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LIQIUDITY MANAGEMENT PRACTICE AT FIRST BANK OF NIGERIA PLC

LIQIUDITY MANAGEMENT PRACTICE AT FIRST BANK OF NIGERIA PLC

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

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

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.

Enter Amount

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:

1.1 The background of the study

1.2 Statement of problems

1.3 Objective of study

1.4 Significance of study

1.5 Limitation of study

1.6 Definition of terms

1.7 Reference

 

 

CHAPTER TWO:

0 Review related to literature

2.1 Genesis of banking in Nigeria

2.2 Type of banking in Nigeria

2.3 Functions of banking

2.4 Similarities and differences among banks

2.5 Role of bank in the economic development

2.6 The Nigeria banking climate

2.7 Problems faced by banks

2.8 The concept of banking failure

2.9 Causes of banking failure

2.10 Indices of banking failure

2.11 Effect of bank failure

2.12 Reference.

 

CHATER THREE:

3.0 Research methodology

3.1 Source of secondary data

3.2 Method of analysis

3.3 Location of data

3.4 Reference

 

CHAPTER FOUR:

 

4.0 Findings

4.1 General discussion

4.2 Reference

 

CHAPTER FIVE:

5.0 Recommendation and conclusion

5.1 Recommendation

5.2 Conclusion

5.3 Biography

CHAPTER ONE

 

INTRODUCTION:

BACKGROUND OF THE STUDY

A bank is considered liquid when it has asset and investment in security that are easily reliable at a short notice without a loose to the bank together with the ability to raise fund from he other source, to enable it to meet its payment obligation and financial commitment in a timely manner. In addition there should be financial commitment buffer to meet almost all financial emergency.

 

Liquidity management of a commercial bank is a very vital issue in the banking industry. It is the ability of the bank to manage its liquidity position so that neither the liquidity nor the profitable will suffer. For this to be effective, liquidity management must contribute to the achievement of the overall cooperate fund management objectives to attain and maintain a balance of profitability, solvency and liquidity.

 

Obligation of the maximum liquidity owed by surplus unite can only be archived by holding enviable fund as cash since it has maximum profitability. The must invest all fund on loan and average the highest yielding, and most liquid of the entire asset in the bank.

 

Banks, because of the important role they play in the economy, particularly in monetary and credit aspect of the economy faces a lot of restriction irrespective of the fact that banks are the most highly and closely regulated of all the business, they still have to operate within the confines of the law and solve the problem of liquidity and profitability dilemma in the economy. Apart form the constraints and the dual role of liquidity and profitability, there is virtually no work on the liquidity management in Nigeria commercial banks. In the light of this, the researcher has decided to discuses this topic based on the analysis of the data collected. The researcher will suggest some solution the problem of liquidity management in the country.

 

STATEMENT OF THE PROBLEMS

Commercial bank asset management is a never-ending thing of war. This war is pitched between efficient liquidity management on one hand and profitability on the other hand. As Liquidity and profitability are two inherent goals in commercial bank, bank managers will continue to experience the conflict o trying provide efficient mechanism of addressing their bank liquid and hence their safety of necessarily arising from the nature of their liabilities.

 

A high proportion of commercial bank liabilities are made up of demand deposits (current account fund deposits) saving deposit, fixed deposit and fund from other source. Demand deposit are those bank liabilities that are payable on demand. Necessary commercial bank need to keep only liquid asset to meet a considerably volume of withdrawal. Liquid

 

 

AN ECONOMY WIHTOUT A BUDGET

AN ECONOMY WIHTOUT A BUDGET

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

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

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.

Enter Amount

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

1.1     STATEMENT OF PROBLEM

1.2     POURPOSE OF THE STUDY

1.3     SIGNIFICANCE OF STUDY

1.4     LIMITAITON OF STUDY

1.5     SCOPE OF STUDY

 

CHAPTER TWO LITERATURE REVIEW

2.1     INTRODUCTION

2.2     THE ORIGIN OF BUDGET

2.3     DEFINITION OF BUDGET

2.4     AIMS OF BUDGET

2.5     COMPOSITION OF THE BUDGET

2.6     BUDGETING PROCESS

2.7     THE FIRST PHASE

2.8     THE SECOND PHASE

2.9     THE THIRD PHASE

2.10   THE FOURTH PHASE

2.11   ADVANTAGES OF BUDGET

2.12   PROBLEMS OF BUDGET

2.13   KEY INSTITUTION INVOTLED IN BUGET PREPARATION

 

CHAPTER THREE

3.1     SUMMARY OF FINDINGS

3.2     RECOMMENDATION

3.3     CONCLUSION

CHAPTER ONE

 

  • INTRODUCTION

For an economy to achieve it’s goal, it is pre-determined at it’s effective

performance at the least possible cost.  One mechanism to embark it’s budget is the budget.

The growth of any organization is determine by planning. Planning helps in deciding ahead of the future on what to do, how to do it, when to do it and who to do it.

The success of any organization lies on planning.  Therefore planning means the setting of organizational goals and the means of achieving it.  An economy without a plan has fail to plan.

Budgeting system guides the planning process.

Definition of Budget:

The Oxford Dictionary of accounting defines budget as “a financial or quantitative statement prepared prior to a specified period, contained plans and policies to be pursued during the period.

The states budget is prepared by its management and the process involve a higher degree of complexity than budgets prepared by business organization.

 

  • STATEMENT OF PROBLEM

The problem of Nigeria budget is the delayance, it has been a

problem to those in charge of the formulation of the budget and the people involve in the implementation.

The delay in the presentation of budget in any organization affects the economy thereby making it impossible to attain to its goal; thus guiding on economy to remain stagnant.

An economy without a budget can not operates; if it can, then how?

 

  • PURPOSE OF STUTY

The aim of this research is to put implace and view the

management functions of budgeting.  In order

 

ACCOUNTING INFORMATION IN DECISION MAKING IN SMALL-SCALE BUSINESS IN NIGERIA

ACCOUNTING INFORMATION IN DECISION MAKING IN SMALL-SCALE BUSINESS IN NIGERIA

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

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

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.

Enter Amount

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

This research work entitled “Accounting information in decision making in small scale and medium enterprises in Nigeria” is at exploring the role of accounting information in small-scale firms.

The primary aim of any business enterprise is to make profit. The success and survival of any business is a function of its profitability. However, the level of success is to a considerable extent, a function of the number and quality of the accounting records kept and systems in operation.

In trying to define a small-scale business or enterprise and its characteristics, the researcher will try to explore the problems, sources of funds and the role/importance of small-scale firms in Nigeria.

An attempt will be made to define accounting information and its role in the decision making process.

It was discovered that profitability of a small-scale firm is a function of the number of accounting records kept and the qualification of the entrepreneur.

The researcher therefore recommends that the entrepreneur should endevour to understand the basis in bookkeeping o as to able to prepare complete and accurate records of transactions. They should equally engage the services of experienced and qualified accounting personnel.

Following the above, the researcher concluded that for improved decision making through improved accounting information, entrepreneurs of small-scale firms should endevour to understand and apply basic book keeping or engage the services of experienced and qualified accounting personnel to carry out that function.

 

 

 

 

TABLE OF CONTENT

 

CHAPTER ONE

  • Background of the study 1

1.1     Statement of the problem                                                         2

  • Objective of the study 4
  • Hypothesis formulation                                                            5
  • Significance of the study 7
  • Scope of the study          8
  • Limitations of the study 9
  • Definition of terms 10

CHAPTER TWO

LITERATURE REVIEW                                                                      14

2.0     General overview of a business entity                                    14

  • Alternative form of business 18
  • What is a small scale business 20
  • General characteristics of small business 21
  • Sources of funds 23
  • The role and importance of small-scale business in the economy 24
  • Problems of small-scale business 27
  • Accounting information 28
  • The accounting process 30
  • The accounting information and the decision process 32
  • The function of accounting information in decision making 33
  • The relevance of accounting information in a business organization                                                                     34
  • Uses of accounting information                                         35

CHAPTER THREE

SUMMARY, RECOMMENDATIONS AND CONCLUSIONS

3.0     Introduction                                                                                37

  • Findings 37
  • Recommendations 39
  • Conclusions 41

Bibliography                                                                               43

 


CHAPTER ONE

1.0     BACKGROUND OF THE STUDY

Small-scale business is of great importance in the economy of Nigeria. They are to extent index of development and of the well being of the masses. Infact these business ventures have proven themselves to be vehicles of development and change in their various locations.

Osoba (1986) for instance, has in his own view studies when he stated, “Large scale industries have not played and cannot alone from now on be expected to play in the rapid growth and development of economics. This role includes substantial contribution of the sector to gross domestic product employment generation increasing local value added and techno logical development”.

Small business is often played with problems which have been too overwhelming her many of than to succeed in contributing to the development of the industrial sector.

These problems are not necessarily that of inadequate capital or lack of management that of inadequate capital or lack of management expertise but the researcher believes that there is a missing lack somewhere along the line.

 

1.1     STATEMENT OF THE PROBLEM

Small-scale business contributes a lot to the well being of the economy. Profitability is the singular index of growth and survival of small-scale business. The desire of every entrepreneur is to optimize profit in order to exist in business. But contrary to this expectation or desire, most businesses fold up no sooner that they are set up inspite of the fabulous incentives given that by the government.

The researcher therefore, observed that the cause of the problems and frequent of small-scale firms is lack of effective entail measures. Control is affected by keeping appropriate accounting records.

It has been observed that almost all accounting records have equal degree of control for instance; an accurate stock level avoids over-stocking and under-stocking.

This has the effects of avoiding wastes, which are a cost to the firm. Also, under-stocking disrupts production and results in costs being incurred by the firm. The attendant effects of not keeping accurate accounting records and incomplete information about transactions is that the proprietor may not know the true position of his business and also profitably be drastically reduced as a result of unnecessary costs being incurred. The result being business failure.

The problems occasionally constant business failures are therefore, lack of appropriate accounting records, inadequate experience in book keeping of limited accounting records. The following questions are pertinent to be able to accurately analyze the problems at hand.

Do small-scale firms keep accoun

AN APPRAISAL OF INTERNAL CONTROL SYSTEM ON LARGE FIRM

AN APPRAISAL OF INTERNAL CONTROL SYSTEM  ON LARGE FIRM

(A CASE STUDY OF EMENITE LTD ENUGU)

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

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

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.

Enter Amount

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

1.1 Background

1.2 Statement of the problem

1.3 purpose of the study

1.4 The scope of the study

1.5 Research question

1.6 Statement of Hypothesis

1.7 Significance of the study

1.8 Limitation of the study

CHAPTER TWO

  • REVIEW OF RELATED LITERATURE

2.1 Origin and purpose of internal control

2.2 Definition of internal control system

2.3 Internal check and control

2.4 Types of internal control

2.5 Element of internal control and internal auditing

2.6 Limitations of internal control

 

CHAPTER THREE

  • Research METHODOLOGY

3.1 Research design

3.2 Area of study

3.3 population of the study

3.4 Determination of sample size

3.5 Instrument for data collection

3.6 Method of data collection / Administration of research instrument.

3.7 The validity of the instrument used.

3.8 Method used for water data analysis

CHAPTER FOUR

  • PRESENTATION AND ANALYSIS OF DATA

4.1 Interpretation of data.

4.2 Finding

CHAPTER FIVE

  • SUMMARY CONCLUSION AND RECOMMENDATION.

5.1 Summary of findings

BIBLIOGRAPHY

QUESTIONNAIRES

 

ABSTRACT

This project invested the appraisal of internal control system in large firms. The study was aimed at determining the strength and weakness of internal control system in public limited liability companies and how the existing control has helped the management in the realization of the organizational objective

 

In this project the research found out whether

  1. There is regular cash survey to ensure that amount voted into imprest in judiciously used.
  2. Majority of the employees are paid through banks and all authorized deductions are remitted to their appropriate authorities.
  3. Stocktaking is usually carryout by a team consisting of store and accounting staff preparation of pay roll and payment of salaries are not usually done by some person.

 

Data for research was collected from both primary and secondary. Primary data was conducted mainly through the use of questionnaires supplemented by oral interview, which was conducted among the staff of the company. Data was analyzed using the chi-square and percentage method of analysis. A test was carried out which showed that system of internal control in the company is effective.

 

 

 

 

CHAPTER ONE

  • BACKGROUND OF THE STUDY
  • Internal control has attained greatest significance in large-scale business organizations. It is of great assistance to both the management and auditors of such organization because it enables them to carry on the business in an orderly and efficient manner. It safeguard its assets and secure the accuracy and reliability of records.

 

The primary aim of an organization that is profit oriented is to operate the business in the most efficient way. That is to maximize profit at a minimum cost. This can be made possible by establishing strong internal control which acts as regulator of an organization. The internal control can be compared to a persons nervous system. It embraces the entire organization internal control as the nervous system has five component that help it to coordinate the activities of the organization. They are:

  1. The control environment
  2. Risk assessment
  3. The (accounting) information and communication system
  4. Control activities and

 

 1.THE CONTROL ENVIRONMENT

The control environment set the tone an organization by influencing the control consciousness of the people. It may be viewed as the foundation for the other components of internal control. Control environment factors include integrity and ethical values; commitment to competence board of directors or audit committee, managements philosophy and operating style organizational structure; assignment of authority and responsibility to human resource politices and practices.

 2. RISK ASSESSMENT

The second component of internal control is risk assessment. Management should carefully identify and analyze the factors that affect the risk that the organizations objectives will not be achieved and then attempt to manage that risk. Managements risk assessment involves consideration of those factors that effects all of the organizations objective.

 

  1. The accounting information and communication system information is needed at all levels of an organization to assist the management in meeting the organizations objective of major concern to the auditors is the accounting information system, and the way in which responsibilities for internal control over financial reporting are communicated throughout the organization. Accounting information system should include a chart of accounts and a manual of accounting policies and procedure as aids for communicating policies.

 

  1. CONTROL ACTIVITIES

Control activities are policies and procedures that help to ensure that management’s directives are carried out. These policies and procedures promote actions and address the risks that face the organization. There are many different types of control activities performed in an organization.

 

  1. MONITORING

Monitoring is a process that assesses the quality of internal control overtime. It is important to monitor internal control to determine whether any modifications are necessary. Monitoring can be achieved by performing ongoing activities or by separate evaluations ongoing monitoring activities include regularly performed supervisory and management activities such as: continuous monitoring of customers complains or reviewing the reasonableness of management reports.

 

In Nigeria, much emphasis is plaid on account ability and the keeping of accurate records of transportation by those who manage the affairs of all business enterprises.

 

    

  • STATEMENT OF THE PROBLEM

The statement of research problem serves to explain in detail the information in the title of the study. This research seeks to find out the extent to which the system of internal control has helped to prevent both employee fraud and fraudulent reporting, assuming control over manufacturing and other process through the following questions.

  1. How far has the existence of internal control audit has helped to minimize errors in the company?
  2. do all staff see the company’s goal as a joint responsibility?
  3. are all empolyee’s motivated by the process of strong internal control?

are all tran

THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT IN ENUGU STATE

THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT IN ENUGU STATE

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ABSTRACT

 

Over the years, the important of the taxation to all establish government, be it democratically elected or monarchical elected or even military rule has especially a greater deal of sorphiscated.

Tax law and statutes has been implemented to raise income for the government.

This become massive project like building of the bridges, road construction and hospital could not has been possible if the massive do not invest to see that this project become reality. This tax laws and status has also gotten to the grassroots level, by this I mean the local government and following wards. More and more people are been educated in the need for them to pay their taxes ands as of when due. The purpose of this work is to see how those in the grassroots, using Orji River local government Area as a case of study has responded over the years on the issue of tax and to see how this have helped in the development of enugu state in general.

 

 

TABLE OF CONTENT

 

CHAPTER ONE:

 

1.1     Introduction

1.2     Statement of the problem

1.3     Objective of study

1.4     Significance of study

1.5     Scope of the study

1.6     Imitations of this study

1.7     Definition of terms

 

CHAPTER TWO:

2.1     Review related to literature

2.2     Definition of tax

2.3     Type of taxation

2.4     Incidence of taxation

2.5     Principle of taxation

2.6     Element of the taxation

2.7     The importance of taxation in Enugu state economy

2.8     Structures and administration of the Nigeria tax system

2.9     Problem of taxation and its functions

CHAPTER THREE

RESEARCH METHODOLOGY

3.1     Introduction

3.2     Research design

3.3     Primary source of data

3.4     Population

3.5     Sample techniques

  1. 6 Sample size

3.7     Remarks

 

CHAPTER FOUR

DATA ANALYSIS AND INTERPRETATION

4.1    Introduction

4.2     Presentation of related data

4.3     Analysis of related data

4.4     Testing of the hypothesis

4.5     Interpretation of the result

 

CHAPTER FIVE

SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION

5.1     Summary of the findings

5.2     Conclusion

5.3     Recommendation

BIBLIOGRAPHY

APPENDIX / QUESTIONNAIRE

CHAPTER ONE

 

INTRODUCTION

One major function of the government especially in the developing country such as Nigeria is the provision of infrastructure service such as electricity, pipe born water, hospital, school and access roads and also ensure a rise in the per capital income, poverty alleviation to mention but few. For this service to be adequately provided, government should have enough revenue to finance them. The task of financing the enormous responsibility is one of the major problems facing the government. Giving the limited resources we have, there is need to carry on the citizen been governed along, hence the imposition of tax on all taxable individual or company to improve the government financial position. To this end, the government has always in acted tax law and reform the existing one to stand he test of the time. They include the income tax management Act (ITMA), companies income tax decree (CITD), and the joint tax board (JTB).

All these are aimed at ensuring adherence to the tax payment, discouraging tax ovation and diversions.

 

For the purpose of this study, this researcher will be concern worth the impact of taxation as an aid to the economic development of Enugu state

 

STATEMENT OF PROBLEM

The first need of any modern government is to generate revenue, which is indeed the breath of its nostril. Thus taxation is by afar the most significant source of revenue for the government

The indeed Nigeria regard tax as a means by which the government raise revenue for herself at the expense of their sweat. It is indeed to note that no tax will succeed without the taxpayer’s co-operation. Here we can ask some thought periodic question such as what makes taxation such a difficult issue? Why do people fill cheated when it come to payment of their tax? Is the government making judicious use of taxpayer’s income? In view of this question, the study is going to be carried out to offer solution t them. We shall also look at the following issue offer of recommendation

  1. Problem affecting the successful operation of the tax system in Nigeria
  2. How to determine the assessable income
  3. Problem of tax administration in Nigeria

 

OBJECTIVE OF THE STUDY

Th