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CHECKING DISTRESS IN THE NIGERIAN BANKING SECTOR THE ROLE OF ACCOUNTANTS AND AUDITORS

CHECKING DISTRESS IN THE NIGERIAN BANKING SECTOR THE ROLE OF ACCOUNTANTS AND AUDITORS

(A CASE STUDY OF FIRST BANK OF NIGERIA PLC, AWKA) 

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

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  Nigeria banks without internet

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

1.0     Background to the study

  • Introduction
  • Statement of problem
  • Objectives of the study
  • Significance of the study
  • Scope of the study
  • Limitation of the study
  • Definition of term
  • Statement of hypothesis

CHAPTER TWO

  • Literature review

2.1     Introduction

  • Distress in the Nigerian banking sector
  • Emergence of distress banks in Nigeria
  • Implication of distress for the economy
  • Causes of bank distress in Nigeria
  • Who is an auditor
  • What is auditing
  • The role of auditor in distress and failed banks
  • The role of auditing/function of the external auditor
  • The duties of the accounting/auditor
  • Auditor liability in relation to distressed and failed bank
  • Letter to the management

 

CHAPTER THREE

  • Research methodology

3.1     Area of study

  • Research design
  • Source of data and information
  • Mode of data collection analysis
  • Analysis of data

 

CHAPTER FIVE

  • Presentation, analysis and interpretation of data

4.1     Data presentation

  • Questionnaires administration and analysis of responses
  • Test of hypothesis
CHAPTER FIVE
  • Summary, conclusion and recommendation

5.1     Summary

  • Conclusion
  • Recommendations

Bibliography

Appendix

CHAPTER ONE

 

BACKGROUND TO THE STUDY

  • INTRODUCTION

Distress in the Nigerian banking sectors is a problem that bank has in this recent time.  This seems as if the regulatory authorities appeared to be fighting a losing battle to sanitize the system.

Ebtiodaghe (1996) observed that banking distress occurs when customers were unable the loss of their deposits and consequent breakdown of their contractual obligation.  The central bank fails to meet its capitalization requirements, has a weak deposit base and is afflicted by mismanagement.  Aderiu (1997) said that distress in banks I based on the banks examination rating system with the word “CAMEL” that is C=capital adequate, A = Asset quality, Management competence, E = earning strength, L = Liquidity sufficiency.  The above mentioned is the aggregate areas that really qualifies a bank to be branded “ healthy or sick”.

A bank is considered healthy by the CBN if it maintains six criteria for instance capital paid up capital, sound management i.e bank meeting up with CBN rules, satisfy customers and shareholders interest, minimum liquidity of 30% not less than 10% of its liquid assets to be in treasury bill and certificates.  In a situation where a bank defaults in one or few of the above criteria and fails to rectify its default position within a month, it is indeed qualified to be classified as distressed.

Where banks is unable to service its fixed costs, meet it debts obligations to its stakeholders has a net cash greater than its capital and can no longer operate profitably, the bank is deemed to have failed. Thus a failed banks is a bank which is unable to meet its obligations to its stakeholders as at when due arising from weakness in its financial, operational and managerial conditions.

The failed bank decree also defined “failed bank” as a bank whose license has been taken over by the CBN.  Due to the inability of the regulatory authorities to bring back some of these distressed bank which failed eventually,  the only way left in order to sustain public confidence and stability of the system is to revoke their licensed put them on  liquidation.

Regrettably this has been the fate of some distressed banks in the country.  Almost 36 banks are on distress.

This study will also highlight in chapter 2, the main internal  causes of distress and its implication on the Nigeria economy.

 

  • STATEMENT OF PROBLEM

There have been accusations in newspaper journals and publications that the causes of the widespread distress in Nigerian banks is lack of objectivity and negligence on the part of accountants / auditors. They have been accused of not playing an effective role in these banks and hence have not adequately protected the integrity of these institutions as well as the interest of the owners.

The  above situation has given rise to the following problems

COST ACCOUNTING AND ITS APPLICATION TO MANAGEMENT PLANNING, CONTROL AND DECISION MAKING

COST ACCOUNTING AND ITS APPLICATION TO MANAGEMENT PLANNING, CONTROL AND DECISION MAKING (A Case Study of Nigeria Bottling Company (NBC) Kaduna)

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

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

 

 

 

ABSTRACT

This research work is aimed at highlighting the role played by Cost accounting information to the planning, control and decision making process of the management of an organization using Nigeria bottling company (NBC) as a case study. If identify the different costing techniques and methods available, the type of information produced by an accountant and how each information fits into the information need of management as stated in the alternative and as discovered by the researcher through questionnaire and personal interviews. That is, the prospect of a manufacturing company Endeavour is to found out, that for any organization to be successful, there must be accounting department to prove timely, adequate, relevant and correct information regarding the cost of products, processes and general running of the firm and fix selling price for products and services. An independent accountant and cost accountant need to be present for possible production of relevant information.

TABLE OF CONTENTS

Title page – – – – – – – – i
Declaration – – – – – – – – – ii
Approval – – – – – – – – – iii
Dedication – – – – – – – – – iv
Acknowledgement – – – – – – – v
Table of contents – – – – – – – – vi
Abstract – – – – – – – – – vii
Table of contents – – – – – – – – viii

CHAPTER ONE
Introduction
1.0 Introduction – – – – – – – – 1
1.1 Background of the study – – – – – – 1
1.2 Statement of study – – – – — – 2
1.2 Objectives of the study – – – – – – 3
1.3 Research Hypothesis – – – – – – 4
1.4 Significance of the Study – – – – – 4
1.5 Scope of the study – – – – – – – 5
1.6 Historical Background of NBTE – – – – 5

CHAPTER TWO
Literature Review
2.1 Introduction – – – – – – – – 7
2.2 Meaning of cost accounting – – – – – 8
2.3 Planning and the application of cost accounting – – 9
2.4 Control and cost accounting – – – – – 15
2.5 Standard cost as a tool for control – – – – 19
2.6 Decision making – – – – – – – 24
2.7 The decision making process – – – – – 25

CHAPTER THREE
Research Methodology
3.0 Introduction – – – – – – – – 29
3.1 Population and Sample Size – – – – – 29
3.2 Sampling Techniques – – – – – – 30
3.3 Sources and Method of Data Collection – – – 30
3.4 Method of Data Analysis – – – – – – 31
3.5 Justification for the Choice – – – – – 31

CHAPTER FOUR
Data Analysis and Interpretation
4.0 Introduction – – – – – – – – 32
4.1 Data Presentation – – – – – – – 32
4.2 Analysis of Questionnaire – – – – – 33
4.3 Testing Hypothesis – – – – – – 41
4.4 Summary of findings – – – – – – 41

CHAPTER FIVE
Summary, Conclusion and Recommendations
5.1 Summary – – – – – – – – 43
5.2 Conclusion – – – – – – – – 44
5.3 Limitation of the Study – – – – – – 45
5.4 Recommendations – – – – – – 46
Bibliography – – — – – – – 48

CHAPTER ONE

1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
The main theme of this project is to bring to highlight the importance of costing to the existence of any organization, using the Nigeria Bottling company as a case study.

Every activity and operation of an organization involves cost. In view of this, I intend to discuss the objectives, principles, techniques and methods of costing relating to the analysis and gathering of cost information for planning, control and decision making.

It must be emphasized, that the existence of a sound well organized basic costing system is fundamental to whatever use is made of the information whether for routine cost ascertainment purposes or for a one – off decision.

Decisions depend on financial factors therefore it is of utmost importance that proper costing methods and techniques suitable for an organization operations to be ascertained, adopted and operated effectively and religiously throughout the organizations` process and operations.

In essence, organization are established for a defined purpose which objective can only be seen or shown to the world by the output (product) it produces. For there to be an output the most necessary is the input. Inputs do not come for free; payments have to be made on them. Taking the Nigerian Bottling Company (NBC) as a case study, it needs inputs in the form of raw materials, labour etc. to produce goods (soft drink) and payment must be made for these inputs, this boils down to cost.

1.2 STATEMENT OF THE PROBLEM
In the past, many companies have witnessed considerable lapses and increasing changes in management disciplines. Costing an important element in the overall operation of an organization through the provision of relevant information about cost is one of the problems organizations are facing. Because there are no satisfactory requirements to maintain detailed cost records, some small firms keep only traditional financial accounts and prepare cost information in an ad-hoc-fashion. In all but small firms this approach is likely to be unsatisfactory.
There is a vast range of systems in operation ranging from simple analysis to computer based accounting systems incorporating standards, variance analysis and the automatic production of control and operating statements. These different costing methods are meant to suit different organization the adaptation of the wrong method, for a company will constitute a problem instead of a solution. Also poor or inadequate knowledge of a particular method of costing has constituted problems for many firms.

RISK MANAGEMENT IN FINANCIAL INSITUTION IN NIGERIA

RISK MANAGEMENT IN FINANCIAL INSITUTION IN NIGERIA

A CASE STUDY OF UNION BANK OF NIGERIA PLC

1999 – 2004

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  Nigeria banks without internet

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 project work examine the potential usefulness of adopting a systematic methodology for the analysis and control of quit within the financial services sector and discuss the resulting information processing requirements.

Two types of financial intermediaries (banks and insurance companies) are specifically examined from a total system frame work, but the resulting insight is extend to other financial institutions.  The point is made, that given the current wave of de-regulation in Nigeria, economy especially in the banking sector and the rapid process technological and marketing glufts which have resulted, financial institutions are being forced to rely more on managerial competencies and other intra-organisation factors for survival and success and it is suggested that effective risk analysis and control technologies should be an integral aspect of any sensible corporate plan in these institution.

This project is patterned into five distinct chapters.  Chapter one deals with introduction of the topic, statement of problem, scope, limitation and research    question while chapter two emphasize on the researcher’s reviews and related literature on risk management to business organisation.  The third chapter highlights the methodology of the research.  It stresses the design plan, method of data collection.

Finally, the last chapter (chapter five) summarized the entire work by inserting possible findings recommendations and conclusion.

CHAPTER ONE

1.0     Introduction                                                                       1

  • Background of the study 1
  • Statement of the problems 2
  • Objectives of the study                                         4
  • Research questions 4
  • Research hypothesis 5

CHAPTER TWO

2.0     Literature review                                                                6

  • Definition and general concept of risk 7
  • Classification of risk 11
  • Fundamental and particular risks 14
  • The risk management 15
  • Definition of risk management 16
  • Objective of risk management 17
  • Risk management process 20

 

CHAPTER THREE

3.0     Research design and methodology                                     31

3.1     Design                                                                               31

  • Area of study 31
  • Population description 32
  • Sample and sampling techniques 32
  • Instruments of data collection 34
  • Methods of data collection 34
  • Proposed method of data analysis 35

 

CHAPTER FOUR

4.0     Data presentation and analysis                                           37

  • Distribution and collection of questionnaires 37
  • Test of hypothesis                               43
  • Recommendation solutions 46

 

CHAPTER FIVE

5.0     Findings, recommendation and conclusion                        47

  • Findings 47
  • Recommendations 47
  • Conclusion 49
  • Scope limitation and delimitation 49

Reference                                                                           51

Questionnaires                                                                             53

CHAPTER ONE

INTRODUCTION

1.1     BACKGROUND OF THE STUDY

Financial institutions, organizations both private and public operation in the world of uncertainties.  The uncertainty of environment in which organizations operate has led some management experts to fashion out a management they called “Risk management to reduce the uncertainty that face them.  Business organizations are set up for a particular aim(s) and strive to achieve them.  But the uncertainty of the objective is very difficult task to accomplish.  Because risks or uncertainty are a permanent feature that affect any business organization.  Management is expected to continuously monitor and manage those risk or uncertainty most effectively at a minimum cost been realized and accepted by most countries and some organizations among which are financial institutions which started to use the concept to minimize the losses facing them in order to achieve the organizations objective.

Risk according to Oxford advanced learner’s dictionary means the possibility of meeting damper or do suffering harm or loss.  This means that it is the uncertainty of financial loss in the concept of this study.

According to L.J. Nuldram (195) risk management is defined as “The protection of assets earnings, habitués and people of an enterprise with maximum efficiency and at minimum cost”.  This effective risk management provides protection against the possibility of asset losses so great as to course severe dislocation in the organisation.

 

1.2     STATEMENT OF THE PROBLEM

Financial institutions are exposed to risk/problem, which affects its effective performance.  For banks two kinds of risk are important.

  • Investment or default risk
  • Liquidity risk Okigbo P (1983)

 

The default risk is concerned with the asset held by the bank as an auditor.  The bank faces the dangers that it debtors may not make payment due on interest and principal.  The banks also traces withdrawal or liquidity risk in connection with its abilities.  As a debtor to its depositors.  The bank faces the risks that its creditors may be unwilling to renew or even extend new creditors to it.

Also in the operation of financial institution there is a very serious problem of the loss aggregations.  This is very important.  Take for instance, the risk of loss of customers confidence which is very critical in the content of banking operations although there has not been run in any bank in recent memory, the possibilities is real enough for it to meet serious considerations.

This topical run on the bank known to most informed persons in where there is a long quince of customers at major premises of a particular bank all waiting to withdrawn their deposit.  Further in the insurance companies risk under the lending of static for example fire and theft losses, employee compensation needs, liability for industry to third parties health/property, fraud and so on.  Have traditionally been handled at the operational level solely.  Also while management at the policy level has been personally concerned with dynamic risks, a systematic method for

THE PROBLEMS OF PARTNERSHIP BUSINESS IN NIGERIA

THE PROBLEMS OF PARTNERSHIP BUSINESS IN NIGERIA

(A CASE STUDY OF ESCO & CO WARRI DELTA STATE)

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  Nigeria banks without internet

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 is aimed at identifying the problems of partnership business in Nigeria and how to sole some of them. This as an attempt to present the frame work which will help various group of persons in partnership businesses and others desiring to become one to have a clear understand of some the problem they are to encounter in the business, especially those of them who are in a haste to form one without understanding the terms of the business neither having any form of agreement. Worthy to mention is the funding which constitute a lot of problems, lack of good planning and good management techniques not being applied which often militate against the progress of the partnership business.

In terms of organization this work is divided into five chapters enumerated as follows.

Chapter two: deals with the subject matter under review with reference to books of other authors, published journals, magazine of different opinion.

Chapter three: Discuss the methods of research the researcher embarked upon with the various instruments used in carry out the wok.

Chapter four forms the core of this research. Data’s collected were presented, analysed and interpreted and the hypothesis tested.

Summary of the findings, implications, conclusion and recommendations.

A list of bibliography and an appendix are provided at the end of this chapter for further classification and information on this study.

 

 

TABLE OF CONTENT

CHAPTER ONE

  • Introduction1
  • Statement of problems2
  • Aims and objectives 6
  • Significance of the study 7
  • Statement of the hypothesis 8
  • Scope and limitation of the study 9
  • Definition of terms 11

 

 

CHAPTER TWO

  • Literature review 12

2.1     General nature of partnership business 16

  • Historical views of partnership business 17
  • Definition of partnership18
  • Types of partners 19
  • Banking of partners 20
  • Kinds of partnership 23
  • Applicable laws of partnership in Nigeria 26
  • Special characteristics of partnership business 28
  • Formation and operation of partnership 29
  • Formation procedures 29
  • Partnership deed 31
  • Power and liabilities of partners 33
  • Advantages and disadvantages of partnership 35
  • Limitation to partners’ liabilities 36
  • Dissolution and winding up of partnership 37
  • Conclusion 42

CHAPTER THREE

  • Researcher meteorology and design 43

3.1     Introduction 43

  • Research design 43
  • Data collection instrument 44
  • Primary data sources 44
  • Secondary data sources 46
  • Population description 46
  • Method of analysis 47

 

CHAPTER FOUR

  • Presentation and Analysis of data 48

4.1     Data analysis 48

  • Presentation and interpretation of data
  • Test of hypothesis

 

CHAPTER FIVE
  • Summary, Findings, conclusion and recommendation

5.1     Findings

  • Conclusion
  • Recommendations

Bibliography

Appendix

CHAPTER ONE

INTRODUCTION

Long ago, many committed Nigerians have engage them self in one or two business entity to enhance economic growth. They engage them self in various sector of the economy to earn a living.

From past analysis and experience in this present economy has shown that many of these business organizations are not living up to expectation. In view of these it is hoped that a research analysis of the problems and prospect of business will be uncovered and causes of their poor performance. Orientation differs, ones the word ‘business” is pronounce, the message that rings in the mind of men especially in Nigeria is buying and selling of goods. But business is broader than that. Business can be defined as any activity one engage himself or herself with lawfully to earn a living, for the pu7rpopse of this research, I want to consider business as “every profit directed economic and commercial activities that provides goods and services necessary to a nation standard of living.

Business ownership can be classified into two namely: public enterprise and private enterprise.

Private enterprise comprises of sole proprietor ship, co-operative society partnership and limited company.

In this research we are going to concentrate mainly on issue concerning “partnership business”. According to Boron, Donan (1976) Partnership was defined as a business relationship between two or more persons who jointly own and manage a business. The maximum number is usually put at twenty people.

People find it easier to engage in sole proprietor ship and others to avoid certain problems that may arise in partnership business such as

  • delay in decision making
  • crisis of confidence
  • chained activities of all new members to old ones.

 

  • STATEMENT OF PROBLEM

A larger proportion of the business entities in this country are faced with similar problems. These problems hinder the growth and development of partnership business in this country, thereby limiting their enormous contribution towards the nation economic development. Some of these problems are listed below.

  1. Poor finding sources

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CHAPTER ONE

INTRODUCTION

Since creation, there has been quest by man to improve on the quality of his life style and existence. This ever-increasing quest has been necessitated and propelled by the need to address the changes posed by the environment. Born out of this need, a number of inventions have been made in virtually to the field of disseminating information in accounting.

The term paper is designed to examine various aspects of our lives and the society at large has been affected by the advert of computer with a wide range of benefits. By processing data guideline, affectively, efficiently, computer has great facilitated the flow of information in the society.

With this regard, this term paper will examine how information can be speed up when applying computer and how accurate it is in the facets of accounting productivity.

The computer is one of the most spectacular of such inventions. It is a tool especially made for computable problems.

The computer 9ie present form of computer) is culmination of series of inventions and research development sparing over centuries.

BACKGROUND OF THE STUDY

The estimation of the value or quality of the role of computer in accounting system must be viewed through the circumstances of study.

Computer, which is generally know as an electronic device for analyzing or storing data, making calculations is used in various aspect of life. But in this study, we are going to relate it to accounting.

If we reflect on the history and development of data processing equipment, we will see the computer as an amalgamation and expansion of the capabilities of common place office machines that more than ever require knowledgeable direction by man.

From earliest times, men have been faced with the need to carryout their activities manually but the invention of computer activities are now been done by computer.

STATEMENT OF PROBLEM

The advantages of using computer in accounting information have been deliberated on. But the disadvantages cannot be compared with the merit.

C