INTRODUCTION 1.1GENERAL MEANING OF PUBLIC ACCOUNTINGIn the public sector organization exhibit a variety of social economic, political and legal characteristics. They have different pattern of accountability. They have different objectives and are financial in many ways. They also have different organizational structure.Generally, public accounting may be defined as a composite activity of collecting, analyzing, recording, summarizing and interpretation of the financial transactions of the g...
1.1INTRODUCTION Background to the study:Accounting is the systematic complication of financial information for use in making economic decision. It is the mechanism and body of of principles through which business activities that are capable of being expressed in terms of money are recorded, classified and periodically summarized and interpreted. Lexicon Universal encyclopedia (1980 edition). Accountants interprets financial information by explaining it’s meaning, uses and limitations. Accor...
1.1INTRODUCTION The role of an auditor are impressed by the layman is that of an auditor being in quest of errors, theft, defalcation and fraud. But the impression of various accounting society on the role of auditor cuts across this limit of layman view. Accountant see the purpose of audit by an auditor beyond the layman view to include the inquiry of the truth and fairness of the entity affairs as represented in their records, whether they have prepared it in accordance with the general a...
INTRODUCTION Since creation, there has been quest by man to improve on the quality of his life style and existence. This ever-increasing quest has been necessitated and propelled by the need to address the changes posed by the environment. Born out of this need, a number of inventions have been made in virtually to the field of disseminating information in accounting. The term paper is designed to examine various aspects of our lives and the society at large has been affected by the advert of...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Financial control and accountability as the name implies means the proper management and control of financial aspects, the efficiency effective and management of finance of the organisation. The finance control and management law 1968 is designed for control and management for the public financial and maters connected there with and it stipulates under section 33 that the accountant general shall under to the auditor general accounts showing the finan...
ABSTRACT This research work was embarked to aid you to study the effectiveness of monetary policy in controlling inflation in Nigeria. The need to the study was informed by the tend inflationary growth over the years and also the impact of the inflation in achievement of the four basic economic growth, price, stability, high level of employment and low inflationary rate for favourable balance of payment. Many research works have been carried out on this issue previously but despite all the go...
ABSTRACT We are in the jet age. Nigeria cannot do without computers. A world that is ever increasing and raised with the quest to improve - one quality of its environment. The aim of this study was to enable auditors to adapt to the computer environment. The chapters run from one to three and justice has been done to this topic. TABLE OF CONTENT TITLE PAGEII APPROVAL PAGEIII DEDICATIONIV ACKNOWLEDGEMENTV ABSTRACTVI TABLE OF CONTENTVIII CHAPTER ONE 1.1BACKGROUND OF THE STUDY1 1.2STATEME...
ABSTRACT This work is designed to assess the Nature of capital market, its significance, mode of operation, its contributory functions in general and narrowly in Nigeria contact. The problems associated with the development of capital market in developing countries using Nigeria as an example. TABLE OF CONTENTS TITLE PAGEII APPROVAL PAGEIII DEDICATIONIV ACKNOWLEDGEMENTV ABSTRACT CONTENTSVI CHAPTER ONE 1.1INTRODUCTION1 1.2STATEMENT OF PROBLEM2 1.3OBJECTIVES OF STUDY3 1.4SIGNIFICANCE OF S...
ABSTRACT Auditors have a role to play in the economic development of Nigeria, but this is not achieved because of the problems are uncompromising attitude on the part of their client’s staff, conflict during report writing, absence of accounting manuals in the organisations, the ambiguous nature of the Nigeria companies, decree and other acts. The project investigates the causes and solutions to the problems. Form the findings, the true position is that, the problems of auditors range fro...
ABSTRACT This research work is on attempt to analyze the ROLE OF BUDGET IN BANKING MANAGEMENT. In conducting this research I went to united bank for Africa Enugu branch and some libraries to get some relevant materials for this research work consists of study based on selection of different secondary data. It also emphasis on ND 1 just the role of budget in banking management but also the way of implementing budgeting and process. Based on the research work, the following findings were made. ...
1.1BACKGROUND OF THE STUDY It has been said that the traditional role of financial account was to give account of the stewardship to the owner of business who was divorced from management of business. There is always the tendency for the owners to debt the content of the report presented to them. They fear that the report may contain errors, conceal fraud, deliberately misleading or lack in the information content. To solve this problem of credibility in reports and accounts there is always t...
INTRODUCTION 1.1BACKGROUND OF STUDY Investment proposals and decisions by business entities and individuals could evolve due to certain reasons. These include decisions concerning the following; (a)New products or expansion of existing product (b)Replacement of equipments or building ©Exploration and others These decision involve huge capital expenditure on capital investments. Therefore, for any of them to be meaningful there must be decisions on the sources of such huge capital fund In...
ABSTRACT Community banks were established in Nigeria to help remedy the rural development problem that has been facing Nigeria since after World War II. The fundamental concepts of a community bank is of a self sustaining financial institution, owned and managed by community or a group of communities for the purpose of providing credit deposit, banking and other financial services to its members. The objectives of the research work therefore covered the pace of providing financial and banking...
ABSTRACT Paper examines various theoretical views about the role Nigeria capital market can play in the economy with a view to showing that the effective development of the market holds sway for the successful economic and emancipation of Nigerian in the emerging 21st century special emphasis has been place on the of Nigerian capital market in the economic development of Nigerian acting to provide a means of raising finance to assist companies to expand and modernize, providing a means of all...
ABSTRACT Today in the public sectors, staffs have decided in involving themselves in fraud, misappropriation of fund mismanagement of assets entrusted on them, and abuse of their profiles for their different personal interests. But, auditing has become a tool for ensuring good accountability. Through auditing, the account of individuals, partnership, co-operative and public sectors can at any time be examined by an auditor which enables him to express his opinion of true and fair view, by t...