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CHAPTER ONE 1.0 INTRODUCTION The Financial Function has always been important in business management. Irrespective of differences in structure, ownership and size, the Financial Organisation of the enterprise ought to be capable of ensuring that the various finance functions:…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study In any organization where the business is not flourishing and there are indications of failure, one of the options available to the owner is to re-organize the business so as to close the…
CHAPTER ONE 1.0 INTRODUCTION Accounting is the recording, classifying and interpreting financial data relating to a particular organization or person. (Aspinall, 1990). Accounting has one or more of the following objects. The maintenance of a classified records d cash debtors and other…
CHAPTER ONE INTRODUCTION 1.1 Background to the study Like little drops of water that forms a mighty ocean, the littleness of small scale businesses from the cradle has been the bedrock of industrialization in developing countries of the world. Globally, small…
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Corporate Financial organizations are setup with the principal objective of creating wealth for their shareholders. Corporate Financial organizations are increasingly becoming more complex (and in many cases global) thereby engendering the need for…
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Accountability as seen by Iwumunne (1982:56) is the goal of any business entity. A mismanaged form is a failure. The main aim of business is profit maximization. This cannot be achieved if financial…
ABSTRACT The study was carried out to analyse how organizations and other stakeholders can make use of accounting ratios to critically analyse financial statements to evaluate organizational performance using Union bank as case study. Union Bank of Nigeria Plc. The…
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY This study sets out to examine whether the impact of International Financial Reporting Standards (IFRS) in Nigeria has improved the quality of financial reporting in First Bank of Nigeria Plc. Nigeria adopted IFRS,…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Financial reporting is principally concerned with the communication of financial Information relating directly or indirectly or indirectly to an enterprises resource, Obligations, earnings etc. The principal reporting medium is normally financial statement financial…
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Business Enterprises (SMEs) are seen as a driving force for the promotion of an economy (Khan and Jawaid, 2004) and they contribute immensely to the economic development of any country. According to…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Managers take various decisions as part of their routine arrangements. They are anticipated to decide many issues containing those apprehensive with firm‘s strategy, configurations, development systems, performance evaluation procedures and workflow, among…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The idea of establishing financing institutions was mooted soon after the establishment of the central bank of Nigeria on first July, 1959 after the bank failures of the early 1950’s. At this stage,…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY According to America Accounting Association, Accounting is the process of identifying, measuring, and communicating economic information to permit informed judgment and decisions by users of information. From this definition, it can be…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Financial management involves all activities of a financial manager concerned with arising of capital, planning cash and credit requirement including the effective control of financial resource. The activities could be segregated as…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The International financial reporting standards (IFRS) also postulated the information to be disclosed in financial reports. The aim of publication of financial report by management is to provide information to stakeholders for…
ABSTRACT Over the years, there have being a problem of incorrect and unreliable financial record which has lead to loss of organizational integrity. The research work aimed among others at determining the relationship between internal measures to proper accounting records.…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY There has been no single accepted definition of the term “fraud”. Fraud in whatever form is limitless on classification, this is why courts and writers on fraud try to escape away from giving a…
ABSTRACT This project is poised to x-ray the degree of “the role of financial management in a corporate organization”.The main aim of every business is profit maximization. Care must therefore be taken to ensure that available finance for a business is…
ABSTRACT This research work emphasized on the issue of An Evaluation of the performances of Economic and Financial Crimes Commission (EFCC) in the Nigerian economy. The unprecedented spate of Economic and Financial Crimes reached to the level when it became…
ABSTRACT The impact of a Good Audit committee on the financial management of an organization can not be over emphasized. This is because internal control is the bedrock of any organization that wants continuity in the existence of the organization.…