Grace of God Mission started in the late seventies, but was registered as a corporate body under the “Land Perpetual Succession Act Lap 98” on 14th October, 1980. Grace of God Mission as one of the leading and dynamic Pentecostal churches in Nigeria has a network of branches across each region of Nigeria and some branches outside Nigeria. However, Awkunanaw began as a local church branch in 1984 under the pastoral care of late Rev. Raymond Iwundu. The church at Awkunanaw grew like mu... read more

This research study is based on the problems and prospects of local government finance in Nigeria; it is a comparatively study of Enugu North and Enugu South Local Government of Enugu State. The study is divided into give chapters, each focusing on particular aspect of the subject. Chapter one covers the general introduction to the subject. Statement of problems, statement of objectives, test of hypothesis, significance of study, limitation and scope of the study, and finally the definition... read more

This study, an analysis of development in Nigerian balance of payment (1995 – 1999) was carried out to assertion whether Nigeria has been paying her wages internationally to examine the statement with a view to determine what recent developments have taken place in Nigerians foreign trade and others transaction with the rest of the world. Information was collected using literary method i.e. various publications, textbooks newspapers, magazines and journals. Also, oral interviews were ... read more

This researcher work was embarked upon to study the efficiency of monetary policy in controlling inflation in Nigeria. The need for this study was informed by the trend of inflationary growth over the years, the impact of inflation on the achievement of the four basic goals of monetary policy: economic growth, price stability, inflationary rate or favourable balance of payment. May research work have been carried out on this issue previously but despite all good policies of government and ... read more

Management should be particularly interested in knowing the financial strengths of the firm to make their best use and to be able to spot out the financial weakness of the firm to take suitable corrective actions. Thus, Economic analysis is the starting point for making plans, before using any sophisticated forecasting and budgeting procedures. The strength and weakness of the firm need to be understood, so that the firm will be at equilibrium through the use of the strengths. To proper advan... read more

Events over the years have shown that investors present and potential wants to invest their funds in anticipation of good future returns INVESTMENT APPRAISAL TECHNIQUES and its resultant making of decision is critical to all investors (both institutional and individual investors) aspiring to expand their investment income. The purpose of this write up arose from the need to determine whether: - The theoretical investment evaluation techniques are being adopted by invest... read more

Almost all kinds of business activities directly or indirectly involve the acquisition and use of funds. There exists an inseparable relationship between finance on the hard and production and other functions on the other. In a business set up, the functions of recruitment and promotion of employees are clearly the work of the personnel department. Sales promotion policies come within the functions of the marketing department. These activities performed by these departments (personnel and marke... read more

The world over continues to grow in population, size and sophistication Technology. It becomes a sector on which the teeming population depends in for knowledge also grows. Be it as it may, the Nigerian situation is such that we, for the state of advantages associated with technological growth have started computerizing most business and educational operation in our higher institutions of learning and business organizations big and small. Two of such organizations are A.G Leventis and Pak –... read more

The research paper fraud detection and control in payroll department. The aim of conduction this research is to investigate into the cause of alarming rate of fraud and its control in the payroll of our various ministries, identify the effect and suggest possible solution towards archiving fraud free in our organization payroll. In other words, the aim of the study is to ascertain, explained and highlight the reason for fraud in the payroll department and the organization in general, how can ... read more

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 b... read more

existence in Nigeria under the name “the association of accountants in Nigeria” this association was absorbed by our institute created by an act of parliament No 15 of 1956 which came into force on 1st of September 1965. the institute has over 17,000 member and 90,000 student on its register presently. The institute of chartered accountant of Nigeria (ICAN) is the only professional accountancy body in Nigeria and its qualification which allows it members to call themselves chartered acco... read more

The society at large views public money as an opportunity to enriching themselves since it is not for any body beside it is our nation cake as always stated. People with questionable intentions makes good use of this opportunity in looking away most of this funds which were kept under their control as leaders. It is on the above points, that the research had carry out a critical research with a view to knowing the extent of accountability in the public expenditure. Carr... read more

Taxes in modern economics are the most important source of government revenue. The are compulsory levies that are regularly imposed, and as a rule, not designated for a special purpose they are regarded as a contribution to the general revenue pool from which most government expenditure are financed. Taxation occupies a principal position in the Nigerian economy as in other countries. Value – Added –Tax was introduced in Nigeria currently to replace the old sales tax. The old sales... read more

An audit is the independent examination of, and expression of Opinion on the financial statements of enterprises by an auditor. In pursuance of this objective, he may disclose defalcations and irregularities, which are capable of impairing the truth and fairness of the financial statement. In recent years there has been considerable debate over the extent of the statutory auditors responsibility for the detection of fraud. This has been stimulated by the continued uncertainty ove... read more

Business organizations need planning to achieve their aims and objective. It thorough planning in an organization cannot be done without involving the act of budgeting. The management has the purpose of providing a feed – foreword process. The concept of feed-forward =process in to provide each manager with guideline for making operation decision on a day –to- day basic. Budgeting deals with plans and monitoring activities to ascertain whether they conform to the plans. This is the contro... read more

A company’s financial statements are analyzed internally by management and externally by investors and creditors. Management analysis of financial statements primarily relates to parts of the company which enables management to plan, evaluate, and control operation within the company. Investors and creditors generally focus their analysis of financial statements on the company as a whole, which helps them decide whether to invest in or extend credit to the company. As a minimum, financi... read more

The concept of internal control system is becoming increasingly useful in the practice of modern audit that it will be worth while understanding the subject matter and the role it plays in the effective management of a business enterprise. The existence of internal control system in an organization is of great assistance to both the management and the auditions of such an organization. Not only does it aid the management in the process of decision making, it also provide a base upon... read more

During the pre – Babangida administration years, the Nigerian currency was above the dollar and at par with the pound, but now, the naira seems to be tumbling down the abyss. Exchanging for #44 to the United States dollar and #120 to the pound sterling in the parallel market as at October 1994 and despite the official rate for the pound sterling at 336 to one dollar and #68 to one pound in the official market. The question is how did we get to this present stage? What happened between 1995 and... read more

It is feared that the inability of management to ensure effective enforcement of rules and regulation have rendered that operations of internal control system as the banking industry open to abuse. The net effect could be that every on carries out his schedules off duties in any manner he likes which consequently gives those wishing to commit fraud their long expend golden opportunity. Prior to 1952, there was no forms of Banking art or ordinance to regulate the establishment and operation... read more

In Nigeria, local government reform has been a continues exercise. No single regime-colonial or indigenous, civil or military, regional or state government that came to power passed without making attempt of reforming the local government system. Even though the 1976 reform has surpassed all its predecessors, it was in fact part and parcel of the continuing structural adjustment of the country’s political evolution and development. On the whole, the 1976 reform was a major departure from the... read more