Financially, inventories are very important to manufacturing companies. On the balance sheet, they usually represent from 20%, to 60% of the total assets; As inventories are used, their values are converted into cash, which improves cash flow and return on investment. There is a cost for carrying inventories which increases operating cost and decreases profit. It is common to lose some of them by ways of obsolescence, theft, physical deterioration, damages amongst others. It important that these... read more

In the course of conducting this research work it is expected that the following will constitute impediments to the effective conduct of the study Access to Data: inability to access relevant information is a foreseen challenge to the success of this research. The tax authourity may not reveal data or a true information which they which they may choose to keep for themselves. Time Constraint: this study would have choose to cover a larger scope to consider the thirty-six state ... read more

Variances are analyzed and investigated when noticed and revision of such standards follows subsequently. The study has revealed that it is very useful tool for management to plan and control its operation so as to achieve goals and objectives of the organization. This study made use of the questionnaire, personal interviews and reading of the organization manual to analyze the subject as well as draw conclusions and recommendations.

onsolidation: A process of firming up the market price following a substantive change in price it is all government securities which it redeems at its own discretion, paying the fixed amount of interest each year until the repayment of the capital. Consummated: Is an act of bringing something to complete or perfect. It is a supreme process to fulfill something viable. Globalization: A rationalizing or result of reducing cost of industrial production to meet competition especially... read more

ormation security related to privacy of information, and information security itself, addresses the universe of risks, benefits and processes involved with information, and must be driven by executive management and supported by the board of directors. Information security governance according to IT Governance Institute (2003) is the responsibility of the board of directors and executive management, and must be an integral and transparent part of enterprise governance. Information securi... read more

ditor Independence: is the main means by which the auditor demonstrates that he can perform his task in an objective manner” (FEE 1995) and ‘Freedom from those pressures and other factors that compromise, or can reasonably be expected to compromise, an auditor ability to make unbiased audit decisions’ (ISB, 2000). Financial statements. A structured representation of historical financial information, including related notes, intended to communicate an entity's economic resources and... read more

The political, economic and social development of any country depends on the amount of revenue generated for the provision of infrastructure in that given country. However, one means of generating the amount of revenue for providing the needed infrastructure is through a well-structured tax system. The tax system is an opportunity for government to collect additional revenue needed in discharging its pressing obligations. Tax is dynamic, so reforms are necessary to effect the required changes in... read more

Consequently, the study focuses attention on small scale businesses in Nigeria and the degree to which Micro Finance Banks (MFBs) have fared in enhancing its performance. It will shed light on the prospect of the Micro Finance Banks (MFBs) in the future. During the field survey, most of the respondents were reluctant to answer the researchers questions when they later agree to answer it takes a while to retrieve the questionnaires. Also, delay in data collection constitutes a maj... read more

nion bank of Nigeria pic was established in 1917 as a colonial bank with its first branch in Lagos. In 1925, Barclays bank acquired the colonial bank, which resulted in the changed of bank name to Barclays bank (dominion, colonial and overseas.). Following the enactment of the companies' act 1968 and the legal requirement for all foreign subsidiaries to be incorporated locally, Barclay bank (d c 0) in 1969 was incorporated as Barclays bank of Nigeria limited. The ownership structure of Barclay b... read more

he nature accrues to the firm over a long period i.e. as long as the employee remains with the firm as a result of human resources accounting. Hence such costs should be capitalized and amortized over the entire period so that the Balance sheet gives a true and fair view of the state of affairs of a business. (Brummet, 1983). Since human resources are capable of enlargement over a period of time, there should be innovative investment in its people and how the value of people ch... read more

irstly, even though the study is intended to capture all the tax administration procedures, available data on tax auditing exists only for the operations ran by the Lagos Internal Revenue Service therefore information gathered for this study came mostly from the LIRS, which is just one unit of the countries revenue authority. However, it is believed that the outcomes and conclusions are relevant to the work of the FIRS. Additionally, most tax payers were unwilling to provide information... read more

counts as it is the case. The researcher used primary and secondary methods of data collection to gather the needed data. The data obtained through questionnaires were presented in tables and analyzed using the simple percentage. The findings have also shown that factors which militate against successful accounting records and fraud preventive measures amongst civil servants in Akwa Ibom state are: Volume of work, Nature of services, Poor management, Organization experience of staff, Delays in p... read more

The research work will cover working capital management and how it affects the corporate performance of theses selected quoted companies, which are Guinness Plc, Dangote Plc, Nestle Plc, Cadbury Plc and Unilever Plc. These five (5) companies were selected based on the availability of data, their performance in the Nigerian Manufacturing sector, and the popularity of these companies in the Nigerian Stock Exchange. The data obtained from the five (5) selected quoted companies covers a peri... read more

BOOK-KEEPING: Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, such as the single-entry bookkeeping system and the double-entry bookkeeping system, but, while they may be thought of as "real" bookkeeping, any process that involves the recording of financial transactions... read more

Data on these 3 proxy variables were sourced from the Bank at their head office. Regression analysis was employed to estimate the impact of global financial crisis on job insecurity. For the second and third research questions, well-structured questionnaires were administered to the employees of ECOBANK to seek their opinions on the causes and effects of global financial crisis in Nigeria. The Chi-Squared Technique was then adopted to test the hypothesis on the causes and effec... read more

This work will expose to the general public the need to show up the capital base available to the agricultural sector to enable the effective utilization of Nigeria’s enormous manpower and great landmass. Once this is done, the government and policy makers can pay attention to other sectors of the economy. It is significant to the government because it will make them aware of the contributions of the banks to agricultural productivity and also determine what more can be done in terms of polic... read more

One of the problems of tax administration in the three tiers of government in Nigeria is the improper identification of tax bases by the three tiers of government. The inability of the government to properly track all income by individuals and corporate entities eligible to pay tax has contributed to the decrease in revenue accruable to the government (Ross, 2004) The constitution of the Federal Republic of Nigeria 1999 as amended 2010, provides an approved list of taxes and levies accruable to ... read more

The study is beneficial to the management of Nestle Plc, other firms operating in the food and beverage subsector in manufacturing industry in Nigeria and the academic society. The study educates the management of Nestle Plc on the rationale and importance of performance management. It enlightens the top management on the appropriate process and procedures to implement performance management that will not contradict the interest of various stakeholders. In addition, the study provides ba... read more

his study will be making use of five commercial banks, which are, First Bank, Ecobank, Union Bank, Wema Bank, Fidelity Bank. The information needed to carry out this study will be derived from their financial statements for the period of 2005 – 2015 (10 years). These banks have been chosen for this study due to some characteristics peculiar to them. The banks, First Bank, Union Bank, Ecobank, Wema Bank, and Fidelity Bank have been chosen for the singular reason that they have been in e... read more

n addition, the study is also important to the management of the organization as regards the policies to adopt that will definitely improve the risk management system in order to enhance business performance in line with insurance company’s management system. This is because effective and efficient risk management is an essential instrument for strengthening the business performances of insurance companies. In conclusion, this research is free to anyone who intends to conduct further ... read more