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...
ABSTRACT Tax policy administration and implementation have been a great problem to the third world countries, which Nigeria is one. This research work, “income tax administration in Abia State, a critical evaluation of the problems and prospects. Thereafter, suggests ways of minimizing the effects of the following problems. Avoidance and evasion of tax, waiting the taxpayers, initial tax payer compliance, resolution of controversies between tax payer and tax officials and collecting o...
ABSTRACT The purpose of this work is to use accounting information in analyzing the financial position of a firm. The work w as written after a careful research and review of accounting information. The uses and users and its application in analyzing the financial position of a firm taking chemical and allied product (APPCC) as a case study. The researcher was inspired by the preponderance of business failure in the preponderance of business failure in the economy, most of these have been due...
INTRODUCTION 1.1BACKGROUND OF THE STUDYThe need for effective internal control measures as tools for transparency, probity and accountability in the management of public resources cannot be over emphasized. This starts from the fact that right from the creation of the world, means in-seniority cannot be compromised. As a result of that, there is need to make rules or laws guiding financial management or internal control for proper discharge of responsibilities.Thus, internal rules and regulat...
1.0INTRODUCTION 1.1BACKGROUND OF THE STUDY The practices of auditing originated from the necessity to impose some system of check upon persons whose business involves to record the receipt and disbursement of money on behalf of theirs. However, due to the crudeness of accounting methods in the early stages of civilization individuals checked accounts for themselves. The impetus given to trade and commerce in the 15th century by the Renanssance resulted to the discovery of a more scientific...
ABSTRACT The increasing of fraud and misappropriation of public fraud and property by the public service servant posses a question as to whether auditing plays any significant role towards ensuring proper accountability in the public service. The focus of the research is to evaluate the extent Auditing helps to check or control embezzlement and misappropriation of public fraud in the public service also discussed were the problems rendering efficient performance of the Audit Department. A gen...
ABSTRACT With the unprecedented display of interest in the banking business in the wake of structural adjustment programme, the fear of imminent bank failures as a result of anticipated down turn in the fortunes of banks has remained lightened. This down turn in fortunes of mainly attribute able to one factor that has always assured greatest currency in discussions of problems of banking in Nigeria, that is loan losses. While the loan loss issue remains unassailable, the argument in most ...
INTRODUCTIONS 1.1BACKGROUND OF THE STUDYBy studying the internal controls an organizations strength and weakness can be revealed where internal controls are strong auditors would require testing the financial figures less. Adequate internal control will provide for extensive segregation of duties so that no one person handles a transaction from start to finish. The auditor will need to evaluate the effectiveness of the internal control mechanisms to determine the extent of the audit in any ...
ABSTRACT The topic of this project is the impact of Accounting information in management decision making with particular Reference University of Nigeria Teaching hospital Enugu. Accounting covers those activities related to preparation of certain informations/reports which are known as financial status of a firm at a particular time, the firms actives and resulting profits or losses during the period and the same period. Information is considered a very vital tool in any decision situation. M...
ABSTRACT For the enhancement of development process it will be essential to establish effective tools fro mobilization and allocation of financial resources. The establishment of money and capital market in Nigeria is to assist in the transfer of funds from the excess units (savers) to the deficit units (investors). The decision to introduce money and capital market is born out of the reliance on money as medium of exchange in the modern economy and the implicit fait which is accorded to ...