CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Fiscal policy measures in Africa have been largely driven by the need to promote such macroeconomic objectives as raising revenue to finance rapid economic growth of their economies, generating employment, maintaining price level and exchange rates stability and balance of payments equilibrium. To achieve these objectives one of … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Small businesses are seen as one key source of economic growth. For this reason, myriad economic policies have been devoted to promote the economic activity within small businesses (Buss 2001). Small and medium enterprises (SMEs) form the core of majority of the world’s economies. A study carried … Read more
EFFECT OF TREASURY SINGLE ACCOUNT ON MANAGEMENT OF PUBLIC SECTOR FUND – FEDERAL SECTOR ESTABLISHMENT CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY In 2015, Central Bank of Nigeria issued a circular directing all deposit money banks to implement the Remita e-Collection Platform. The Remita e-Collection is a technology platform deployed by the Federal Government … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The recent global financial crisis, which had its roots in the banking sector, highlighted, except from the existing regulatory gaps, the lack of proper and efficient internal audit functions within the banking institutions in order to mitigate the resulting negative effects. The burst of the credit crunch … Read more
ASSESSMENT OF IMF LOAN POLICY ON ECONOMY DEVELOPMENT OF NIGERIA. CIVILIAN RULE 1999-2015 CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Development is a universal attribute of man and matter, of society and nature, but the direction and speed of the process in man and society can effectively be controlled, and in nature, considerably influenced, … Read more
Held up as the best government accounting ideas that the global accounting profession has to offer. IPSAS therefore has become recognized benchmark for evaluating and improving government accounting in developing countries. IPSAS are primarily intended for adoption by developing countries. The World Bank for example has endorsed the use of IPSAS in accounting for its … Read more
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY The auditing profession performs a role in giving reasonable assurance to the public and users’ of financial statements, specifically investors and creditors, of the reliability and credibility of a firms’ financial statements. To fulfill this role, there are several principles that auditors should espouse. One of the … Read more
CHAPTER ONE INTRODUCTION 1.0 BACKGROUND TO THE STUDY As the stakeholders become dissatisfied with the work of the audit profession, their confidence in audited financial statements will erode with time if nothing is done to remedy the situation. Best, Buck by and Tan (2001) claim that society’s trust is the ‘heart-beat of a profession’. Hence, … Read more
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Tax is any form charge levied on a person or an institution by a governing body or its equivalent such that defaulted payment is punishable by law. The imposition of taxes and the institution of taxing is as old as civilization itself cutting across religion, race and … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Firms are essential building blocks of any nation’s growth and development. As business units, it is natural for firms (no matter their nature and form) to experience risks and opportunities. What determines the survival rate of a firm is the set of mechanisms it has put in … Read more