The Impact of Accounting Profession and Accounting Practice on Nigeria Economy. (A Case Study of Kayode Olayemi & Co Chartered Accoutants)

TABLE OF CONTENTS

Certification

Dedication

Acknowledgement

Table of Content

Abstract

 

CHAPTER ONE

INTRODUCTION

1.0       Background of the study

1.1    Statement of the problem

1.2    Objective of the study

1.3    Scope of the study

1.4    Significant of the study

1.5    limitation of the study

1.6    Definition of terms

 

         CHAPTER TWO

REVIEW OF LITERATURE

2.0       Introduction

2.1    The Accountancy profession

2.1.1 Public Accounting

2.1.2 Private or industrial accounting

2.1.3 Accounting in the Non- profit making sector

2.2    Formations of professional bodies

2.3    Role of Accountants

2.4    Challenge for the professional Accountants

2.5    The Nigeria Economy Scene and the Accountant

2.6    The professional Accountants and Anti-corruption crusade

2.7    Accountancy profession and Economic Restructing.

 

CHAPTER THREE

RESEARCH METHODOLOGY

3.0       Introduction

3.1    Population

3.2    Source of Data Collected

3.3    Method of data analysis

3.4    Historical Background of the study.

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1    Presentation and analysis of data

4.2    Summary analysis of unstructured Questions.

 

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

5.0       Summary of findings

5.1    Conclusion

5.2    Recommendations

5.3    References.

PROPOSAL

         The accounting profession is the one that speaks the language of business by providing financial information needed to make economic decisions. It is that professional discipline that involves the systematic gatherings, classification, recording, analyzing, interpreting and transmission of financial information.

         A distinguishing hallmark of a profession is acceptance of its responsibility to the public it serves. Professional accountants have long been known for high integrity and objective as well as for their commitment to the public interest. Accounting bodies have been moulding the profession to a greater height.

         Accountant is the professional charged with the statutory responsibility of ensuring that proper books and records have been kept organizations. They are rested with the responsibility of expressing opinion as to whether the books and the records shows a true and fair view of the underlying financial transaction during the period under review. Throughout the world the participation, innovation and creativity of the accountant have contributed in no small measure to promote economic development.

         This project work is aimed at inquiring onto the accountancy profession and the impact in an economy using KAYODE OLAYEMI CHARTERED ACCOUNTANTS & CO as a case study. From the findings; it is obvious that professional accountants have been living up to expectations. While the right steps are being taken regarding challenges and economic management. The research has been able to clarify issues on the public perception of the accountancy profession and its relevance in Nigeria economy.