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THE ADMINISTRATION OF VAT IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY It has been widely believed that every nation, irrespective of its status in the global economy aspires a major goal and enhances the economic well being of its citizens within it’s area of jurisdiction.  The nations goal can only be achieved through economic growth and development, which […]

THE ADOPTION AND IMPLEMENTATION OF INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) ISSUES AND CHALLENGES ON NIGERIA ECONOMY

ABSTRACT This research work titled adoption and implementation of International Financial Reporting Standard (IFRS) Issues and challenges on the Nigeria economy. The researcher examined the relationship between IFRS Adoption and gross domestic product of Nigeria. Evaluated the effect of IFRS disclosure requirement on the National income of Nigeria.  Determine the impact of IFRS Adoption on the […]

ASSESSMENT OF THE CONTRIBUTION OF COMMERCIAL BANKS TO ECONOMIC GROWTH IN NIGERIA

ABSTRACT The study focused on the contributions of commercial banks to economic growth of Nigeria. The specific objectives of the study include: to examined the effect of commercial bank loans on the gross domestic product, to ascertain relationship between commercial bank and total revenue in Nigeria, to determine the correlation between commercial bank and total […]

EFFECT OF BANK CONSOLIDATION ON PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA

ABSTRACT The central tenet of banking sector consolidation was to develop a strong, reliable and diversified banking sector that is capable of playing effective developmental roles in the economy, such as funding of small and medium scale enterprises and becoming a competent and competitive player in the African regional and global financial system. In essence, […]

RE-EXAMINE THE FINANCIAL DEVELOPMENT AND THE COMPOSITION OF INDUSTRIAL GROWTH PUZZLE FROM THE PERSPECTIVE OF BANK PERFORMANCE AND STOCK MARKET DEVELOPMENT

ABSTRACT This work examines the relationship between financial development and industrial growth in Nigeria. It focuses on the impact of stock market and bank deepening variables such as market capitalization, value traded, turnover ratio referred to as Stock Market Development SMD in the study as well as Bank Credit to Private Sector (BCP) to capture bank deepening […]

PREPARATION OF FINANCIAL STATEMENTS AND THE NIGERIAN ACCOUNTING STANDARD

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY In the past decade business environment undergoes a number of significant changes. A great evolution has taken place in the management operation and their responsibilities on meeting these dynamic changes. Financial statements are formulated by legal and regularized institutions within a country and also globally. The […]

CORPORATE GOVERNANCE AND BANK PERFORMANCE

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The bank is committed to the principle of best practice in corporate governance which aims at ensuring integrity, openness, credibility, transparency and accountability in all facets of its business, Annual Report (Zenith, 2009). Corporate Governance is the process by which a board of directors through its management […]

THE PUBLISHED CORPORATE ANNUAL REPORT AND ACCOUNT TO STAKEHOLDERS

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND INFORMATION Corporate organization such as limited companies distribute financial information to stakeholders both to shareholders and other financial parties having financial interest in business, by way of annual reports and accounts. This action in turn tends to produce pertinent information package with beneficial content to management, government and the general […]

IMPEDIMENTS IN ADOPTING INTERNATIONAL FINANCIAL REPORTING STANDARD IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY Couple of years back, what is now known as International Financial Reporting Standard (IFRS) witnessed worldwide spread debate. However, today scholars and researchers are devoting significant time and interest on the subject matter, this can be traced to the demands of globalization. According to Erahan and […]

AUDITORS INDEPENDENCE AND CONFLICTS OF INTEREST

CHAPTER ONE 1.1     INTRODUCTION Auditing as a profession is carried out by an accountant in public practice. Accounting is a profession; Professions have certain characteristics including ethical codes and rules of conducts. Hence, professional conduct is frequently found in auditing examination, as examiners see auditing papers as a suitable vehicle for examining ethics, even when […]

INTERNAL AUDIT AS A MANAGEMENT TOOL

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY This is a research project. The subject of study is “Internal Audit as a Management Tool”. The choice of the subject matter reflects the researcher desire to shed light on the efficiency and effectiveness of internal audit of corporate organization such as Banks, Manufacturing Company, Government parastatals, […]

THE IMPACT OF CORPORATE FINANCE SERVICES ON BANK’S PROFITABILITY

ABSTRACT This study review the corporate finance services as obtained in the Nigeria banking business. The major corporate finance discussed ranges from the capital market services, under which management of capital equity issue, marketing, packaging, advisory services were discussed. Add to other corporate finance services such as loan syndication, venture capital, merger and acquisition were […]

USING MANAGEMENT INFORMATION SYSTEM TO IMPROVE CUSTOMER SERVICES AND GROWTH IN THE BANKING INDUSTRY

ABSTRACT This research work was carried out in order to examine the extent of using management information system (MIS) to improve customers service and growth in Access Bank Enugu with so much emphasis on the impact of computerization on its operation. This survey made are of information from oral interview questionnaires and certain analysis of […]

IMPACT OF SERVICE QUALITY ON CUSTOMER RETENTION IN THE NIGERIAN BANKING SECTOR

IMPACT OF SERVICE QUALITY ON CUSTOMER RETENTION IN THE NIGERIAN BANKING SECTOR CHAPTER ONE INTRODUCTION 1.1 Background Of The Study The success rate of business organizations is undoubtedly dependent on their ability to establish customer satisfaction and brand loyalty (Iddrisu, Nooni, Fiankoc & Mensah, 2015). This is particularly true in the service industries, where connection […]

ASCERTAINING THE IMPACTS OF 2019 CBN CASHLESS POLICY DIRECTIVE ON MARKET ORGANIZATIONS (A STUDY OF ONITSHA MAIN MARKET)

BACKGROUND OF THE STUDY The Central Bank of Nigeria (CBN) in 2019 implemented its 2014 intended policy on cash-based transactions which stipulates a cash handling charge on daily cash withdrawals that exceed N500, 000 for Individuals and N3, 000,000 for corporate bodies. The new policy on cash-based transactions (withdrawals) in banks, aims at reducing (NOT […]

LIQUIDITY AND LOAN PORTFOLIO PERFORMANCE: EVIDENCE FROM THE NIGERIAN BANKING SECTOR

ABSTRACT One of the major indicators of financial performance is profitability .Every stakeholder in the banking sector is interested in liquidity and performance (profitability) of the bank, the Shareholders are interested in profitability of the bank because it determines their returns on investment. Depositors are concerned with the liquidity position of  their  banks because it […]

EVALUATING THE IMPACT OF RISK MANAGEMENT ON PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA

EVALUATING THE IMPACT OF RISK MANAGEMENT ON PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA ABSTRACT This study focused on investigating the impact of risk management on performance of firms in manufacturing sector in Nigeria within the period of 2007 to 2015. This study was carried out to investigate the impact of working capital management and investment […]

CORPORATE GOVERNANCE AND PROFITABILITY OF SELECTED MANUFACTURING FIRMS IN NIGERIA

CORPORATE GOVERNANCE AND PROFITABILITY OF SELECTED MANUFACTURING FIRMS IN NIGERIA ABSTRACT The objective of this study is to empirically investigate the relationship between corporate governance (measured by Board Size, Ownership Concentration and CEO Duality) and profitability (measured by Return on Asset and Return on Equity) of selected Nigerian manufacturing companies. The study adopted survey research […]

A SECTORAL ANALYSIS OF CRUDE OIL PRICE, EXCHANGE RATE AND STOCK PRICES IN NIGERIA, (2009-2016)

A SECTORAL ANALYSIS OF CRUDE OIL PRICE, EXCHANGE RATE AND STOCK PRICES IN NIGERIA, (2009-2016) CHAPTER ONE INTRODUCTION  Background to the Study Nigerian economy has relied heavily on importation of goods from foreign countries and has depended on crude oil generated revenue for over three decades. Crude oil revenue is the largest contributor to the […]

A CRITICAL ANALYSIS OF THE USE OF ACCOUNTING RATIOS TO MEASURE FINANCIAL PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF UNILEVER FINANCIAL STATEMENT FROM 2009 TO 2011)

CHAPTER ONE INTRODUCTION Over the years, one major aim of most organizations in Ghana is to improve on their financial performances through effective and efficient accounting and finance practices. Financial performance of every organization in recent times have gained top priority, as most users of accounting and financial statement have developed indents in the financial […]

THE IMPACT OF BANK LOANS ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA (A CASE STUDY OF CUSTOMERS IN UNITED BANK FOR AFRICA)

ABSTRACT Small and Medium enterprises are the catalyst for economic growth in most economies thus, the fundamental objective of this study is to investigate the impact of loans on Small and Medium Enterprises (SMEs) in Nigeria. So that the ability of SMEs to develop positively and drive economic growth in the Nigeria will become real. […]

THE ROLE OF MICRO FINANCE BANKS IN ENHANCING ENTREPRENEURSHIP AMONG WOMEN IN NIGERIA

THE ROLE OF MICRO FINANCE BANKS IN ENHANCING ENTREPRENEURSHIP AMONG WOMEN IN NIGERIA ABSTRACT Governments, donors and NGOs have over the years initiated and implemented programmes aimed at empowering women economically and socially. Despite these efforts some challenges still remain. Microfinance as tool for women empowerment has become the main subject of many global and […]

CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA

2.1       THEORETICAL FRAME WORK The need and criteria for lending have been extensively discussed in the literature review. U.B.S Dictionary of Banking and finance(1981) defined bank credit as the ability to borrow money on the promise of future  repayment. The prudential guidelines(1990) succinctly convey a more comprehensive definition of credit, it defines credit facility as […]

THE EFFECT OF CONSOLIDATION ON BANKS’ OPERATIONS EFFICIENCY IN NIGERIA ( A CASE STUDY OF FIRST BANK PLC)

THE EFFECT OF CONSOLIDATION ON BANKS’ OPERATIONS EFFICIENCY IN NIGERIA ( A CASE STUDY OF FIRST BANK PLC) TABLE OF CONTENTS Title page        –           –           –           –           –           –           –           –           –           –           i Declaration      –           –           –           –           –           –           –           –           –           –           ii Certification    –           –           –           –           –           –           –           –           –           […]

THE CONTRIBUTIONS OF UNITED BANK FOR AFRICA TO THE DEVELOPMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN KADUNA

THE CONTRIBUTIONS OF UNITED BANK FOR AFRICA TO THE DEVELOPMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN KADUNA Background of the Study In both developed and developing countries, the small scale industry is seen as the vehicle for rapid industrialization, sustainable economic growth and development, poverty alleviation as well as the seed bed of innovation […]

ROLE OF MICROFINANCE BANKS IN THE ECONOMIC DEVELOPMENT OF NIGERIA

ROLE OF MICROFINANCE BANKS IN THE ECONOMIC DEVELOPMENT OF NIGERIA TABLE OF CONTENT Title Page Declaration           –        –        –        –        –        –        –        –        –        – Approval page     –        –        –        –        –        –        –        –        – Dedication –          –        –        –        –        –        –        –        –        –        – Acknowledgement         –        –        –        […]

PROBLEMS AND PROSPECTS OF LENDING TO SMALL SCALE AGRICULTURAL PRODUCERS IN NIGERIA

PROBLEMS AND PROSPECTS OF LENDING TO SMALL SCALE AGRICULTURAL PRODUCERS IN NIGERIA TABLE OF CONTENTS TITLE PAGE          –           –           –           –           –           –           –           –           –           i DECLARATION     –           –           –           –           –           –           –           –           –           ii APPROVAL PAGE            –           –           –           –           –           –           –           –           –           iii DEDICATION         –           –           –           –           –           […]

MICROFINANCE BANKING AS A STRATEGY FOR SMALL SCALE AGRICULTURAL DEVELOPMENT

MICROFINANCE BANKING AS A STRATEGY FOR SMALL SCALE AGRICULTURAL DEVELOPMENT Background to the Study The revitalization of the agricultural sector has been the cornerstone of the government development policy. This is aimed at moving the country quickly to self-sufficiency in food production of agricultural raw materials for domestic agro-based industries. The need to increase agricultural […]

THE EFFECT OF CREDIT RECOVERY ON THE PERFORMANCE OF MICRO FINANCE BANKS IN NIGERIA

INTRODUCTION Financial institutions serves as an intermediary between the source of fund and its users for productive or personal purpose. Especially it is a temporary depository of excess fund of individual, private enterprises and government parastatals from which loan are granted to borrowers. Hutchison D. (2001) “Side financial institutions in business is considered to be […]

IMPACT OF AUTOMATED TELLER MACHINE ON CUSTOMER SATISFACTION IN NIGERIAN BANKS

TABLE OF CONTENTS Title page Declaration Approval page Dedication Acknowledge Table of content Abstract CHAPTER ONE: Introduction Background to the Study 1.2    Statement of Problem 1.3    Objective of the Study 1.4    Research Questions 1.5    Statement of Research hypothesis 1.6    Significance of the Study 1.7    Scope of the Study 1.8    Definition of key Terms CHAPTER […]

ENHANCING THE EFFECTIVENESS OF MONETARY POLICY IN COMBATING INFLATIONTIONARY PRESSURES: PROBLEMS, PROSPECTS AND REMEDIES

Monetary policy entails the government policies aimed at changing the quantity of money or credit condition. In every economy, after fiscal policy, the next most powerful macro-economic stabilization is monetary policy. In fact Monetary and fiscal policies are expected to work together as complements to achieve one goals of a sound macro economic management that […]

AN ASSESSMENT OF RISK MANAGEMENT AND CREDIT ADMINISTRATION IN UNION BANK PLC UYO

Background of the Study Risk Management is the identification assessment and prioritization of risks. It is the effect of uncertainty on objectives, whether positive or negative followed by coordinated and economic of application of resources to monitor and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities (Okeh, 2006). […]

AN ASSESSMENT OF REPOSITIONING THROUGH RECAPITALIZATION OF BANKING SECTORS IN NIGERIA

TABLE OF CONTENTS Title –        –       –       –       –       –       –       –       –       –       –       i Declaration –      –       –       –       –       –       –       –       –       –       ii Certification –      –       –       –       –       –       –       –       –       –       iii Dedication –       –       –       –       –       –       –       –       –       –       iv Acknowledgment –      –       […]

EMPLOYEE RELATIONS AND IT EFFECTS ON ORGANIZATIONAL PERFORMANCE

CHAPTER I INTRODUCTION Maintaining healthy employee relations in an organization is a pre-requisite for organizational success. Strong employee relations are required for high productivity and human satisfaction. Employee relations generally deal with avoiding and resolving issues concerning individuals which might arise out of or influence the work scenario. Strong employee relation depends upon healthy and […]

THE EFFECT OF ENVIRONMENTAL FACTORS ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE BUSINESSES IN NIGERIA (ENVIRONMENTAL FACTORS AND PERFORMANCE OF SMALL BUSINESS ENTERPRISE)

ENVIRONMENTAL FACTORS AND PERFORMANCE OF SMALL BUSINESS ENTERPRISE CHAPTER ONE BACKGROUND OF STUDY There is controversy that small and medium scale business in any country where they operate play important role in the economic growth and development of that country or nation and it improves the quality of life of individuals (Ohanemu, 2006). Business organizations […]

PERSONALITY AND ITS EFFECTS ON GROUP PERFORMANCE

ABSTRACT Group performance in every organization is very important, as it depicts the overall performance of the organization. If various individuals in an organization cannot work as a group, then the organization’s performance-both financial and operational will never be maximized. Group efforts and team work is the major ingredient in every successful organization, hence, the […]

A STUDY INTO INVESTORS RELIANCE ON FINANCIAL STATEMENTS ( A CASE STUDY OF UNION BANK, UYO BRANCH)

ABSTRACT Financial statements are the basis tools in which investors rely for making informed decisions concerning an organization. This study seeks to analyze how investors rely on financial statements and the study also shows how financial statements can be interpreted to users of financial statements. Questionnaires were administered through which data were collected the secondary […]

THE IMPACT OF FINANCIAL LITERACY ON THE PROFITABILITY OF SMALL SCALE ENTERPRISES IN CALABAR MUNICIPALITY, CROSS RIVER STATE

ABSTRACT The focus of this research is on the impact of financial literacy on the profitability of some small scale enterprises in Calabar Municipality, Cross River State. An enquiry into their level of adoption of financial literacy was also studied. A review of related literatures was carried out to examine the extent of work done […]

CURBING UNEMPLOYEMENT IN NIGERIA (A CASE STUDY OF NATIONAL DIRECTORATE OF EMPLOYMENT ANAMBRA STATE

ABSTRACT The research work focuses on graduate unemployment and how the National Directorate of Employment (NDE) has helped in curbing it in Anambra state. The work is aimed at determining the cause and effect of Graduate Unemployment in Nigeria, highlight various policies and programmes put in place by the Government to curb unemployment, assess the […]

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN UYO LOCAL GOVERNMENT AREA

ABSTRACT Nigeria’s economy is characterizedverybylarge numberarelativ of micro enterprises, and in between lie small and medium enterprises (SMEs). The unique feature of most SMEs is that, they can be easily established since their requirement in terms of capital, technology; management and even utilities are not as demanding as it is the case of large enterprises. […]

A STUDY INTO THE MANAGEMENT OF EMPLOYEE GRIEVANCES IN AN ORGANIZATION (A CASE STUDY OF SOME SELECTED FIRMS)

ABSTRACT Maintaining good employee-employer relationship is one criteria for an organization to succeed. If employees are not happy with management and their fellow colleagues at workplace, organizational goals will never be achieved. this study tends to study the relationship between employee grievance and the performance of the organization, as well as developing various employee relations […]

WORKING CAPITAL MANAGEMENT PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA ( A CASE STUDY OF SOME SELECTED SMES IN UYO)

ABSTRACT The main thrust of this study is to unveil the working capital management practices of small and medium scale enterprises in Akwa Ibom Stateof Nigeria. A well designed and implemented working capital management is expected to contributes positively to the creation of a firms values. The study used descriptive and analytical sample survey for […]

THE IMPACT OF ROAD NETWORK ON THE MARKETING OF AGRICULTURAL PRODUCE IN NIGERIA

TABLE OF CONTENT Title page Certification Dedication Acknowledgement Abstract Table of content Chapter one Background of the study Statement of research problem Objectives of study Statement of hypothesis Significance of study Scope of study Definition of terms Chapter two Review of related literature 2.1 The nature of agricultural produce in Nigeria 2.2 The role of […]

THE ROLE OF ACCOUNTING RATIO ANALYSIS IN MEASURING FINANCIAL PERFORMANCE OF A FIRM AND AIDING INVESTMENT DECISIONS

ABSTRACT This study explains the various accoutning ratios that can be used in interpreting financial statements of businesses to determine the financial position of the firm as well as aid investors to make informed decisions. Questionnaires were distributed to 25 manament and non-management staff of MTN Uyo Office. Both primary and secondary sources of data […]

CHALLENGES OF BUDGET IMPLEMENTATION IN NIGERIA

TABLE OF CONTENT Title page Certification Dedication Acknowledgement Abstract Table of content CHAPTER ONE: INTRODUCTION Background of the study Statement of the problem Objective of the study Research questions Significance of the study Statement of research Scope and limitations of the study Definition of terms/ concepts CHAPTER TWO: LITERATURE REVIEW The origin of budget Review […]

A STUDY INTO THE IMPACT TAX REFORMS ON INVESTMENT DECISIONS IN GHANA (A CASE STUDY OF GHANA REVENUE AUTHORITY, ACCRA)

CHAPTER ONE 1.0 INTRODUCTION Every government and most especially those in the developing economies are concerned about the economic growth of their nation. As a result, they put in much effort to achieve higher rate of economic growth and raise the standard of living of its citizens. The critical issue has been how to attract […]

EVALUATION OF THE ROLE OF SOCIAL AND ECONOMIC INFRASTRUCTURE IN THE PROMOTION OF BUSINESS ACTIVITIES IN NIGERIA (A CASE STUDY OF SOME SELECTED SMES IN ABUJA)

EVALUATION OF THE ROLE OF SOCIAL AND ECONOMIC INFRASTRUCTURE IN THE PROMOTION OF BUSINESS ACTIVITIES IN NIGERIA (A CASE STUDY OF SOME SELECTED SMES IN ABUJA) CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The focus on economic development has shifted in recent years from public-sector led economic development to private sector driven economic development. […]

THE CONTRIBUTION OF INSURANCE COMPANIES TO THE GROWTH OF SMALL AND MEDIUM SCALE BUSINESSES IN UYO (A CASES STUDY OF NICON)

ABSTRACT The purpose of this study was to establish the relationship between the contributions of insurance companies and the growth of SMEs in NICON basing on the following objectives; to examine major factors that affects the growth of SMEs; to assess the contribution of insurance companies to the growth of SMEs; to investigate the factors […]

THE ROLE OF INSURANCE IN MINIMIZING BUSINESS RISK ( A CASE STUDY OF SMALL AND MEDIUM SCALE BUSINESSES IN UYO)

THE ROLE OF INSURANCE IN MINIMIZING BUSINESS RISK ( A CASE STUDY OF SMALL AND MEDIUM SCALE BUSINESSES IN UYO) ABSTRACT SMEs are noted as the foundation of the emerging private sector in developing countries and government’sassistance is paramount to sustainin contribution to the country’s economyenhance (Worl performance of SMEs, little or no attention is […]

THE IMPACT OF VENTURE CAPITAL FINANCING ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA (A CASE STUDY OF UYO LOCAL GOVERNMENT AREA)

ABSTRACT The study looked at the Impact of Venture Capital Financing on SMEs in the Uyo Local Government area. Efforts by successive Government to improve on the performance and growth of SMEs had led to the enactment of different policies and act including the Venture Capital Fund to assist SMEs. SMEs still in Nigeria have […]

IMPACT OF SOCIAL NETWORKING SITES ON EMPLOYEE PERFORMANCE (A CASE STUDY OF GUARANTEE TRUST BANK PLC)

CHAPTER ONE INTRODUCTION 1.1. Background Social networking is creating a dramatic changes or dynamic in the environment but it’s obvious it is creating changes. Social networking an online medium of interaction which let people build relations, share ideas, communicate information and bounding society in sentimental stream. Social networking is making dramatic growth in dynamic environment […]

PROMOTION OF SMALL SCALE ENTERPRISES AND THEIR CONTRIBUTION TO THE ECONOMIC GROWTH OF NIGERIA

PROMOTION OF SMALL SCALE ENTERPRISES AND THEIR CONTRIBUTION TO THE ECONOMIC GROWTH OF NIGERIA CHAPTER ONEINTRODUCTION 1.1 BACKGROUND OF THE STUDY The production of goods and services in the most efficient manner has continued to be the only viable and reliable option for development, growth and survival of any economy. SMEs have been fully recognized […]

AN EVALUATION OF CAPITAL STRUCTURE AND PROFITABILITY BUSINESS ORGANIZATIONS ( A CASE STUDY OF SOME QUOTED COMPANIES IN NIGERIA)

LITERATURE REVIEW In the course of this research work, the researcher reviewed work done by different authors on the research topic and related topics. The review started with the implications of capital structure. 2.1 IMPLICATION OF CAPITAL STRUCTURE Capital structure of a business organisation has its risk and reward implications for equity investors. Reward Implication: […]

BUDGET AND GUDGETARY CONTROL AS A MANAGERIAL TOOL IN AN ORGANIZATION

2.1   INTRODUCTION         This chapter is devoted to the review of relevant literature and contributions of several authors and researchers to the area of budgeting. In this chapter, the historical perspective and the basic principles of budgeting will be discussed. Various definitions for a successful budget administration and budget preparation process will be looked into.  Also, […]

THE IMPACT OF BUDGETARY CONTROL ON THE PROFITABILITY OF AN ORGANIZATION

LITERATURE REVIEW 2.1     INTRODUCTION           The budget serves as a vehicle through which the actions of the different parts of an organization can be brought together and reconciled into a common plan.  All organization whether economic, social or political make plans for the future. Organization and companies have limited resources and these scarce resources impose limits […]

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