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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Raising and utilizing funds efficiently and effectively has been a major source of concern to all financial managers both in the corporate world and Public Sector all over the world. The prime…
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Auditor’s independence is seen as the back bone of the auditor’s profession. It is an important part of the statutory financial reporting process and a necessary condition for adding value to all…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY There has been a growing concern on the decline of the output of the manufacturing sector in Nigeria in recent times, despite the fact that the government embarked on several strategies aimed…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Oxford mini-dictionary explains that capital is “accumulated wealth” or “money with which a business is started’ in banking, capital has these two meanings. At the out-set, capital in the form of…
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The Central Bank of Nigeria (CBN) has in recent times engaged in series of reforms aimed at both making the Nigerian financial system formidable and enhancing the overall economic performance of Nigeria…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategic planning is defined as unified, comprehensive and integrated plan design to ensure that the basic objectives of an enterprises is achieved, it also known as long-term planning simply defined as the…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Finance is the sinews of wars for all functional organizations in any economic. It is a critical prerequisite which enables an enterprise, public or private to maintain itself and effectively meet its…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY A financial institution can be defined as any institution which portfolios of assets consist largely of claims rather than inventory, plant and equipment. Financial institution serves as intermediaries in the financial markets.…
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The basic purpose of accounting standards is to facilitate the provision of financial information about entities to enable investors, analysts, creditors and the entities themselves to make informed decisions about the allocation…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The impact of financial reporting on the corporate performance of a business organization is becoming more apparent to user groups of financial statement. Accounting is a not an exact science neither are business…
EVALUATION OF EFFECTIVE FINANCIAL MANAGEMENT IN A COMPUTERIZED ACCOUNTING SYSTEM ABSTRACT The primary aim of this study is to check the effectiveness and efficiency of financial control in computerized environment i.e. First Bank of Nigeria Plc to ascertain whether computer…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY It is feared that the inability of management to ensure effective enforcement to rules and regulation have rendered the operation of internal control system in the Banking industry open to abuse. The…
ABSTRACT This project work is aimed at highlighting the financial control in banking industry as a tool of evaluating the performance of union bank Nigerian Plc for investment decisions. The chapter one is the introduction will also explain the meaning…
ABSTRACT Accounting information system in a transport organization has been a great problem to the third world countries in general, which Nigeria as a country has its own share. This research work, “Accounting information system in a transport organization, suggests…
ABSTRACT Corporate organizations owe a duty to fully disclose matters concerning their operations so as to aid investors in making investment decisions because Investment decision makers rely on information obtained from financial statements to predict future rates of return. Without…
ABSTRACT This research work was conducted on with special reference to the impact inventory valuation methods has on financial report statements of manufacturing companies. For a longtime now the Accounting profession has not been able to come up with any…
INVESTORS RELIANCE ON FINANCIAL STATEMENTS: A CASE STUDY OF UNION BANK 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…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Over the years, one major aim of most organizations in Ghana is to improve on their financial performances through effective and efficient accounting and finance practices. Financial performance of every organization in…
ABSTRACT The principal aim of this research work is to show financial statement analysis and the degree investors can rely on financial statement and also to show how to analyze and interpret financial statement to intend users. Questionnaires were administered…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In order to improve the usage of financial information in the context of the decision making process, we need to analyze financial statements. In that context, we can describe financial statement analysis…