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THE IMPACT OF INTERNAL CONTROL SYSTEM ON REVENUE GENERATION: (A CASE STUDY OF POWER HOLDING COMPANY OF NIGERIA (P.H.C.N) OKPARA AVENUE ENUGU)

CHAPTER ONE INTRODUCTION 1.0.    BACKGROUND OF THE STUDY Every organization has a purpose, which includes making some product and rendering some services at a price. For normal operations of the business organization, it is the product or services of the firm that cause cash receipts (revenue) to flow into the firm. Revenue is associated with products or service of a firm as source of expected cash receipts. Revenue is an event; an increase that applies definitely to value that is monetary. This increase occurs because the firm undertakes certain activities or there is any performance by the firm. Revenue therefore…

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THE IMPACT OF INTERNAL CONTROL SYSTEM ON REVENUE GENERATION: (A CASE STUDY OF POWER HOLDING COMPANY OF NIGERIA (P.H.C.N) OKPARA AVENUE ENUGU)

CHAPTER ONE INTRODUCTION 1.0.    BACKGROUND OF THE STUDY Every organization has a purpose, which includes making some product and rendering some services at a price. For normal operations of the business organization, it is the product or services of the firm that cause cash receipts (revenue) to flow into the firm. Revenue is associated with products or service of a firm as source of expected cash receipts. Revenue is an event; an increase that applies definitely to value that is monetary. This increase occurs because the firm undertakes certain activities or there is any performance by the firm. Revenue therefore…

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THE IMPACT OF IFRS ON THE SERVICES DELIVERED BY PRICE WATERHOUSE COOPERS (PWC) LAGOS, NIGERIA

CHAPTER ONE INTRODUCTION 1.1. Background to the Study Financial statements, apart from stating the financial position of an organization, provides other information such as value added, changes in equity, if any, and cash flows of the enterprise within a defined period time to which it relates (Iyoha and Faboyede, 2011). This information is useful to a wide range of users making informed economic decisions. The quality of financial reporting is indispensable to the need of users who require them for investment and other decision making purposes. Financial reports can only be regarded as useful if it represents the “economic substance”…

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THE IMPACT OF IFRS ON THE SERVICES DELIVERED BY PRICE WATERHOUSE COOPERS (PWC) LAGOS, NIGERIA

CHAPTER ONE INTRODUCTION 1.1. Background to the Study Financial statements, apart from stating the financial position of an organization, provides other information such as value added, changes in equity, if any, and cash flows of the enterprise within a defined period time to which it relates (Iyoha and Faboyede, 2011). This information is useful to a wide range of users making informed economic decisions. The quality of financial reporting is indispensable to the need of users who require them for investment and other decision making purposes. Financial reports can only be regarded as useful if it represents the “economic substance”…

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THE IMPACT OF FINANCING INFRASTRUCTURAL FINANCING (A CASE STUDY OF AKWA IBOM STATE)

ABSTRACT The analysis shows the effect of administrative/ management lags and lapses in the implementation of infrastructural policies. Consequently, there was a lag in the budgeting of funds for projects, inadequate planning and poor government attention on ongoing projects that lead to their abandonment by contractors.Part of developments in any country, state or local government, is widely held to be infrastructural. Infrastructural development, in a simplistic sense connotes the increase improvement in industries and production processes leading to greater output of goods and services as well as the welfare of the citizenry. A total of three (3) questionnaires were subjected…

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THE IMPACT OF FINANCING INFRASTRUCTURAL FINANCING (A CASE STUDY OF AKWA IBOM STATE)

ABSTRACT The analysis shows the effect of administrative/ management lags and lapses in the implementation of infrastructural policies. Consequently, there was a lag in the budgeting of funds for projects, inadequate planning and poor government attention on ongoing projects that lead to their abandonment by contractors.Part of developments in any country, state or local government, is widely held to be infrastructural. Infrastructural development, in a simplistic sense connotes the increase improvement in industries and production processes leading to greater output of goods and services as well as the welfare of the citizenry. A total of three (3) questionnaires were subjected…

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THE IMPACT OF FINANCIAL ACCOUNTING REPORT ON THE CORPORATE PERFORMANCE (A CASE STUDY OF NIGERIA BREWERIES PLC)

ABSTRACT The research work “The Impact of Financial Accounting Report on the Corporate Performance”, basically aims at how financial accounting reports has helped in advancing the objectives of corporate organizations. In the process, it investigated the effect financial accounting bears on the performance of a business. Furthermore, it sought to ascertain the compliance of relevant statue by corporate organizations and the overall satisfaction on stakeholders in a corporate organizations. The study obtained its data basically from primary and secondary sources. The primary source of data collection employed were questionnaire, oral interview and observations, while the secondary source of data included…

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THE IMPACT OF FINANCIAL ACCOUNTING REPORT ON THE CORPORATE PERFORMANCE (A CASE STUDY OF NIGERIA BREWERIES PLC)

ABSTRACT The research work “The Impact of Financial Accounting Report on the Corporate Performance”, basically aims at how financial accounting reports has helped in advancing the objectives of corporate organizations. In the process, it investigated the effect financial accounting bears on the performance of a business. Furthermore, it sought to ascertain the compliance of relevant statue by corporate organizations and the overall satisfaction on stakeholders in a corporate organizations. The study obtained its data basically from primary and secondary sources. The primary source of data collection employed were questionnaire, oral interview and observations, while the secondary source of data included…

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THE IMPACT OF DOMESTIC INVESTMENT ON THE ECONOMIC GROWTH OF NIGERIA, (2008 – 2013)

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Since the attainment of independence in 1960 various policies of the Nigerian government have been geared towards promoting the growth and development of the Nigeria economy by influencing the trends of Gross Domestic Investment or indirectly through policies aimed at stimulating the flow of finance in any growing economy. Several literatures have shown that there is a nexus between increase in Real Gross Domestic Investment and economic growth of the Nigerian economy. Real Domestic investment in the economy is an acceptably way of increasing capital formation in the economy thus increasing productivity,…

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THE IMPACT OF DOMESTIC INVESTMENT ON THE ECONOMIC GROWTH OF NIGERIA, (2008 – 2013)

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Since the attainment of independence in 1960 various policies of the Nigerian government have been geared towards promoting the growth and development of the Nigeria economy by influencing the trends of Gross Domestic Investment or indirectly through policies aimed at stimulating the flow of finance in any growing economy. Several literatures have shown that there is a nexus between increase in Real Gross Domestic Investment and economic growth of the Nigerian economy. Real Domestic investment in the economy is an acceptably way of increasing capital formation in the economy thus increasing productivity,…

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