ABSTRACT The purpose of the study is to examine the impact of historical cost convention adopted by banks, on investment and performance appraisal. It is also to find out whether financial reports are prepared to reflect inflation on the economy and finally to find out whether management’s financial ineptitude is usually disclosed to owners while presenting financial reports. The inductive research method will be adopted and the statistical analysts, particularly the chi-square and t-distri...
ABSTRACT This work examines the problems of computer Application in Accounting as it effects computerized ledger system of Nigerian Bottling Company Plc. Onitsha Plant. It is shown that there is adequate in design, effective and efficient in operation. Data was collected from primary and secondary sources, using observation, and questionnaires for the first and reference materials in the later. The data analyzed confirmed that no computer application elaborate, can on itself guarantee efficie...
ABSTRACT Every organization needs Budget for the effective running of its operations. Consequently, this research work was designed to scrutinize budgets and budgetary control system in operation at United Nigeria Insurance Company Plc (UNIC) as a stepping-stone for managerial planning and control. The review of related literature bears evidence of cuprous work on budgets and budgetary control in several other business operations. The benefit that accrues from this concept has not being f...
ABSTRACT Store administration information aid in manufacturing organisations and for that, no manufacturing organisations can ever survive without an effective store administration. More especially, the one under study, which is highest user of store. Decisions have to be made as to how to make use of the available resources in order to attain the corporate objectives through the use of store administration. These decisions may revolve around the application methods of the principles and tech...
ABSTRACT The impact of pubic expenditure in developing economy, a comparative study of Nigeria and Britain specifies a linear public expenditure functions. Public expenditure can be seen as the measures through which allocate efficiency or Pareto Optimality can be attained, it comes in the commanding heights of the economy and take all major decisions for allocation of scarce economic resources efficiently and effectively. The government through its activities of levying taxes, undertaking...
INTRODUCTION1.1BACKGROUND OF THE STUDY Investment according to Bierman et al (1975) is the commitment of funds in any real property financial assets with the primary objective of obtaining an income over time. It is a commitment of resources made in anticipation of realizing benefits that are anticipated to accrue to the investor over a reasonable long period in the future. By its very nature, an investment decision is essentially an irreversible commitment and it cannot be alter...
1.0INTRODUCTION Increase competition and more discerning consumers has meant that all types of organization including Emenite Company Limited are striving for greater productivity, whilst maintaining or enhancing quality. This applies to both services and manufacturing organizations. In manufacturing the greatest stimulus has been form Emenite Company Limited – Emenite have developed a total quality approach with the target of zero defects. This has been accompanied by lean production met...
ABSTRACT This research work was aimed at study “the effect of value added tax in Nigeria, which has poses a lot of question in the inquisitive mind of some people as to “why” and “how” of the introduction. The reason of this study is to replace the existing sales tax which was a nationally levied tax, and objective of (VAT) are. To make room for more saving and subsequent investment since it minimizes consumption. To limit Nigerian from total dependence or oil revenue To maintain e...
ABSTRACTS The nation of an audit for being a watch dog gradually changing for the better as internal auditing has undergone tremendous changes in the decent past. The actual functions of the auditor are often shoulder in secrecy major roles of internal auditing have been clear to majority of people in the society. In view of numerous corrupt practice frauds and embezzlements often be questional it is the realization of this that the researcher set out to look critically into internal audit an...
ABSTRACT This study is concerned with evaluation of the role of the Nigeria stock Exchange in capital formation and economic development. The Nigeria stock exchange being responsible for the mobilization of funds has being having divergent views over its impact by different quarters some has been praising stock exchange for its role in fund mobilization for capital formation, which invariably leads to economic development, while some has being criticizing it on its ineffectiveness. Result o...
ABSTRACT This work studied an existing investors and Nigeria Financial Market. In undertaking this research, three research objectives were pursued. Primary and Secondary Sources of data were used, the data collected were then presented, analyzed and interpreted by the use of tabular method of data presentation. The primary source contained direct account of event to phenomena such accounts are obtained from observation, interviews and questionnaire source at the various locations of the d...
ABSTRACT There is no doubt that Nigeria as a nation, since attaining independence to 1960 has tried out various economic policies in a bid to achieve meaningful economic development. Most of these policies, one must say, are centrally planned and government dominated. The resultant impact of this excessive government domination of the economy left much to be desired leading to massive divestment in the 1990’s by the government. This is done under the economic policy of “privatization and ...
ABSTRACT This topic that is being treated (The role of a statutory auditor in controlling fraud in government owned establishments) is very important to our present economic condition if people will blend with the results and findings of this research work. In the chapters of this project, it is clear that an auditor (statutory) is very important in all government establishments. This is because the Nigeria citizens see government properties as “Nobody’s property” the trend now is that...
ABSTRACT The Nigeria economy with the first half of the century experienced quite a lot business failure. Business failure can be defined as the inability of a particular business enterprise to continue to function as a ‘ going concern’’. This development has started generating anxiety by both international and local investors in arriving at investment decision. However, the task of identifying the root causes of corporate collapse is what this study seeks after. This study is carr...
INTRODUCTION A country must invest to build up productive capacity for growth to occur. It is this capacity that determines the level of output of goods and services in the economy. If investment which represents the net increase in an economy’s’ capital stock, leads to growth then there is relationship between capital accumulation and economic growth when sustain growth has occurred. It is expected that over time with appropriate policies that allow for more equitable distribution of inc...