ABSTRACT The research project is on the law of revenue generation strategy in Enugu State local government system. The main source of local government fund is the 20percent statutory allocation from the consolidated revenue fund. This fund is not enough for the local government to discharge its responsibilities to their people. It therefore, become necessary for the local government to look for other means of generating fund internally to supplement the 20percetn federal allocation to th...
ABSTRACT There in a misconception as to the role of the auditor in relation to fraud. Management has hence put in place a system of internal control adequate to its circumstances in order to help it ensure the reliability and accuracy of company records. Despite all these there have been celebrated cases of fraud in financial institutions. This hence highlights the need for an increased awareness of fraud and its manifestations in books accounts not only by accountants, but by investigat...
ABSTRACT The vital instrument for the control of the organizational resources is the internal control which has internal audit as its instrument. This important father makes the researcher to choose “internal auditing as an instrument of effective management.” For this project, the institute of Management and Technology (IMT), Enugu has been used as a case study. The researcher made use of both primary and secondary data, structured questionnaires were the methods used for the collecti...
ABSTRACT In this study, the objectives of this research work is to ascertain the reason for assessing of evaluate the impact of internal audit function in state ministries and to find out the extent or scope to which government finance and properties are accounted for. The researcher’s motives or interest of carrying out this research work is to put right the poor efficiency and effectiveness of internal auditing function in the government offices or ministries in the state. Therefore, the...
ABSTRACT The research was poised in finding out whether accounting profession is a panacea in the recapitalization and thus ascertained equally how the knowledge of professional accountants bring positive impact in the recapitalization of Nigerian banks. One of the objectives of the study is examine the reasons for neglecting Accounting models and techniques in addressing bank financial issue/recapitalization. The population variable of 132 employees of selected banks and a sample size of...
BACKGROUND OF THE STUDY Corporations are facing increasing pressures to be accountable and transparent, and to disclose a wide variety of information about activities, including their sustainability. Sustainability is an emotionally-charged topic and its meaning may differ between individuals and corporations. For the purposes of this project, I define sustainability reporting as the communications which corporations make concerning their corporate social-responsibility (CSR) activities, in...
ABSTRACT Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology (ICT) has reduced the world to a global village. This has given rise to the continuous integration of the world economy and capital markets which has in turn given rise to increase in the interdependence of international financial markets. As a result of this, there is increased mobility of capital across boundaries of the globe...
The purpose of the study are as follows to determine how the development bank have helped to provide finance to small-scale industries as start up or working capital for the business. To determine how Nigeria banks help to procure machines and equipment for small-scale industries either through leasing or here purchase to encourage massive production. To determine how development bank has helped to provide technical and managerial expertise including undertaking of feasibility of consul...
ABSTRACT This research was carried out in order to investigate the factors affecting audit quality in Nigeria. The primary data were supplied by 430 respondents across several stakeholders in the fields of financial reporting and auditing. The secondary data were generated from the financial statements of forty annual reports of companies quoted on the Nigerian Stock Exchange. The test of hypotheses and other analysis of data were done using SPSS, version 17. The tests revealed that among oth...
ABSTRACT This study investigates the effects of ATM infrastructure on the success of e-payment. The study is motivated by the apparent low level of satisfaction with the level of the e-payment services irrespective of the increased deployment of ATM by banks and the need to isolate the critical factors responsible for this. In carrying out the study, banks that are on the interswitch network formed the population. The analysis is based principally on primary data collected from users of the A...
The business of banking is basically about efficient service delivery. Consequently, the introduction of facilities that enhance the delivery of banking services in a cost-effective manner is always a welcome development. This is what information technology (IT) is all about. As competition in the market place increase, and several modes of delivery for banking products and services,automated teller machine (ATM) has become an important issue, not only in retaining customers but also gaining ...
ABSTRACT An effective accounting information system is essential to any organization’s long run success. Without a means of monitoring the events that occur, there would be no way determine how well the organization is performing. The aim of this study is to check the effectiveness and efficiency of financial management in computerized environment; to ascertain whether computer has since its adoption enhance profitability and effectiveness in managing the banking and other financial sectors...
ABSTRACT This paper critically reviews the implications of Nigeria Personal Income Tax (Amendment) Act 2011 as they affect personal income tax administration in the hands of tax authorities as well as employers, employees and individuals as it relates to compliance issues of payment, collection, and remittance of personal income tax. This explorative study relied on the review of relevant literature on Personal Income Tax Administration in Nigeria and the reactions of stakeholders on the new ...
ABSTRACT The study examined the effects of Strategic Planning on Corporate Performance using Babcock University as the case study. It further probed into how this has impacted on the management efficiency and effectiveness as strategic planning is essential in corporate organisations. Primary and secondary data were used for the study. The study made use of questionnaire to elicit information from employees of Babcock University. Data collected were analysed using descriptive and inferential ...
The objective of this research work contains working capital management as a tool for minimization and profit maximization with particular reference to Anambra motor manufacturing company, Enugu. The research design used was the survey method and the sources of data were both primary and secondary. The primary sources were interviews granted to me while the secondary sources of data were obtained from related literatures viz text books, internet, journals by different authors. Primary sources...