This research was carried out on the topic, problem and prospect of the computerized Accounting system in Nigeria Banks. Using the United Bank for Africa (UBA) Nigeria Plc, Ahmadu Bello way branch as a case study. The researcher intention was to find out how the use of the computerized accounting system is of benefit to Nigerian Banks to know whether the computerized accounting system can increase the speed at which withdrawals and deposits are made, to know the extent to which banks’ staff ha... read more

The economic growth and development of any economy largely depend on the ability to raise capital through the capital market. The Nigerian stock exchange is a place where the enormous capital which is required to operate the huge industrial and commercial cooperation today can be raised. Osaze (1991) asserted that the emergence of the institution of the Nigerian stock exchange is a spontaneous reaction of the enterprise economies. The significance reaction of the stock exchange in an economy ... read more

A buoyant and dynamic economy is the one built upon a sound financial system. Such finical system should be stimulated and maintained by the effective activities of an efficient capital market, which is the head of the “Stock Exchange”. The stock exchange therefore is the market where companies, raise capital on a short term and long term basis. This role of mobilization and allocation of funds to every sector of the economy which made it (Stock Exchange), the toast of investors has given... read more

Internal Audit Units are established in organizations in order to assist members of the Organization in the effective discharge of their responsibilities, monitor the use of resources and make recommendations for the improvement of the organizational operations. The day-to-day operation of an organization is delegated to the management by the Board of Directors. The head of the management often referred to as the Managing Director and Chief Executive Officer serve as a link between the Board ... read more

Auditing is an independent checking, investigation, examination and expression of the books of accounts and vouchers of a business enterprise with a view to enable the appointed auditor to report whether the trading, prodit and loss accounts and balance sheet are properly drawn up so as to show a true and fair view of the state of affairs and the profit or loss of the business according to the best information and explanation obtained by the auditor and that they comply with the laid down rules ... read more

An organization needs qualitative information to function or make decision; the available of such information make the organization to function in the most effective and efficient manner. This information is provided by the accounting system to the management, which uses it primarily to accomplish three (3) broad purposes, viz: i. To provide financial statement to interested external users ii. To plan the operations of the organization in both the short and long run.... read more

It is generally agreed that finance is the main stay of any economy, be it public or private sector. It is equally true that no meaningful development could be achieved without finance and proper management, as a result of this, many organizations establishes difference systems of control or ensure smooth running of their business of which internal auditing is an integral part. Basically, internal auditing ensures that all activities of the organization are carried out by employees according ... read more

Banking Industries (organizations) cannot operate without communication. Communication is the life source of every industry, because industries involve people. People cannot interact with each other without communication. In the absence of communication, everything would grind to a halt. According to James et’al (2009), communication is a means by which a thought is transferred from one person to another. It is also the process by which the person (group) share and impact information to ano... read more

Computerized Auditing System: A computer is an electronic device, which works faster than the ordinary human brain. Although a computer has no brain of its own to reason like a human being, it has in-built memories that enable it perform complex mathematical problems as fast as possible, faster than the human brain. The background of computing aids can be traced to China where merchants first made use of ABACUS, while the history of modern day computers is traced to French where Pascal in 1642 i... read more

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 ... read more

The main objective of writing this project “on the evaluation of financial abuse in the federal inland revenue service” is to bring to the notice of the readers the source from which government derived its revenue and how its expenditure controlled and also to identify the evaluation of financial abuse in the federal inland revenue service and some control measure which the government can adopt in order to present the financial abuse in federal inland revenue service. The appropriate gov... read more

Internal audit is an independent appraisal function established by the management of an organisation for the review of the internal control system as a service to the organisation. It objectively examines, evaluates and reports on the adequacy of internal control as a contribution to the proper, economic and effective use of resourcesThe essentials for effective internal auditing are:independence;The internal auditor should have the independence in terms of organisational status and personal obj... read more

The imperative of planning with the help of accounting information before the commencement of operations is essential for management to facilitate the decision making process of fundamental issues affecting the survival, wellbeing and growth of an organization. Accounting information is often regarded as a means to an end, with the ending being the decision that is helped by the availability of accounting information as described by Arneld and Hope(1990). Accounting information helps managers... read more

In Nigeria, the issue of financing active poor in both urban and rural areas through formal financial institutions is difficult (Ovia, 2007). Nigeria is facing various serious problems which are threats to the Nation economy (Anyanwu, 2004). According to National Financial Inclusion, in the provision of financial services, Nigeria lags behind many African countries. In 2010, 36% of adults – roughly 31 million out of an adult population of 85 million –were served by formal financial services.... read more

Education is obviously the basic instrument of economic growth and technological advancement of any society. It is in recognition of this fact that governments commit immense resources to ensure the provision of education for their citizens and also tailored their policies towards ensuring that it is made accessible to the generality of their citizenry (Oyebade et al., 2008). However, business education is an essential element of this general education. It is concerned with the impartation of bu... read more

Information and Communication Technology (ICT) has become a major tool for gaining competitive advantage in the corporate world and as such has been integrated into the operations of most high performing organizations in every economy. A recent policy note released by the World Bank says that information and communication technologies (ICTs) are transforming the world of work, creating new job opportunities and making labour markets more innovative, inclusive, and global. ICTs are influencing em... read more

Leadership is indeed a dynamic reciprocal process of personal influence by which a manager or a leader shapes the attitudes and activities of others towards the achievement or attainment of organizational objectives (Abogunrin, 1986). Even before the modern concepts of leadership came into being, the apostle of Jesus Christ, Paul in the Pastorals lists the qualifications for church leaders to ensure sustainable growth and survival (Dairo, 2007). These have remained the model for ages. For any ch... read more

Educational development in Nigeria has over the period been treated with kid gloves. For a nation to be able to compete favorably with its contemporaries, a lot has to be done and invested in educating its citizenry. For Nigeria as a country to be judged educationally developed, a lot has to be done and this should start from the mindset of our youths as the development of education in Nigeria has to be sustained by this vibrant age grade in other to make a lasting impression on the fabrics of t... read more

The studies of modern cost accounting yield an insight into both the accountant and management roles in an organization especially with relation to product costing. Management in most cases wants to know how to determine the cost of the products and often depend on cost accounting information for guiding their decisions. Decision making can be seen as making purposeful choosing from among a set of alternative cause of action in light of some objectives. Cost accounting information has a main pur... read more

An essential condition for the survival of a manufacturing industry or more generally of an organization lies on the ability of its members to act reliably and efficiently to achieve the objectives of the industry. The substantial coordination of behavior can be achieved in numerous ways. Supervision of managers and staffs of manufacturing industry is becoming ineffective. However it may be wished to maintain these ways of controlling but it would only be applied to the part of the industry (Bro... read more