ABSTRACT Nigeria in time past, up till the present time has been experiencing a general increase in the price of goods and services. The populace has been suffering from inflation syndrome which has rendered the purchasing power of the Nigerian naira (money) worthless, and has subjugated the people to untold hardship. Inflation, which is no new phenomenon to the Nigerian economy, has increased drastically in the 1990s. This calls for immediate government attention to map out measures that wil...
ABSTRACT Audit of final account are been concerned through verification, existence and valuation by auditor which should therefore be capable of enabling the auditors to form an opinion on the financial statements as to the extent of their dependability and reliability. The researcher view show the profit and loss for the period, with adjustments for non-cash items such as depreciation and the following sources and application where material-dividends paid, acquisitions and disposal of non-cu...
ABSTRACT Bank distress is a phenomenon, which involves poor liquidity, poor earning and gross inability to meet payment and maturity, obligation of deposits. The phenomenon surfaced in the Nigerian Banking System in 1930, resumed in the fifties and nineties and in recent times has resurfaced. (CBN. 1968. Anyahuru 2001). This study was carried out in order to identify the causes of repeated bank distress and its effects on the Nigerian economy and to identify ways of preventing future occurren...
ABSTRACT Corporate divided decision taking is usually done within several limiting factors. These limitations may be in form of company profitability and liquidity, shareholder preferences, government regulations, investment opportunities and debt contracts among many others. The extent to which these factors are effectively handled determiners the nature of the impact of the decision taken. It is against this background that this research has appraised certain aspects of the effect of divide...
ABSTRACT The type of audit primarily concerned with throughout this project work is an examination of a company’s financial statements by a firm of independent public accountants. The audit consists of a searching investigation of the accounting records and other evidence supporting those financial statements. Through the study and evaluation of the company’s system of internal control, and by inspection of document, observation of assets, making of inquiries within and outside the compan...
INTRODUCTION 1.1Background of the study In recent times, many Nigerians are living witnesses to the spate of failures, fraud and distress in the banking industry. On the other hand, it is not far from the truth to staff that some banks in the country have been able to forge ahead and keep their head above waters inspite of the economic predicament planging the nation. Studies have shown that the success ad failures of most modern business organisation (especially in Nigeria) hinges on the a...
INTRODUCTION It is already stated that money is a common demonstration in which the rate, relation value of good and services can be expressed. Throughout history any community which form itself unto a nation for the purpose of self government immediately introduces its own distinction out of account- monetary out of account (legal Tender) In the works of Endel (2000:277) “ In the international real no legal tender exist : values must be measure, accounts kept and payments made by conve...
INTRODUCTION. People work generally in order to make moneys food their families and enjoy better condition of live. Hence, if the perform very well, they will make more than they earn before especially when they have skills and energy to do so. Motivation implies incentives and inducements which will make a worker feel more committed to duty and also motivations and employee performance are vital tools to achieve organizational goals and objectives Motivation can be defines as a w...
ABSTRACT The pursuit of an objective is the characteristic of every organization and objective exists in different forms. Every public organization has the objective of maximizing services to the public. As well as in other state establishments provision of up, other objective like revenue generation and so on are secondary. But as no establishment can carry out its objectives successfully with out finding and for this fundamental objectives to be realized, state establishment must apply pr...
HISTORICAL DEVELOPMENT Before the advent of our colonial masters, there were already traces of taxation in existence, for instance in the Northern apart of Nigeria due to the Mohammedanism spirit people were made to contribute towards charity, which was the foundation of taxation there. But before independence there were axes levied e.g. zakka ( agricultural products), Kurdin, Janghali etc. in other parts of the country that is the Yoruba and the Ibo’s there was a axes developed system of...
ABSTRACT This study was bone out of mirage of problems usually associated with policy implementation in Nigeria especially on taxation. In recent times, value Added Tax is the most outstanding fiscal policy in Nigeria economic Policy. Bearing in mind the consumption pattern the necessary imposition of tax on luxury goods and of course luxury goods is a matter of choice and taste. This study look at impact of VAT on luxury goods as it affects, revenue collection, consumption pattern, and price...
ABSTRACT The study is on the Role of Nigerian Stock Exchange in the Development of Nigerian Economy. The researcher in order to accomplish this wants to ascertain how the Nigerian Stock Exchange has tribute to the development of the Nigerian Economy. The Nigerian Stock Exchange functions as an Institution for sourcing capital development through the issue of public debt instruments. It also acts as the control meeting place for members to buy and sell existing stock and shares and for grantin...
INTRODUCTION Significant progress has been made during the past years but more intensely during the last five years towards the significations of the Nigerian financial sector through the implementation of distress resolution options. The Nigerian financial systems comprise the financial institutions rules and regulations instruments, and markets for effective intermediation. The financial institution unit of the systems comprises two major categories of institutions in the Deposit taking t...
ABSTRACT This paper is on the role of banks in the development of entrepreneurship. It is aimed at dealing with the problems encountered by entrepreneurs in acquiring loans for their business, and also the role banks play in the development of entrepreneurship in Nigeria. It seeks to look at the problems of getting the loans and also that of the banks contributions to the average Nigerian small-scale enterprises. A detailed research methodological approach, which involved, the review of ...
ABSTRACT The study examined advertising as a tool for increasing sales in an organization (A case study of John Holt Ventures Ltd). The research was earned out to ascertain the extent of advertising as a tool for increasing sales. In order to solve the research problem, four hypothesis were formulated. The population studied in this research comprised of customer, distributes and relevant management staff of John Holt Ltd and their were 369 using Topman’s formular, 196 using Bourley�...