Over the years, countries of the world have defined and setthe standards of financial reporting in their individual territories. However,globalization has brought about ever increasing collaboration, internationaltrade and commerce among the countries of the world; hence, there is grave needfor increased uniformity in the standards guiding financial statements so thatsuch statement would remain comprehensible and convene the same information tousers across the world. The need for the developm...
ABSTRACTS Tax is an important stream of revenue for government’s development projects. The importance of tax systems as a major revenue source in a country is undeniable, these statistics have evidenced that tax revenues are one of main income source for many governments throughout the world but to maximize tax collection and minimize tax evasion among taxpayers is difficult to achieve in practice. However, tax compliance among SMEs is poor. In the framework of this study, an attempt to id...
ABSTRACT Theopening of the accounting to the actuarial calculation is a normal consequenceof its evolving spirit. At the origin of the international accounting standardslies the framework for preparing, presenting and disclosing the financialstatements. The framework stays as a reference matrix, as a standard ofstandards, as a constitution of financial accounting. According to theinternational framework, the financial statements use different evaluationbases: the historical cost, the curre...
CHAPTER ONEINTRODUCTION1.1.BACKGROUND TO THE STUDY Taxation is a compulsory levy imposed by the Government on the incomes of taxpayers in a geographical territory in order to defray the expenses of governance. This implies that anybody that generates income must compulsorily pay taxes. There are different types of taxation. These include the personal income tax, company’s income tax, and petroleum profit tax, value added tax and the capital gains tax. Recently, the issue of capital gains t...
CHAPTER ONEINTRODUCTION1.1. BACKGROUND TO THE STUDY1.2. STATEMENT OF PROBLEM1.3. OBJECTIVES OF THE STUDY1.5. STATEMENT OF HYPOTHESIS1.6. SIGNIFICANCE OF THE STUDY1.7. SCOPE OF THE STUDY1.8. LIMITATION OF THE STUDY1.9. DEFINITION OF TERMSCHAPTER TWO LITERATURE REVIEWCONCEPTUAL FRAMEWORKCONCEPT OF ACCOUNTINGCHAPTER THREERESEARCH METHODOLOGY3.0.INTRODUCTION 3.2 RESEARCH DESIGN3.3 METHOD OF DATA COLLECTION 3.4. POPULATION OF THE STUDY 3.5. DETERMINATION OF SAMPLE SIZE 3.6. PROBLEMS ENCOUNTE...
ABSTRACT The continuing influence and impact which personal and professional ethics exerts upon individuals, organizations and society, and the factors which influence organizational ethics, has been thrust into the headlines of the American populous. The ethical issues faced daily by organizations and their employees are neither always straightforward nor easy to resolve. Results of unethical behaviour by accounting/audit professionals, and the impact of ethics upon organizations, is a topi...
CHAPTER ONE 1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY 1.2DEFINITION OF INFORMATION TECHNOLGY 1.3FUNTIONS OF INFORMATION TECHNOLOGY TO THE VERBATIM REPORTERS 1.4DEFINITION OF COMPUTER 1.5IMPORTANCE OF COMPUTER TO VERBATIM REPORTERS 1.6STATEMENT OF THE PROBLEM 1.7OBJECTIVES OF THE STUDY 1.8 SIGNIFICANCE OF THE STUDY 1.9 RESEARCH QUESTIONS/HYPOTHESIS 1.10 SCOPE OF THE STUDY 1.11 LIMITATION OF THE STUDY 1.12 DEFINITION OF TERMS CHAPTER TWO 2.0 LITERATURE REVIEW 2.1DEFIN...
ABSTRACT The determination of the overall growth of most cost depends on how efficient and effective the method of financial reporting is, and in the Nigeria case there are still lots of problems, challenges that have hindered the Nigerian financial reporting standard from attaining international status and these pose a greater challenge to implementation of fair value accounting in Nigerian financial system. Fair value accounting was a term applied widely in the 1980’s within the context o...
ABSTRACTThis research study provides empirical evidence on the determinants of tax compliance of SMEs. Using the survey research design, questionnaires were distributed to 100 firms cutting several sectors of the economy. Responses from 92 respondents from the management cadre of the firms were analysed with simple percentage analysis, correlation and multiple regression analysis using the Statistical Package for the Social Sciences 20.0. Preliminary analysis with simple percentage analysis c...
ABSTRACT This research study attempts to evaluate management audit and its effects on organization’s efficiency. The aim of the study is to ascertain and to find out whether management audit helps in achieving organizational efficiency. Secondly, it is to know how relevant management audit effects organization performance. Lastly, if management audit enhance to a greater. Extent in the organizational effectiveness and efficiency. Questionnaire were administered to various staff of the comp...
INTRODUCTION Taxation can be variously defined. Fundamentally, however, it is of course a compulsory levy on income since the decision to pay tax is not that of the taxpayers. According to Amaechina (1998:9), taxation has been defined as "a levy which a government imposed on the income of the citizens or corporation in a state for which the government make no direct benefit to the taxpayer"; or.”a non-punitive but yet a compulsory levy by government on the properties and income of individua...
ABSTRACT This project work is undertaken with a view of finding out the appraisal of inventory management and control in the manufacturing industries. (A case study of kip beverages Nigerian limited ogidi). The study was necessitated by the apparent poor performance and the resulted large operating losses of most of our industries which retard their growth. There are a lot of public concerns on such issues as inventors show unwillingness their money on the industries. The purpose of these st...
ABSTRACT Accounting information provided by means of financial statements- The income statement and the Balance Sheet are often in summarized form. Viewed on the surface, the truths about the results and the financial position of a business hidden in them remain veiled. To be of optimal benefit and as well enable the users make well – informed decisions, financial statements need to be analyzed by means of ratios. Therefore, in order to establish the role of ratio analysis in busines...
ABSTRACT This research work on “Evaluation of inventory management as a tool for effective organization productivity” is aimed at discovering and maintains the optimum level of investment in all types of inventories from raw materials and supplies to finished goods. The source of data for this work is the primary and secondary sources. The primary sources are made up of interview, questionnaire and personal observation, while secondary source include the text books, journals and magaz...
INTRODUCTION The notion of the auditor being bound or a watchdog is gradually changing for the better as internal auditing has undergone tremendous changes in recent past. The actual functions of the auditor is often surrounded in secrecy or held in some kind of awe. Major notes of internal auditing have not been clear to the majority of people in the society. In view of numerous corrupt practice, frauds and embezzlement often uncovered by probe tool has often been questioned. It is the real...