.0 INTRODUCTION This project is aimed at looking into the accounting profession in details and examining its role in societal development. A study of the evolution of accounting suggests that accounting processes are reactive because they have developed primarily in response to business needs. Also the development of accounting process has been related to economic progress and societal development of a country.History shows that the higher the level of Civilization or development, th...
ABSTRACTThe research study conducted on this topic “Division of labour and specialization, a tool of industrial growth and development” was extensively done to include all the works and of it that could be sued to achieve industrial growth and development in any industry.Indeed, for a firm, government establishment to grow, there is need to master the use and application of division of labour and specialization since no man is an Island, there exist division off labour in our homes, offic...
ABSTRACTThe unprecedented master influx of financial reporting in the country party as a result of deregulation policies occasioned by sometimes government intervention has aroused the curiosity of writers to carry out study of this nature. This reporting apparently act as a fool for management decision. The problem does not lie on management decision per se but the financial market in general and public users as a whole. Thus the cord of this study is to find among other things need, avenue ...
ABSTRACT This research work was on the internal control system as a means of preventing fraud in Nigerian Financial Institutions. However for a more detailed study a case study was carried on First Bank Plc Onitsha Head Office. The bank understudy was selected by simple random sampling. This study was necessitated because of the Increasing wave of Bank fraud in Nigerian in recent times as reported by the Nigerian dailies. Therefore the need to investigate t...
ABSTRACTPlanning and control have become part and parcel of our daily lives. We may even resent it when it is imposed. But we have come to realize that it is an essential factor in national, business and private life. This project “Financial planning and control as a tool for management efficiency” aims to finding out how financial planning and control has helped management organization to achieve their efficiency. Chapter one of this project gives a general introduction of what financial...
BACKGROUND OF THE STUDYChange and organizational implication of change are very much in minds of modern/managers. And managers as become increasingly aware of the need and for a better information technique and process to cope with risk and uncertainties that are the future of change. management assignments of the likely, impact of constantly concurring economic social and technological change necessitate the need to carryout vigorous process of anticipating change, plotting it course and sha...
INTRODUCTIONThe primary aim of establishing or going into business is to optimize profit and as well as to ensure continuity of that business concern. When one person (sole trader ) of group of person (partnership of companies limited by shares or guarantee) intends forming a business entity he will need both fixed and current assets to facilitate a smooth take off, these fixed and current assets will by funded from both long term liabilities and current liabilities (or capital) as the case m...
ABSTRACT In the contemporary and ever dynamic business world, there has been an increasing shift in management concepts a shift in emphasis from production management to marketing management and now to management of resources at the firms disposal. Management now strive to achieve sound and stable financial standing by concentrating efforts on financial planning and control. The firm has to allocate its limited resources among alternative uses. If resources were unlimi...
INTRODUCTION1.1 GENERAL MEANING OF PUBLIC ACCOUNTINGIn the public sector organization exhibit a variety of social economic, political and legal characteristics. They have different pattern of accountability. They have different objectives and are financial in many ways. They also have different organizational structure.Generally, public accounting may be defined as a composite activity of collecting, analyzing, recording, summarizing and interpretation of the financial transactions of t...
1.1 INTRODUCTIONBackground to the study: Accounting is the systematic complication of financial information for use in making economic decision. It is the mechanism and body of of principles through which business activities that are capable of being expressed in terms of money are recorded, classified and periodically summarized and interpreted. Lexicon Universal encyclopedia (1980 edition). Accountants interprets financial information by explaining it’s meaning, uses and limitations. Acco...
1.1 INTRODUCTIONThe role of an auditor are impressed by the layman is that of an auditor being in quest of errors, theft, defalcation and fraud. But the impression of various accounting society on the role of auditor cuts across this limit of layman view. Accountant see the purpose of audit by an auditor beyond the layman view to include the inquiry of the truth and fairness of the entity affairs as represented in their records, whether they have prepared it in accordance with the gener...
INTRODUCTION Since creation, there has been quest by man to improve on the quality of his life style and existence. This ever-increasing quest has been necessitated and propelled by the need to address the changes posed by the environment. Born out of this need, a number of inventions have been made in virtually to the field of disseminating information in accounting. The term paper is designed to examine various aspects of our lives and the society at large has been affected by the advert of...
INTRODUCTION1.1 BACKGROUND OF THE STUDY Financial control and accountability as the name implies means the proper management and control of financial aspects, the efficiency effective and management of finance of the organisation. The finance control and management law 1968 is designed for control and management for the public financial and maters connected there with and it stipulates under section 33 that the accountant general shall under to the auditor general accounts showing the f...
ABSTRACT This research work was embarked to aid you to study the effectiveness of monetary policy in controlling inflation in Nigeria. The need to the study was informed by the tend inflationary growth over the years and also the impact of the inflation in achievement of the four basic economic growth, price, stability, high level of employment and low inflationary rate for favourable balance of payment. Many research works have been carried out on this issue previously but despite all the go...
ABSTRACTWe are in the jet age. Nigeria cannot do without computers. A world that is ever increasing and raised with the quest to improve - one quality of its environment. The aim of this study was to enable auditors to adapt to the computer environment. The chapters run from one to three and justice has been done to this topic. TABLE OF CONTENTTITLE PAGE IIAPPROVAL PAGE IIIDEDICATION IVACKNOWLEDGEMENT VABSTRACT VITABLE OF CONTENT VIIICHAPTER ONE1.1 BACKGROUND OF THE STUDY 11.2 STAT...