ABSTRACT The direction towards on efficient production of good and services curled be as a result of an effective control of cost of production. The study of standard cresting as an aid is production cost control is very imperative especrahy in an economy with high rate of inflation and where prices of grads and service are constrarthy increase with no hope of reduction with the effect that th real value of mey in the consumer hand is lower than its face value. This being the case the cons...
INTRODUCTION 1.1General introduction and background of the study The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management policies in respect of cash and account receivable/pa...
1.1INTRODUCTION The idea of establishing indigenous development financial institutions was mooted after the establishment of the Central Bank of Nigeria (C.B.N) on first July, 1959 after the bank failure of the early 1950’s. During this time, it became obvious that there was an urgent need for financial institution capable of providing medium and long term capital to full up serious gaps in the financial system/ struction of the economy. As a result of this need arose to create special inst...
ABSTRACT The concept “source documents” is a familiar term with those involved in keeping accounting records or watch dogs of limited liability and public liability companies and organizations from time to item, most often on annual basis, the independent Auditors call to review the accounting records kept by their clients. This they do by studying and evaluating the internal control systems in the company. This approach makes it possible for lapses, discrepancies, deficiencies and bo...
ABSTRACT The study was done to ascertain the role which central bank of Nigeria played in the regulation of Nigeria economy through monetary policy. Among the goals of economic stabilization the most important is to achieve full employment, price stability, balance of payments and exchange rate stability, hence monetary policy through central bank of Nigeria. To solve the research problem, primary and secondary data were collected. The research instruments used in collection the data were q...
ABSTRACT The purpose of this research work is to describe the practical approach to an appraisal of pay-as-you-earn system of taxation with referee to Nssuka local government area. To guide this study, two hypotheses were formulated. A review of literature was down to ensure solid conclusion for the study. A structural questionnaire was developed and administered by the analysis adopted in this research work was chi-square, this method by researcher to ensure that result obtained were real an...
1.0INTROCUTION The practice of accounting came into existence many years ago though, there was no acceptable definite record as to when accounting developed. It should be noted that with the advent of colonial rule in Africa, the European system of accounting was introduced in most of the African countries such as Nigeria. Then, different kinds of people were employed to take care of farms and properties of the Whitman and after that, they have to account for their success so far to their...
INTRODUCTION As an instrument of government economic management monetary policy has to purse, the broad objectives of national economic policy. In Nigeria as with most countries the familiar long-term goals of economic policy are full employment, price level stability, economic development and equilibrium in the balance of payment unfortunately, most of these objectives fall short of being a useful instrument or evaluating the actions of any monetary authority (Teriba, 1977). An economy is ...
INTRODUCTION It is unquestionably true that the development of a nation’s industrial sector hinder greatly on the development of small-scale enterprises operating in that economy. This is because small-scale enterprises are significantly yielding the fruits of developing particularly employment, indigenous technological development, utilization of local resources and lower cost provision of inputs and services for large enterprises. Small scale industries are important not only because th...
ABSTRACT In recent times some of the public organizations in Nigeria have been faced with cases of financial crisis. Those of them that survived more in a snail pace. Obviously the causes of financial crisis in our public sector have been attributed to total negligence of the roles of accounting in our public organizations. This research work will look into the role of accounting in the control public expenditure in Nigeria. It will try to analyze the implications of applying the acco...
ABSTRACT This research investigation is focused on the “impact of cost control and cost reduction in manufacturing firms” using Nigeria breweries plc as the case study. Cost control and cost reduction are techniques in management accounting which are employed in the reduction and control of total production cost in a manufacturing firm. Examples of theses methods are economic order quantity (EOQ), variance analysis, budgeting etc. The primary objectives of any firm is to maximize its pr...
ABSTRACT 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, including social an...
ABSTRACT This research work on "Stock Management In The Hotel Industry" is intended to introduce the readers to the effective means of avoiding waste in their establishment and in order to avoid running under stock. An objective looks at stock management in the hotel, the activities involved in controlling stock, and roles of the stock keeper at both hotel and other firms. However, this work is arranged into five (5) chapters Chapter one (1) which is the introduction focuses on the background...
ABSTRACT Mergers and Acquisitions have long been used as strategies for continued growth and expansion of businesses as well as tools for reducing or totally eliminating competition. They are of different types and can be used by organizations to achieve a variety of objectives. A conglomerate merger for example can help an organization to enter a totally different product or service market and also grant it access to new technologies. There are a number of strategic reasons why companies may...
ABSTRACT The research project is on the problem of revenue generation strategy in Enugu State local government system. The main source of local government fund is the 20 percent 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 20 percent federal allocation ...