CHAPTER ONE INTRODUCTION 1.1 Background to the Study In most developing countries including Nigerian government participation in economic activity is usually significant. One of the ways through which government has intervened in Nigerian economy is through the establishment of public enterprises and statutory bodies operating service of an… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study A sound and competent banking sector is essential for a stable macroeconomic environment, therefore, the importance of commercial banks in a country cannot be overemphasized, because they occupy key positions in a country’s financial system and are essential agents that would lead to the… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Gilbert, (2011) indicated that businesses are run with shareholders’ capital, long term and short term borrowing whether it is a small or medium enterprise and its performance is mainly measured in terms of profitability. He further reports that business contains exchange of goods and services… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Nigeria as one of the developing countries in the world, the growth of Small and Medium Enterprises (SMEs) is very vital for the growth of the economy in general as SMEs account for over 70% of the total business activities in the country. SMEs in most developing countries are usually… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study A great number of organizations around the globe are currently utilizing Information and Communication Technology (ICT), not only for cutting costs and improving efficiency, but also for providing better customer services (Irefin, Abdul-Azeez & Tijani, 2012). Also governments all over the… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The concept of internal control is said to trace its history back to the beginning of the 20th century when audit on financial statements came into being, it has consistently evolved to what it is presently due to continuous change in the business environment (Heier, Dogan and Sayers, 2005). The… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The desire to uplift one’s society is the first desire of every patriotic citizen. Tax payment is the demonstration of such a desire. The payment of tax is a civic duty and an imposed contribution by government on their subjects and companies to enable her finance or run public utilities and… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Wants are numerous while resources are limited but there is every tendency to waste or under-utilise the limited resources by the human factor involved in the production of goods and services. With various companies competing with one another, only few that are able to produce at least possible… Continue Reading
CHAPTER ONE INTRODUCTION Background of the study Environmental reporting is an inclusive field of accounting. It provides reports for both internal use, generating environmental information to help make management decisions in pricing, controlling overhead and capital budgeting, external use, disclosing environmental information of interest to the… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The concept of corporate governance is one of the issues that have attracted the attention of researchers and organisation around the world. This is due to the fact that governance mechanisms involves a set of relationship among organisation’s management, its board, its shareholders and other… Continue Reading
CHAPTER 1: INTRODUCTION 1.1 Background to the Study In recent years, much attention has been paid to whether certain expenditures generate intangible assets, and how these expenditures should be accounted for in financial statements (see, for example, Lev, 2001; Hand & Lev, 2003). However, relatively little attention has been given to… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the study The last twenty years have seen a radical change in the private sector’s relationship both with the state and the civil society. Globalization, deregulation, privatization, and the withdrawing of line between state and market have changed the basis on which private enterprise is expected to… Continue Reading
INTRODUCTION 1.1 Background to the Study From time immemorial, there wasn’t any need for corporate governance due to the fact that business institutions were owned and managed by their sole owners. In recent times, the owners have employed professionals to manage and direct the affairs of their institutions in anticipation of giving account of… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the study The small and medium scale enterprises sector has been recognized worldwide for its role in economic advancement through various ways like; wealth generation, employment creation, and poverty reduction. Small and medium scale enterprises are a fundamental part of the economic fabric in most… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Financial literacy remains an interesting issue in both developed and developing economies, and has elicited much interest in the recent past with the rapid change in the finance landscape. Atkinson and Messy (2005) defined financial literacy as the combination of consumers’/investors’… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Internal controls are designed to provide reasonable assurance regarding the achievement of an organization’s objectives in terms of effectiveness and efficiency of operations, reliability of financial reporting, and compliance with applicable laws and regulations. It is generally believed… Continue Reading
CHAPTER ONE 1.0 INTRODUCTION 1.1 Background of the study Every organisation both profit and non-profit has its objectives and goals in mind to achieve (Chukwu, 2012). For a profit making organisation, the goal is to satisfy the expectation of the owners through the maximization of expected return on capital. The size and scope of Small and Medium… Continue Reading
CHAPTER ONE INTRODUCTION 1.1. Background to the Study Financial statements, apart from stating the financial position of an organization, provides other information such as value added, changes in equity, if any, and cash flows of the enterprise within a defined period time to which it relates (Iyoha and Faboyede, 2011). This information is useful… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the study Small and medium enterprise (SMEs) are considered backbone of economic growth in all countries (Rajesh, Surash and Deshmukh, 2008). Small and medium enterprises play an important role in Nigeria’s economic growth, as they constitute 97.2% of the companies in Nigeria (Ministry of Trade and… Continue Reading
OIL AND GAS ACCOUNTING: PRACTICE, CHALLENGES AND SOLUTIONS IN NIGERIA (A CASE STUDY OF SHELL NIGERIA PLC) 1.0 INTRODUCTION Accounting regulatory bodies usually formulate industry specific standards when an industry has peculiar characteristic of accounting for banks and non-bank financial institutions. The oil and gas industry is one of such… Continue Reading
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The web star dictionary defines fraud as “an intentional deception to cause a person to give up property or lawful right, which could also mean deceit, trickery or cheating. According to statement of internal audit standard No2… Continue Reading
THE ROLE OF ACCOUNTANT IN THE ECONOMIC DEVELOPMENT OF organization (A STUDY OF NIGERIAN BOTTLING COMPANY ONITSHA) ABSTRACT The main purpose of this project is to find out the Role of accountants in the economic development of Nigeria with particular reference to the Nigeria Bottling Company Onitsha. The Role of accountants in the management of… Continue Reading
(A CASE STUDY OF NIGERIA BREWERIES PLC) ABSTRACT The research work “The Impact of Financial Accounting Report on the Corporate Performance”, basically aims at how financial accounting reports has helped in advancing the objectives of corporate organizations. In the process,… Continue Reading
CHAPTER ONE 1.0 Introduction Strategy management can simply be defined as the effective control of available resources in an organization and the professional uses of accounting information for companies benefit in under to determine the managerial performance… Continue Reading
(A CASE STUDY OF ACCESS BANK PLC, KADUNA) CHAPTER ONE 1.0 INTRODUCTION 1.1 Background to the Study In a modern economic system, there is distinction between the surplus and deficit economic units and consequently a separation of the savings and investment… Continue Reading