"The Role Of The Accounting Profession To The Nigeria Economy" Essays and Research Papers

  • The Role Of The Accounting Profession To The Nigeria Economy

    AFFECTING ACCOUNTING PRACTICE IN NIGERIA AND THE WAY OUT Accounting Practice refers to the routine manner in which the day-to-day financial activities of a business entity are gathered and recorded. A firm's accounting practice refers to the method by which its accounting policies are implemented and adhered to on a routine basis, typically by an accountant and/or auditor or a team of accounting professionals. In another context, an accounting practice is intended to enforce a firm’s accounting guidelines...

    Accountancy, Accountant, Audit 1758  Words | 6  Pages

  • Effect of I.T on Accounting System in Nigeria

    Effect of I.T on Accounting System in Nigeria 1.0 Introduction Information Technologies significantly affect human as well as other animal species' ability to control and adapt to their natural environments. The human species' use of technology began with the conversion of natural resources into simple tools. Information technology (IT) has created significant benefits for various profession as well as deferent aspect of the world economy. The application of the networks system has shortened...

    Accountancy, Accountant, Bookkeeping 2153  Words | 7  Pages

  • Accounting Professions

    Accounting Professions Report In the field of accounting, there are three main professions that are highly in demand. The professions are 1) Chartered Accountants (CA) 2) Certified General Accountants (CGA) 3) Certified Management Accountants (CMA) Each of these professions requires special practice sessions, education, training, and loads of experience. Nationally and internationally these jobs are highly in demand for its standards and for its stature. Overall, this report will inform...

    Accountancy, Accountant, Certified General Accountant 1232  Words | 4  Pages

  • Ethics In Accounting And The Accounting Profession

    ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING  To provide true knowledge of the financial transactions taking place.  To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA...

    Accountancy, Accountant, Business 398  Words | 5  Pages

  • History of Accounting in Nigeria

    History of Accounting in Nigeria The institutionalization of Accounting started in Britain, from where Accounting was imported to Nigeria. During the preindependence period, in Nigeria, especially before the establishment of the Collages of Arts and Sciences (particularly the one in Ibadan), people who wanted to enroll into accounting profession had to be trained through article ship. This meant that, they had to be attached as apprentices to those in the profession already. When the College of...

    Accountancy, Accountant, Ahmadu Bello University 714  Words | 3  Pages

  • Nigeria: The Economy And Military Super Power

    political dynamic in Africa and the role Nigeria now plays. In the past several weeks there have been numerous reports via and through the media suggesting that Nigeria has surpassed South Africa to become the most super Economy Power in Africa! Such media reporting appears to be authentic on the basis that albeit South Africa has been a/the leading African economy for a while, most medias appear to now agree amidst a substantiated and demonstrated general African Economy of growth which has been moving...

    Africa, African Union, Atlantic slave trade 1885  Words | 6  Pages

  • The Effects of Technology in the Accounting Profession

    The effects of technology on the accounting profession are clear and undeniable. The advancements in technology have increased both the accuracy and efficiency of the accounting profession. Thus, the advancements also bring an increase to the education in the accounting profession. In order to stay competitive with today fast pace society accountants must become more and more technologically incline. The accounting profession has experienced remarkable growth and success in both the 20th and the...

    21st century, Accountancy, Accountant 1069  Words | 4  Pages

  • challenges facing accounting profession

    Background The accounting profession seems to be ever changing and is currently facing many challenges. It is a well-known truth that the world we live in is changing at a great speed. The accounting profession does not make an exception and it can be said that it is constantly changing, reorganizing and standing in front of many challenges of the modern world. Nowadays, accounting standards are undergoing the most significant reorganization in nearly a century with the Financial Accounting Standards...

    Accountancy, Accountant, Accounting software 845  Words | 2  Pages

  • Accounting

    the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) to harmonise accounting amongst all countries across the globe. The objective of harmonisation is to ensure that financial reporting around the globe is prepared using the same accounting standards or accounting rules. Preparing accounts using the same accounting standards ensures that there is comparability of accounts prepared in different countries. Common accounting standards eliminate...

    Accountancy, Accounting software, Accounts receivable 1211  Words | 4  Pages

  • Accounting Profession

    IMPACT OF TECHNOLOGY ON THE ACCOUNTING PROFESSION - A STUDY OF A CPA FIRM’S DISASTER RECOVERY PLANNING Stanley X. Lewis, Jr., Troy University Eddy J. Burks, Troy University Ernest W. King, University of Southern Mississippi Carl Smolinski, LSU-Shreveport ABSTRACT The results of an ongoing study of professional accounting firms in the U. S existing research methodology and results included in the 2006 IRMA International Conference reporting the strategic planning by a law firm pertaining to its disaster...

    2005 Atlantic hurricane season, Backup, Disaster recovery 2414  Words | 7  Pages

  • Impact of Ict on Accounting Practice in Nigeria

    The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1    Background of the study             In the recent past centuries, before the inception of Information and Communications Technology (ICT), the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports, carried out during accounting year ends, the preparation of accounting records, book such as the profit and loss account, the balance sheet...

    Accountancy, Accountant, Accounting software 1663  Words | 5  Pages

  • Accounting

    ← Abstract Faced with various issues of international accounting in cultural, economic, ethical and social level, after comparing US with China about the GAAP, analyzing the differences and difficulties in global accounting standard, it’s necessary to separate different accounting standards because of the diversification in different countries, it shows that accountancy professions play an important role in capital market, which can provide useful, relevant and reliable information to interested...

    Balance sheet, Economics, Financial crisis of 2007–2010 1874  Words | 7  Pages

  • accounting

    Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day, in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines, referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed, some 10,000 years ago, in the area known as Mesopotamia, later Persia, and today the...

    Accountancy, Accountant, Chartered Accountant 2329  Words | 10  Pages

  • Exposure of the Accounting Profession to Increasing Liability

    |Francis Marion University | |Exposure of the Accounting Profession To Increasing Liability | |Response of the Profession | | ...

    Audit, Auditing, Auditor's report 1710  Words | 6  Pages

  • Accounting Practice

    Accounting Practice: It is the routine manner in which the day-to-day financial activities of a business entity are gathered and recorded. A firm’s accounting practice refers to the method by which its accounting policies are implemented and adhered to on a routine basis, typically by an accountant and auditor or a team of accounting professionals. Accounting in Bangladesh: In Bangladesh, the profession of Accountancy developed during the British colonial period. Today it is represented by two professional...

    Accountancy, Accountant, Chartered Accountant 694  Words | 4  Pages

  • accounting

    enterprise’s social or environmental impact. 2. Explain how accounting assists in the efficient use of scarce resources. Accounting provides reliable, relevant, and timely information to managers, investors, and creditors so that resources are allocated to the most efficient enterprises. Accounting also provides measurements of efficiency (profitability) and financial soundness. 3. Identify some of the challenges facing accounting. Financial reports fail to provide (1) some key performance...

    Accountant, Accounting organizations, Accounting Principles Board 624  Words | 3  Pages

  • The Effects of Technology on the Accounting Profession

     The Effects of Technology on the Accounting Profession ACC/340 Neal Hennessy The Effects of Technology on the Accounting Profession The accounting profession has been around in one way or another for as long as people have traded goods and services. As the transactions between people have become more frequent and complex the accounting profession has become more and more essential and the tools used to perform its functions have become increasingly advanced. For the most part, the days of...

    Accountancy, Accountant, Accounting software 782  Words | 5  Pages

  • accounting in pre-pacioli era; genesis and impact on the development of accounting profession in nigeria

    THE DEVELOPMENT OF ACCOUNTING PROFESSION IN NIGERIA BY ABUBAKAR SALISU Mobile No.: +234-803-3860665 e-mail: smylisu@yahoo.co.uk Lecturer, Department of Accounting, Institute of Administration, Ahmadu Bello University, P. M. B. 1013, Zaria – Nigeria. Abstract This study traces the genesis of accounting in the pre-Pacioli era and evaluates its impact on the development of accounting profession and nation building. The study aims at increasing the knowledge of accounting history so that its...

    Accountancy, Accountant, Ancient history 5099  Words | 19  Pages

  • Decision Making and the Role of Accounting

    CHAPTER 1. DECISION MAKING AND THE ROLE OF ACCOUNTING. ACCOUNTING: The process of identifying, measuring, recording and communicating economic information to permit informed judgment and economic decisions by users of the information. THE NATURE OF ACCOUNTING: Accounting is a services activity (to business, government, charities, clubs and families). Its function is to provide and interpret financial information that is intended to be useful in making economic decisions. IDENTIFICATION:...

    Accountancy, Accountant, Business 890  Words | 3  Pages

  • Why Are Ethics Important in the Accounting Profession?

    Why Are Ethics Important In The Accounting Profession? Sheree Fletcher CE CAPSTONE COURSE FOR THE ASSOCIATES DEGREE IDS399 September 10, 2006 What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPA's, including those working as controllers or chief financial officers for organizations. When you hear the...

    Accountant, Applied ethics, Business ethics 1463  Words | 5  Pages

  • Nigeria

    Located in West Africa and bordering the Atlantic, Nigeria is a big country that occupies 356,667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal, gold, lead, iron, salt, copper, and zinc, but it is best known as a big producer of oil. Thanks to its size, population, and resources, Nigeria is dubbed as “the giant of Africa” (Falola, 4). According to World Bank Data of 2010, Nigeria has an annual percentage growth rate as 8.0%, one of the world’s...

    African slave trade, Atlantic slave trade, British Empire 1763  Words | 6  Pages

  • role of agriculture in nigeria

    THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects, Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for...

    Agriculture, Economic development, Economic growth 617  Words | 3  Pages

  • Accounting History

    HISTORY OF ACCOUNTING AND BUSINESS The history of accounting is as old as civilization, among the most important professions in economic and cultural development. Accountants invented writing, developed money and banking, innovated the double entry bookkeeping system that fueled the Italian Renaissance, were needed by Industrial Revolution inventors and entrepreneurs for survival, helped develop the capital markets necessary for big business so essential for capitalism, turned into a profession that brought...

    Accountancy, Accounting equation, Balance sheet 813  Words | 3  Pages

  • Role of an Accountant

    What is the role of an accountant? The role of an accountant is generally described as someone who handles the financial records of the business and prepares the financial statements for them. There are different types of accountants though, and this essay looks at what roles these are in particular, looking at how they are similar and how they differ from each other. This essay will look at the role of the accountant in smaller businesses, like family businesses, and the wider business environment...

    Accountancy, Accountant, Association of Chartered Certified Accountants 1357  Words | 4  Pages

  • Accounting in 15 Years- Reaction Paper

    Valdez, Victoria Janina V. FM42FC3 REACTION PAPER: ACCOUNTING IN 2015 What Will the Next 15 Years Bring?” By: Michael Alles, Alexander Kogan, and Miklos A. Vasarthelyi (Faculty members of the Rutgers University, Neawark, New Jersey, USA) The paper focused on single greatest change agent facing accounting in the next 15 years which is technology. Emerging trends in technology will fundamentally alter the way in which both business and accounting will be conducted. The measurement and reporting...

    Accountancy, Accountant, Accountants 1186  Words | 4  Pages

  • Effects of Technology on the Accounting Profession

    Effects of Technology on the Accounting Profession Effects of Technology on the Accounting Profession University of Phoenix ACC/340 Accounting Information Systems Effects of Technology on the Accounting Profession Businesses have become more competitive, consumers are more informed, and technology has changed the way the world communicates. Information technology (IT) and the resulting ‘information age’ are continuously impacting every facet of accounting. (Bagranoff, Simkin, & Strand-Norman...

    Accounting software, Balance sheet, Balanced scorecard 1022  Words | 3  Pages

  • Impact of Fdi on Nigeria Economy

    An analysis of Foreign Direct Investment in Nigeria: The Fate of Nigeria’s Agricultural Sector. 1Ogbanje, E C, 2Okwu, O. J and 3Saror, S.F. ogbanjece@yahoo.com; +2348036350197 1Department of Agricultural Management, University of Agriculture, Makurdi 2Department of Extension and Communication, University of Agriculture, Makurdi 3Institute of Food Security, University of Agriculture, Makurdi Received 11th June, 2010, Accepted 19th December, 2010 Abstract The study analysed the fate of the...

    Agriculture, Capital, Capital accumulation 795  Words | 3  Pages

  • Role of Accounting and Mis

    Paper on Role of Accounting & MIS in Decision Making Submitted By Prof. Neeraj Dubey* Prof. Umesh Sharma** ………………………………………………………………………………….. *Faculty Department of Management Studies SRIIT Banmore, Gwalior (M.P.) Email: neerajsriit@gmail.com Ph.: 9425775758 ** Faculty Dept. of Management Studies M.P.C.T. Gwalior (M.P.) Ph.: 9301121672 Abstract In current scenario the professional decisions of the managers are based on organizational data and not merely the gut feelings of...

    Cost-benefit analysis, Decision engineering, Decision making 1329  Words | 6  Pages

  • Nigeria

    NIGERIA The Federal Republic of Nigeria comprises thirty six states and its Federal Capital Territory is Abuja. Nigeria is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast in the south lies on the Gulf of Guinea on the Atlantic Ocean. The Flag The flag of Nigeria consists of three equal sized vertical stripes - the right and left stripe are green; and the middle stripe is white. The Nigerian...

    English language, Goodluck Jonathan, Local Government Areas of Nigeria 1173  Words | 5  Pages

  • Nature of Auditing and the Public Accounting Profession

    Nature of Auditing and the Public Accounting Profession 1. Auditing neither creates goods nor adds utility to existing goods and therefore does not add value to business. Auditing exists only because it has been legally mandated. Auditing exists because it is needed by the company. It is beneficial to users who need assurance if their financial statements reflect economic conditions that occurred in a period. Without reliable information, companies might make less effective decisions which...

    Accountant, Audit, Auditing 1155  Words | 4  Pages

  • Integrity in Accounting

    Final Project: Integrity in Accounting “In 2001 and 2002 corporate giants like Enron, Global Crossing, and WorldCom were forced to declare bankruptcy, and massive accounting and other irregularities were revealed… In response to the public outcry that ensued, the [Sarbanes-Oxley] Act was enacted” (Lander, 2004, p. 1). Officials feared that because of these scandals in the financial reporting industry that investor confidence would be lost, which would cause the economy to deteriorate. The purpose...

    Accountancy, Accountant, Decision making 816  Words | 3  Pages

  • Solving Ethical Dilemmas in the Accounting Profession

    today’s world businesses and firms are required to uphold high levels of ethical behaviors for them to run successfully. There have been an overwhelming increased number of unethical behaviors in the accounting environment where a lot of accounting environment present accountants with many accounting dilemmas. Accountants handling any financial information such as companies financial statement must be operate out rightly in an ethical manner because such information is critical to a company’s well...

    Accountancy, Accountant, Accountants 1305  Words | 4  Pages

  • An Apprasal of the Activities of Nafdac in Nigeria Economy

    ROLE OF NAFDAC IN AIRFREIGHTING IN NIGERIA PRESENTED BY PROFESSOR DORA N. AKUNYILI (OFR) DIRECTOR-GENERAL (NAFDAC) AT A ONE-DAY SEMINAR ON OPTIMISING OPPORTUNITIES FOR AIRFREIGHT IN NIGERIA ORGANISED BY NIGERIAN SHIPPERS’ COUNCIL 24TH AUGUST 2006 INTRODUCTION: It gives me great pleasure to be invited to present a paper at this one day sensitization seminar with Theme Optimizing opportunities in the Airfreight industry, organized by the Nigerian Shippers Council for importers/exporters...

    Administrative law, Authentication, Counterfeit medications 2405  Words | 7  Pages

  • Forensic Accounting

    . INTRODUCTION The oxford Advanced Learners English Dictionary (2000:548) defines forensic as belonging to, used in, or suitable to a court of judicature or to the public discussion or debate. American Accounting Association (AAA) cited in Okoye (2000:1) defines accounting as the process of identifying, measuring, and communicating economic information to permit informed judgment and decision by the user of the information. Izedonmi (2000:1) sees auditing as an independent examination of the financial...

    Annual report, Balance sheet, Comprehensive annual financial report 1369  Words | 4  Pages

  • Report the Role of Accounting in Organizations and Society

    REPORT The Role of Accounting in Organizations and Society Accounting plays an important role in interfacing society and organization. As it is also mentioned in Burchell article “it is presumed that accountings are there to facilitate organizational and social actions.”As we know that accounting is helpful for structuring of organizational objectives, to reduce financial risk, to make financial decisions, it also helps organization to take into account different stakeholders interest like investors...

    Corporate social responsibility, Economics, Environment 895  Words | 3  Pages

  • Technology And The Accounting Profession

    copy will be given to the Accounting Department on completion of the job. The second copy will be filed with the R and M Department upon completion. A third copy will be with the R and M Department. This copy will sit in the scheduled jobs and then it will be stapled to the second copy and filed with it. The last copy should be sent to the Production Department where the work is actually being done. After the job is completed, the three departments involved (R and M, Accounting Department, and Production...

    Cost, Cost accounting, Costs 1140  Words | 7  Pages

  • Accounting Only Has One Role Which Is to Satisfy User Needs’ Critically Evaluate This Statement

    statement in question 3, ‘accounting only has one role which is to satisfy user needs’. I will research into what accounting actually is, what its role is, who are it users and how it is relevant to its users. I will also use various books, articles, lecture notes and a wide range of Internet sources to enable me to critically evaluate this statement. Accounting can be defined as the summarising, measuring and communication of financial transactions, by doing this, accounting aims to enable its users...

    Accountancy, Accountant, Finance 1840  Words | 6  Pages

  • Dilehmas in the accounting Profession

    already rendered. The next stakeholder is the clients themselves, the decision made on handling the discrepancies will affect the future of the company and its employees, as they could be out of work if the company closes. Another stakeholder is the accounting firm; If they decide to do the right thing it could cost them current and future revenue, again possibly affecting employees and their future earnings as well. The last stakeholder affected by the decision is Jane herself; she has her morals and...

    Accounts receivable, Audit, Auditing 1053  Words | 3  Pages

  • The Impact of Computers on the Profession of Accounting

    also an important factor for a company to use software. It makes efficient use of the advance technology and has ambition to discover more. Computers have the great impact on the profession of accounting. With the rapid growth of technology today, there is no doubt that computer will become a common asset in all profession. The program also allows the monthly payroll schedule to be calculated accurately, just by having all employees’ info like name, working hours, wages etc to enter in the database...

    Computer, Computer graphics, Computer science 968  Words | 5  Pages

  • A Mixed Economy: the Role of the Market

    A Mixed Economy: The Role of the Market A Mixed Economy: The Role of the Market From U.S. Department of State See More About: * mixed economy * free market economy * government intervention Ads 100Mbps Home Broadbandwww.TIME.com.my/FibreHomeBroadbandFastest In Msia @ RM179. Free Voice Calls & DECT Phone. Malaysia Scholarshipseducation.701pages.com/scholarshipFind Contact For Scholarships From These Universities! Online Universitywww.aiu.eduBachelors in Marketing, Earn your...

    Capitalism, Economic liberalism, Economics 832  Words | 3  Pages

  • Current Problems of Educational Development in Nigeria

    ISSUES IN NIGERIAN SCHOOL CURRICULUM COURSE CODE - LAS 310 LECTURER IN CHARGE - DR RUFAI CURRENT PROBLEMS OF EDUCATIONAL DEVELOPMENT IN NIGERIA The height the educational system in any given nation attains is a function of the attention the government and other stake holders pay to the sector. The development of the educational sector in Nigeria has been bedeviled by a variety of challenges, which have, in no small way retarded the educational development we’ve all been envisaging. Some...

    Curriculum, Education, History of education 985  Words | 4  Pages

  • Accounting: the Profession

    for you will depend upon your career goals. Earning one of the accounting-related professional certifications is no easy task; however, earning and maintaining your certification can increase your chances for advancement and promotion, enhance your reputation among colleagues and within the profession, and result in salaries that are higher than your non-certified peers as long as you remain ethical. The Profession of Accounting When most people go to college they think of what major would...

    Accountancy, Accountant, Certified Public Accountant 2646  Words | 8  Pages

  • China's Role in the World Economy

    China’s Role in the World Economy Abstract This paper aims to discuss China’s role as a major player in the global economy and the impact China will continue to have on the global economy. This paper will offer a summary of two articles entitled, China Pushes for Bigger Role in Reshaping the World Economy and Singapore sees India, China Role Growing, which discusses China’s transformation into a dynamic private sector-led economy and its integration into the global economy. I will also offer...

    China, Economy, Economy of the People's Republic of China 1420  Words | 4  Pages

  • Social Roles in the Caring Profession

    SOCIAL ROLES IN THE CARING PROFESSION Conventional families:Family is a network of interpersonal rights and obligations arising out of birth and marriage and extends across household boundaries. Personal choice is allowed for to some extent, as in marriage.Family ties are seen as binding together people of all ages and sex categories into groupings whose members feel responsibility to provide and supports each other. Such interdependence within families is seen as the moral basis of society, and...

    Complex network, Network theory, Nursing 1067  Words | 3  Pages

  • The Role and Effect of Merger and Acquisation in Bank Recapitalization in Nigeria

    company’s capital structure more stable. Essentially, the process involves the exchange of one form of financing for another, such as removing preferred shares from the company’s capital structure and replacing them with bonds. Recapitalization in Nigeria banking sector, has built a solid foundation for Nigerian banks to compete favourably with their counterpart world over. Recapitalization causes unemployment due to downsizing, merger and acquisition, it causes deflation as more money is raked from...

    Mergers and acquisitions 2095  Words | 7  Pages

  • The Role of the Economy in Presidential Elections

    The Role of the Economy in Presidential Elections There are many factors that can influence a presidential election in the United States. One of the most important factors is the economy. It is always one of the top debate topics which candidates must pay close attention to. What makes it such an important issue is that it does not matter what state the economy is. Whether it is in good shape or bad shape, it is still going to play a major role. However, if the economy is suffering than is...

    Al Gore, Democratic Party, Election 1588  Words | 4  Pages

  • accounting

    Accounting, or accountancy, is the measurement, processing and communication of financial information about economic entities. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. Accounting can be divided into several fields including financial accounting, management...

    Accountancy, Accountant, Big Four auditors 1677  Words | 6  Pages

  • Accounting

    What is a theory? In this book we consider various theories of financial accounting. Perhaps, there¬fore, we should start by considering what we mean by a 'theory'. There are various perspectives of what constitutes a theory. The Oxford English Dictionary provides various definitions, including: A scheme or system of ideas or statements held as an explanation or account (description) of a group of facts or phenomena. Explanation or Account (description) of a group...

    Accountancy, Accountant, Accounting organizations 2333  Words | 7  Pages

  • Managerial Accounting

    FY-01 Evolving role of Management Accounting Managerial accounting is the process of identifying, measuring, analyzing, interpreting, and communicating information in pursuit of an organization’s goals. Managerial accounting is an integral part of the management process, and managerial accountants are important strategic partners in an organization’s management team. The relation between accounting and management has been commonly expressed by the phrase, “Accounting is a tool of management”...

    Business, Certified Management Accountant, Control 1018  Words | 4  Pages

  • Accounting in Japan

    Japanese accounting system being significantly different from other national systems and what influences do you consider the Japanese system will have on international accounting in the future? INTRODUCTION Japan as an accounting jurisdiction is characterized by the dominance of the state (Haller and Raffournier, 2003). The accounting rules have been set out in the past fifty years as statute law with an implicit objective that accounting should contribute to the growth of the national economy (Haller...

    Accountancy, Accountant, Certified Public Accountant 1530  Words | 5  Pages

  • How IS has Affected the Accounting Profession

     How IS Has Affected the Accounting Profession Sarah Ralston Empire State College Author Note This Paper was prepared for Management Information Systems SMT 273754 taught by Professor Catherine White. Abstract This research paper will show the impact of information technology and information systems on the accounting profession. It will focus on internal and external auditing practices...

    Accountancy, Accountant, Certified Public Accountant 1934  Words | 12  Pages

  • Nigeria

    http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations, and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria,English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa, Igbo, Yoruba...

    Africa, Atlantic slave trade, Chimamanda Ngozi Adichie 1269  Words | 5  Pages

  • Economy of Nigeria

    ECONOMY OF NIGERIA Nigeria is a middle income, mixed economy and emerging market, with expanding financial, service, communications, and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011, and its emergent, though currently underperforming manufacturing sector is the third-largest on the continent, producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement, economic reforms of the past decade...

    Economics, Economy of Nigeria, Gross domestic product 5711  Words | 17  Pages

  • History of Accounting

    Advancement of Accountancy Profession in Nigeria: A Collaborative Effort of Practicing Accountants and the Academia By Abubakar Salisu B. Sc, M.Sc, MBA, ACA, AMNIM Lecturer, Department of Accounting, Ahmadu Bello University, Zaria. ABSTRACT The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional...

    Accountancy, Accountant, Accountants 2495  Words | 8  Pages

  • The Role of Government in Economy

    far government should interfere with the economy. Government has played an impact on the economy with the purpose to maximize the well-being of society. What governments generally do is to assure the economy grows at a steady pace, increase level of employment and stabilize the price level. However, whether government should take active policies to interfere with economy or just let it grow naturally has raised widely discussion. This essay discusses the role of government by analyzing both thought...

    Business cycle, Inflation, Keynesian economics 1216  Words | 4  Pages

  • The Role Of Financial Accounting

    The role of Financial Accounting "Accounting is an information system that included recording, classifying, presenting and analyzing of financial information."(Andy and Patrick 2003) Business firms need to prepare and publish various types of financial statements regularly. There are closely linkage between business activities and the decision marker. In business society, because of the scarce resources, the decision marker needs to make the reasoned choices through communicating with the financial...

    Balance sheet, Decision making, Economics 1243  Words | 3  Pages

  • Small Business in Sub-Saharan Africa: Major Constraints in [Nigeria]

    Small Business in Sub-Saharan Africa: Major Constraints in [Nigeria] Introduction The Federal Republic of Nigeria has an area of 923,768.00 sq kilometres and completely within the tropical zone (About.com 2005). Nigeria has a population which is estimated over 154 million. It is a 12th largest petroleum product producer in the world. Due to the surge in international oil prices during 2007-08, Nigeria administrated an annual GDP of US$352.3 billion and has the largest GDP compare...

    Business, Economic growth, Economics 1972  Words | 7  Pages

  • Cost Accounting Role

    Cost Accounting Role Cost accounting is valuable to an organization if it significantly improves the decision making process within the organization by providing accurate and timely input regarding the cost behavior in organizations. Generally based on standard accounting practices, cost accounting is one of the tools that managers utilize to determine what type and how much expenses is involved with maintaining the current business model. At the same time, the principles of cost accounting...

    Cost, Cost accounting, Costs 790  Words | 3  Pages

  • Accounting

    resources. The aim is to align as nearly as possible the interests of individuals, corporations, and society. The incentive to corporations is to achieve their corporate aims and to attract investment. The incentive for states is to strengthen their economies and discourage fraud and mismanagement.” However, the sole purpose of corporate governance is ‘to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the company’ (The UK Corporate Governance Code...

    Audit, Auditing, Auditor's report 2041  Words | 7  Pages

  • Accounting Profession

    decision which answers why I want to become a CPA and how I can become a CPA. “Never call an accountant a credit to his profession; a good accountant is a debit to his profession” (Charles Lyell). Accountancy is one of the most respected careers and CAP’s are considered as one of the highest paid professionals. It is not just the income which attracts people towards this profession, but also the respect attached to it. Certified Public Accountant (CPA) is the statutory title of qualified accountants...

    Accountancy, Accountant, Accountants 749  Words | 2  Pages

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