THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY

(A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA OR $10 , 

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANKER SECURITY GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 2 HOURS

How to transfer from your bank account to All  Nigeriabanks

1. Access Bank:
—-*901#

2. EcoBank:
—-*326#

3. Fidelity Bank:
—-*770#

4. FCMB:
—-*389*214#

5. First Bank
—-*894#

6. GTB:
—-*737#

7. Heritage Bank:
—-*322*030#

8. Keystone Bank:
—-*322*082#

9. Sky Bank:
—-*389*076*1#

10. Stanbic IBTC:
—-*909#

11. Sterling Bank:
—-*822#

12. UBA:
—-*389*033*1#

13. Unity Bank:
—-*322*215#

14. Zenith Bank:
—-*966#

15. Diamond Bank
—-*710*555#

To know your BVN, dial
—-*565*0#.

E.g for First bank…   *894 *Amount *Acct. No. #

Please dail d code from d number u used to register d account from the bank

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

Click here to download our android mobile app to your phone  for more materials and others

ABSTRACT

The study was done to ascertain the role which central bank of Nigeria played in the regulation of Nigeria economy through monetary policy.

Among the goals of economic stabilization the most important is to achieve full employment, price stability, balance of payments and exchange rate stability, hence monetary policy through central bank of Nigeria.

To solve the research problem, primary and secondary data were collected.  The research instruments used in collection the data were questionnaires and oral interview.  The respondents comprised of the top business executives both private and public servants.

In organizing and presenting data collected, tables and percentages were used questionnaires.

Data analysis and interpretation gave the following findings:

1. Most respondents were of the opinion that corruption and political instability hinders economic growth of Nigeria.
2. Respondents showed that central bank is not doing enough in the regulation of Nigeria economy.
3. 76 respondents maintained that the economy of the country is in a state of near collapse.

 

TABLE OF CONTENTS

CHAPTER ONE

1.0     Introduction                                                                                 1

• Background of the study 1
• Statement of problem 4
• The purpose of the study 5
• Scope of the study 5
• Research questions 6
• Significance of the study 6
• Definition of terms 7

CHAPTER TWO

2.0     Literature review                                                                          9

• Meaning of bank                     9
• Brief history and meaning of CBN 11
• Objectives and functions of CBN 16
• The role of central bank in economic development 22
• Regulatory monetary policy of CBN 26
• The problems of Nigeria economy 34

 

CHAPTER THREE

3.0     Methodology                                                                               40

• Research design 40
• Area for the study 40
• Population for the study 41
• Sample and sampling procedure 41
• Instrument for data collection 42
• Validity of the instrument 42
• Reliability of the instrument 43
• Method of data administration of the instrument 43
• Method of data analysis 44

CHAPTER FOUR

• Presentation and analysis of data 45

 

CHAPTER FIVE

5.0     Summary of findings, recommendations and conclusion            53

• Summary of findings 53
• Conclusion 54
• Recommendation 56
• Limitations of the study 57

Reference                                                                                               59

Appendix                                                                                               61

CHAPTER ONE

INTRODUCTION

1.1     BACKGROUND OF THE STUDY

The development of central banking can be said to date from the middle of the 19^th century.  But precisely there is no exact data when banking started in Nigeria.   Historically, records showed that domestic banking activities started in 1961, when a shipping company Elder Dempter Lines started banking services in Lagos the chairman of the company in 1392 established the first banking institution called African Banking Corporation, which metamorphosed, into First Bank of Nigeria. In 1917, Barchays banks now known as Union Bank of Nigeria Plc was established.

Before 1952, the West African Currency Board (WACB) established I 1912 was used as the state banks for Anglo-phone West African Countries, such as Nigeria, Serra-Leone. Ghana and Gambina.  The West African Currency Board (WACB) was based in London and it issued notes and coins for the Anglo-phone West African countries.

The banking failure of the 1950’s could not but lead to the establishment of Central Bank to serve as banker to the banking system, to perform supervisory role over the commercial banks and issue currency notes and coins thus, regulating the supply of money in Nigeria.  Not only these, it acts as financial adviser to the government on monetary policy and implementing the policy on behalf of the government.

The central bank of Nigeria is government bank, established to keep a country’s financial system under control and close supervision.  The responsibility of managing the central bank of Nigeria is vested in the hand of the board of directors whose members are appointed by the government.

The central bank of Nigeria is expected particularly in promoting economy growth by fostering the development of money and capital market; develop banking habits and sound financial system.  In order to facilitate economy development, central bank of Nigeria tends to engage in activities, which extend beyond its traditional functions.  In this regard, it played a unique role in the development of Nigeria economy, particularly in promotion agricultural and industrial development in general.

Central Bank of Nigeria was established to act as the organ of government that should undertake the major financial operations of the government and by its conduct influence the behaviour of financial institutions so as to support the economic policy of the government.  It follows therefore that the central banks of Nigeria must in some sense be a part of the government machinery with its action clearly co-ordinated with those of other executive branch of government.

Argument has been advanced for the complete independence of the central bank of Nigeria; so far this has not been achieved as there is no country where the central bank is completely free from government intervention.

There is no gainsaying in the fact that the role played by the central banks of Nigeria is establishing Nigerian economy through monetary policy is an enormous one.

Since it inception in 1958, it has engaged in one stabilizing role or the other, that is direct or indirect monetary policy.

 

 

1.2     STATEMENT OF PROBLEMS

The wind of change economically which is more pronounced in the development countries, especially Nigeria.  In attainment stability in the economy of Nigeria the central bank of Nigeria is faced with many problems.

These problems include:

• In Nigeria, the banking habit is still not widespread.
• Our money market and capital market are not well developed.
• The failure of central bank in putting the non-bank financial intermediaries under it.

Politi

THE OBJECTIVES OF FINANCIAL STATEMENTS AND THERE USEFULNESS TO THE GENERAL USER GROUPS

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA OR $10 , 

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANKER SECURITY GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 2 HOURS

How to transfer from your bank account to All  Nigeriabanks

1. Access Bank:
—-*901#

2. EcoBank:
—-*326#

3. Fidelity Bank:
—-*770#

4. FCMB:
—-*389*214#

5. First Bank
—-*894#

6. GTB:
—-*737#

7. Heritage Bank:
—-*322*030#

8. Keystone Bank:
—-*322*082#

9. Sky Bank:
—-*389*076*1#

10. Stanbic IBTC:
—-*909#

11. Sterling Bank:
—-*822#

12. UBA:
—-*389*033*1#

13. Unity Bank:
—-*322*215#

14. Zenith Bank:
—-*966#

15. Diamond Bank
—-*710*555#

To know your BVN, dial
—-*565*0#.

E.g for First bank…   *894 *Amount *Acct. No. #

Please dail d code from d number u used to register d account from the bank

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

Click here to download our android mobile app to your phone  for more materials and others

 

ABSTRACT

There is a global confusion and misconception in identifying the objectives of financial statement and their usefulness to the general user groups in an office.  Some accountant appear not to be aware of the objectives of financial statement in the execution of their accounting duties.

Many bodies and individuals like “R. J. Chambers, David Alexander and the National Association of Accountants” had accentuated on the objectives of financial statements in an organization long before I intended to carry out a survey of my own on the same issue.

It is on this background, that I therefore, conducted a research with a view of appraising, vindicating, exposing and making clearer the objectives of financial statements of accounting in the mounding office activities, and there usefulness to the general user groups in particular.

This research work will therefore throw some light on the many years old confusion and controversial issues on.  What the financial statement is, its objectives and usefulness to the user groups.

 

TABLE OF CONTENT

CHAPTER ONE

• INTRODUCTION 1

1.1     OBJECTIVES OF THE STUDY                             2

• SIGNIFICANCE OF THE STUDY 3
• LIMITATIONS OF THE STUDY 4
• DEFINITION OF TERMS 4

CHAPTER TWO

• LITERATURE REVIEW 7

2.1    OBJECTIVE OF FINANCIAL STATEMENT         7

• USERS OF FINANCIAL STATEMENT 8
• TYPES OF INFORMATION’S REQUIRED BY USERS OF FINANCIAL STATEMENTS
• CHARACTERISTICS OF USEFUL INFORMATION11
• USEFULNESS OF FINANCIAL STATEMENT TO GENERAL USER GROUPS

CHAPTER THREE

• SUMMARY OF FINDINGS 16

3.1      CONCLUSION                                                      17

• RECOMMENDATION 18

BIBLIOGRAPHY                                                   20

 

 

 

CHAPTER ONE

• INTRODUCTION

Percentage analysis and ratio analysis was developed to provide an efficient

Means by which a statement user can identify the important relationship between items in the same statement and trend in financial data.  Percentages and ratios simplify the evaluation of financial conditions and past operating performance.

The information is used  primarily to forecast a firm’s ability to pay its debts when due and to operate at a satisfactory profit level.  However, because the analytical techniques are almost limitless – and so are the user’s special interests and objectives – the choice of proper ratios and percentages must fit their purpose.  For example, some users of financial statements are concerned with evaluating the firm’s ability to meet its current obligations and still have sufficient cash left to carry out its other activities.  In other words, they are concerned about the firm’s liquidity.  The focus of this type of investigation is generally on the firm’s current assets and current liabilities.

Other users, such as long-term creditors and stockholders, are also concerned with the firm’s liquidity but, in addition, are interested in a firm’s ability to pay its long-term obligations.  This aspect of the analysis is concerned with the solvency of the firm.  In a solvency analysis, the statement user assesses the financial structure of the firm and its prospects for operating at an earnings level adequate to provide sufficient cash for the payment of interests, dividends and debt principal.

• OBJECTIVES OF THE STUDY

The aim of embarking on this study is:

1. To identify the objectives of financial statements

THE SIGNIFICANCE AND OBJECTIVES OF SOURCE DOCUMENTS IN AUDIT INVESTIGATION

A CASE STUDY OF ORJI CHUKWU AND CO CHARTERED ACCOUNTANTS

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA OR $10 , 

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANKER SECURITY GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 2 HOURS

How to transfer from your bank account to All  Nigeriabanks

1. Access Bank:
—-*901#

2. EcoBank:
—-*326#

3. Fidelity Bank:
—-*770#

4. FCMB:
—-*389*214#

5. First Bank
—-*894#

6. GTB:
—-*737#

7. Heritage Bank:
—-*322*030#

8. Keystone Bank:
—-*322*082#

9. Sky Bank:
—-*389*076*1#

10. Stanbic IBTC:
—-*909#

11. Sterling Bank:
—-*822#

12. UBA:
—-*389*033*1#

13. Unity Bank:
—-*322*215#

14. Zenith Bank:
—-*966#

15. Diamond Bank
—-*710*555#

To know your BVN, dial
—-*565*0#.

E.g for First bank…   *894 *Amount *Acct. No. #

Please dail d code from d number u used to register d account from the bank

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

Click here to download our android mobile app to your phone  for more materials and others

 

 

ABSTRACT

 

          The concept “source documents” is a familiar term with those involved in keeping accounting records or watch dogs of limited liability and public liability companies and organizations from time to item, most often on annual basis, the independent Auditors call to review the accounting records kept by their clients.  This they do by studying and evaluating the internal control systems in the company.  This approach makes it possible for lapses, discrepancies, deficiencies and bottlenecks to be discovered if any do exist.

However, most people do not really understand the role of the auditors in public practice.  To the layman, it’s a matter of detecting for fraud, which is more or less a secondary object f audit.

This research has set out to review the role of the auditor in public practice, the statutory and regulatory frame work under which they operate and  the procedures adopted in the course of their duties, to meet the standard required to them.  This task has been carried out with a special reference to Orji Chukwu and co-chartered Accountants a relatively small firm of chartered accountants located at 57 chime Avenue new haven, Enugu

Chapter one of this work, takes a critical look at the background information relating to the concept of auditing and investigation procedures in auditing, while chapter two gives a detail tool of the concept of auditing and all other related issues under literature reviews

Chapter three, research methodologies, reviews the procedures used in carrying out the research, while chapter four gives details of data obtained during the research with brief comments on the facts that could be deduced there from.

Chapter five looks at the inferences drawing from the analysis of data obtained, while the 0last chapter summarizes the results of research, finding in more general items.

 

 

 

 

 

 

 

TABLE OF CONTENTS

 

 

CHAPTER ONE: BACKGROUND INFORMATION

• Introduction
• The firm
• Statement of the problems
• Source document and investigation related to capital, reserves, directors and statutory work
• Source document and investigations related to debenture, taxation, creditors and accrued charges.
• Source document and investigations related to Hp creditors and short term loans
• Source documents and investigations related to fixed asset
• Source document and investigation related to current asset
• Source document and investigation related to group and associate companies
  • Source document and investigation related to profit and loss or income expenditure
  • Scope and limitations
  • Definition of terms

 

CHAPTER TWO:

LITERATURE REVIEW

• Relationship between auditing and source document
• Legal framework of auditing
• Regulatory framework of auditing

CHAPTER THREE:

RESEARCH METHODOLOGY

• Sources of data
• Determination of sample size
• Description of the instrument of data collection
• Method of data analysis

 

CHAPTER FOUR:

PRESENTATION AND ANALYSIS OF DATA

• Responses to questionnaires

 

CHAPTER FIVE:

FINDINGS, RECOMMENDATIONADN CONCLUSION

• Findings
• Recommendations
• Conclusions

Bibliography

Appendix

CHAPTER ONE

 

BACKGROUND INFORMAITON

1.1     INTRODUCTION

          RELEVANCE OF INVESTIGATION

          Every business entity, be it profitable or non profitable, have goals and objectives for which they were established example, most liability companies are established for profit optimization and charitable or non-profit organizations, example, government parastatates reestablished to subsidize costs to the governed.

However, its pertinent to note here that whether upon profitable or non profitable basis, its relevant that accounting records must be maintained Accounting is broadly defined as a process of recording analyzing and interpreting at business transactions in such a systematic and concise manners as to give full and detailed explanation to related parties who are interested in the financial statement.  In every business organizations, it’s the duty of the chief accountant to keep records of all business transactions of the organization.  However if thus records must be kept, it must follow norms principles, conventions and standards et out by various professional accounting bodies.  In Nigeria, the Nigeria accounting standard board (NASB) is in charge of this duty.

Subject to the foregoing, section 357 of the company and allied matters decree,. Makes it mandatory for every limited liability company to appoint an Auditor to examine its accounts.

This now brings us to the question, who is an auditor? With reference to Walter N. Bigg, he sees an auditor as a person appointed by the directors (Shareholder authorize the directors to appoint) of a company to examine its books of account and stake whether it gives a true and fair view of the financial position of the entity and also see that there is compliance with statute and that accounting standard are strictly adhered to.  In the light of the above, the auditor should be a professional and used in the accounting field, with high integrity profile and must be a member of a recognized professional body and must be licensed to practice.  In Nigeria today, the institute of chartered accountants Nigeria takes care of this.  If the auditor as a professional is a ware of the fact that his work is relied upon by related third parties, he owes it a duty to the reasonable care and skill in the discharge of his duty so as not to expose himself to liabilities associated with negligence out of misfeasance proceedings.

In the light of the above, for the auditor to accept assurances or to give in opinion, he must certify himself beyond all reasonable doubt that the presentation made to hi gives a true and fair view of the financial position of the entity as at the date of his audit.

In these regards, he has access to all the company books and has unreserved rights as to question any misadministration, and gather all such information that would assist him in his work.  However, for the auditor to formally accept assurances, has basis of acceptance must be dependent on the availability of reliable source of documents and explanations produced by the entity in question. At diverse levels of investigation Associate source documents checks and test are applied and evidences shown must be very authentic and satisfying. For example where bank balances are investigated, for the auditor to accept the stated figures, the certifying evidences should be, bank statements, check stamps, cash books, authorization vouchers, etc and all such reconciliation that would enable him accept the presented bank balances as shown on the account.  It is pertinent to note that the presentation and figures without satisfactory evidence, or source document is like a student graduating without a certificate and thus bring us to one of the objectives of this text.

The investigation process involves making independent confirmation, example circulation of debtors, creditors and other related third parties to the entity in question.  Generally the process  of audit investigation is limited by so many factors which includes: cost consideration, time factors, unavailability of data.  Distance and prevailing socio-economic and political climate, in as much as thus factors are political climate, in as much as thus factors are highlighted an noted, the auditor must not fail to certify himself beyond all reasonably doubts.  This should be done by disclosing all lapses and discrepancies and must not fail to give qualifications when need be.  In all circumstances, he, the audit should try to avoid damages  associated with negligence as number of cases related to auditors liability has been recorded some of the case includes:  CAPRO industries Vickman (1989) see SCDH.  Group VMC farlance (1972) see JEP Fasteners Vmarts Bloom and Co (1981) also see security pacific business credit V peat MARWICK MAL & CO (1992).

 

THE FIRM

          This study is designed to examine the activities, responsibilities and legal framework under which the auditor in public proactive operates. This is with the appraisal of a relatively small firm of chartered accountants in Nigeria today, Orji Chukwu and co.  with Head Office at 57 C

THE ROLE OF COMPUTERS IN MANAGEMENT INFORMATION SYSTEM

A CASE STUDY OF NATIONAL FERTILIZER COMPANY OF NIGERIA (NAFCON) ONNE)

COMPLETE PROJECT  MATERIAL COST 5000 NAIRA OR $10 , 

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANKER SECURITY GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 2 HOURS

How to transfer from your bank account to All  Nigeriabanks

1. Access Bank:
—-*901#

2. EcoBank:
—-*326#

3. Fidelity Bank:
—-*770#

4. FCMB:
—-*389*214#

5. First Bank
—-*894#

6. GTB:
—-*737#

7. Heritage Bank:
—-*322*030#

8. Keystone Bank:
—-*322*082#

9. Sky Bank:
—-*389*076*1#

10. Stanbic IBTC:
—-*909#

11. Sterling Bank:
—-*822#

12. UBA:
—-*389*033*1#

13. Unity Bank:
—-*322*215#

14. Zenith Bank:
—-*966#

15. Diamond Bank
—-*710*555#

To know your BVN, dial
—-*565*0#.

E.g for First bank…   *894 *Amount *Acct. No. #

Please dail d code from d number u used to register d account from the bank

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

Click here to download our android mobile app to your phone  for more materials and others

 

CHAPTER ONE

INTRODUCTION                                                             1

• THE EVALUATION OF MANAGEMENT INFORMATION CONCEPT 1
• STATEMENT OF PROBLEM 4
• SCOPE AND LIMITATIONS OF THE STUDY 4
• OBJECTIVES OF THE STUDY 5

 

HYPOTHESIS  4                                                    6

SOURCES OF DATA                                             6

• DEFINITION OF TERMS 7

1. MANAGEMENT                                          7

Function of Systems                                                8

2. INFORMATION

Types of Systems

DEFINITION OF MANAGEMENT INFORMATION SYSTEM STRUCTURE OF THE MANAGEMENT INFORMATION SYSTEM

 

CHAPTER TWO

LITERATURE REVIEW                                        15

• HISTORICAL BACKGROUND 15
• INFORMATION AND ORGANIZATION 17
• HUMAN AS INFORMATION PROCESSORS18
• OTHER FORMS OF INFORMATION SYSTEM 21

 

CHAPTER THREE

INFORMATION                                                               35

 

CHAPTER FOUR

RESEARCH METHODOLOGY                                       55

 

CHAPTER FIVE

PRESENTATION AND ANALYSIS OF DATA              58

DISCUSSION OF FINDING                                            83

RECOMMENDATION                                                     84

CONCLUSION                                                                 85

BIBLIOGRAPHY                                                                       88

APPENDIX                                                                       90

 

 

 

 

 

 

 

 

 

CHAPTER ONE  

INTRODUCTION

1.1     THE EVOLUTION OF MANAGEMENT INFORMATION CONCEPT

          For as long as men store to accomplish task, make decision about scares resources in uncertain situations management will continue to need information.

In this managerial  world of increasing uncertainty due to rapid change, information becomes the key to management effectiveness.  Today’s manager faces a confusion of potential sources of information, he has to determine what information he needs.  This is now a new and crucial management function. The  idea  of an information system to support management and decision making pro-dates the use of computers, which have extended the organizational capabilities for implementating such a system.  One can conveniently discuss management information system without computers, but it is the power of the computer which makes management information possible.  The question is not whether a computer shall be used in management information system but the extent to which various processes shall be computerized.

As organizations have increased in  complexity the heed for co-ordination of the different parts arises.  These parts must be properly coordinated so that it makes a meaning whole.  As competition has increased and resource scarcity has left  organizations on the premise of failure, the use of efficient information as a criterion for the evaluation of organizational effectiveness has gained momentum.  The changing environment of organizations and the resultant uncertainty has brought about renewed effort for effective information management.  In order to achieve this effective information management, the information system has to be computer based.

Computers are basically electronic device which are capable of storing data, performing arithmetic and logical operations and specific operations.  They are used in such important areas like – Accounting, Banking, Business organization etc.  Ti provides information in area such as payroll, payslip, stock-keeping and many other information relating to the entire organization.  There are various ways in which computer can be used to provide information for a business organization.

Information provided by the computer can used in the present day to day running of the business and for futuristic purpose that is predict or for forward looking, for the basis of trends and forecast derived from the use of forecasting technique and the it also serve as a means of responding to changes at the right moment.  It also serves as a means of providing brother internal, external, strategic operation of the organization.

The idea of a computer-based information systems does not mean complete automation.  The man-to-machine system concept implies some tasks are best perfumed by man, while others are best done by machine.  For many problems, the man and machine form a combined system to get them completely sowed.

the fact that management information  system is computer-based means that designers must have a good knowledge of computers and their use in information processing.  The man-to-machine concept means that the designer of management information system should understand human capabilities as information processors and human behaviours in decision making.

 

1.2     STATEMENT OF THE PROBLEM

Initially, data processing was done manually.  This was however flawed with a lot of errors and did not keep to time.  With the invent of the computer, things changed.  Therefore, it is now necessary to know how computers, are used in the processing of data and what role it plays.

How should the information be provided to help the manager in achieving their set objectives? What are the strength of computer? These

THE CHALLENGES OF MANAGEMENT ACCOUNTING AND LEADERSHIP IN A DISTRESSED COMPANY

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CHAPTER ONE

INTRODUCTION

Background of the study

Statement of the problem

Objective of the problem

Significance of study

Slope, limitation and delimitation

Definition of the terms

 

 

CHAPTER TWO

LITERATURE REVIEW

Definition of leadership

Qualities of good leadership

Types of leaders/ leadership styles

Definition of management accounting

 

CHAPTER THREE

Summary of findings

Conclusion

Recommendations

Bibliography

References

CHAPTER ONE

 

INTRODUCTION

BACKGROUND OF THE STUDY

It is not only in Nigerian economy that is in distress, most companies are also in distress and their managing directors are equally in distress. Some of the managing directors are now languishing  in either prison or police custody as a result of their contributory roles to their companies predicament.

Most distressed companies are financial houses like banks, investment and insurance companies. But a lot of other non-financial companies are also in distress even though not  currently declared as such.

The accountants way of determining whether a company is in distress or not is through examination of when last it paid dividend, it’s earning per share and price earning ratio, among others.

All companies on the stock market official list that have zero dividend, zero earning per share and zero price earning ratio are inherently in distress one way or the other.

If these conditions persist, their audited financial reports and accounts are likely to be qualified by their external auditions.

Distress may be caused by a number of reasons:

• Lack of liquidity and working capital.
• Management problems usually associated with employing worker with no management still as manager.
• Greed by staff who may want to become rich quickly through stealing small items from the company and taking some money fraudulently for one’s own use.
• Adopting policies that are irrelevant to goals and objective of the company.
• Over –invoicing by staff.
• Supervisor’s inability to cope with their supervisory roles.
• Inappropriate management styles by unqualified managers.
• Lack of marketing strategies.
• Unsecured loans that may become bad
• Inconsistent economic polices by government e.g structural adjustment prgramme (SAP)

STATEMENT OF THE PROBLEM

Many industries and corporate firms today depends largely on teenage workers. The majority of employees in some companies like manufacturing industries, Banks, marketing firms, recreation available and etc. are teenagers. They are to and cheap, but they are also very difficult to manage and leading them effectively presented a tremendous challenge to the present day corporate leaders.

Consequently, employment experts have identified the following statement of problems associated within the challenges we are having in management accounting and leadership:

Provide those external stimuli that incites their subordinates to action.

• There is the problem of leaders not knowing how to accommodate the social, emotional needs of it’s employees.
• The ability of leaders or managers of organization to employ experience and knowledge work force.

The