Factor That Affects Accounting Practice in Nigeria

FACTORS 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 firms 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 and policies. It exists as the daily recording of financial data that is important to the evaluation and monitoring of the firm’s economic activities. Accounting practice refers to the normal practical application of accounting†¦show more content†¦Attracting and retaining young talents has been an issue for many years. The practice need to make a more concerted effort to fundamentally change work precise otherwise, the profession will witness talent drain. * Specialisation: Practitioners often see specialization as a tool for winning clients confidence and quality service deliveries. Generally the profession rendered services in Auditing, Tax Practices, Liquidation, Bankruptcy amp; Executorships, Financial managements and lots of others. Trust of which field to focus on has posed lot of problems to the practice. While some peg their competence in a particular area, others provide skills for all professional services. However, the size of a firm often determine how many products/services a firm can offer to clientele as a large firm will surely have pools of competent hands for each field than a small firm. Notwithstanding, the primary function is to render a deserved quality service to clients. For small and medium firms with few competent hands who offer a one-shop service to their clients, it is better to take advantage of training opportunity available so as to serve their customers better. * Remuneration: Compensation isShow MoreRelatedImpact of Ict on Accounting Practice in Nigeria1663 Words   |  7 PagesThe impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1  Ã‚  Ã‚   Background of the study   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   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 sheetRead MoreAgency Theory and Accounting Choice1142 Words   |  5 Pagesanalyses the effect of the agency theory and accounting choice usually been made by managers of Nigeria listed companies. It (agency theory and accounting choice) can be demonstrated in the modern day companies where management is usually separated from the ownership of business. The professional managers are supposed to make decisions and take actions that are consistent with the objective of maximising shareholders wealth. But this may not be happen in practice because the managers may have goals tha tRead Morecompany accounting ch1 tut working Essay1704 Words   |  7 Pagesï » ¿AYB340 COMPANY ACCOUNTING TOPIC 1 - SOLUTIONS TO TUTORIAL QUESTIONS CASE STUDIES Case Study 1 - Accounting Policies The board of directors has resolved to change the accounting policy for treatment of advertising expenditure. Previously, advertising expenditure has been expensed as incurred. Following extensive market research, the board has taken the view that benefits from advertising expenditure in the form of product awareness and increased sales will be received by the companyRead MoreAudit Committee Annual Evaluation of the External Auditor3135 Words   |  13 PagesAUDITOR’S INDEPENDENCE AND ACCOUNTABILITY IN NIGERIA PUBLIC ENTERPRISE This study seeks to identify the determinants of auditors’ independence in public enterprises and determine the policy implications of lack of auditors’ independence in the public sector. The data for the research was primary and collected via questionnaire from the Nigerian Ports Authority Headquarters Lagos. The questionnaire responses were analyzed using the percentage method. The hypothesis was tested usingRead MoreOil and Gas4942 Words   |  20 PagesOIL AND GAS ACCOUNTING: CRITICAL EXAMINATION OF THE APPLICATION OF THEORY TO PRACTICE IN NIGERIA 1.0 INTRODUCTION: The natural resources of a nation, particularly the minerals, often constitute the lions share of the nations wealth. This is particularly true of the OPEC nations including Nigeria. Prior to the development of accounting standards issued by the Nigerian Accounting Standards Board (NASB), the financial statements published by the oil and gas industry in Nigeria did not disclose adequateRead MorePoor Nations Of The 21st Century1329 Words   |  6 Pagespetroleum contracts including investments in local content could cure the curse of oil resources (Klieman, 2012; Short, 2014). Nigeria, where â€Å"oil becomes a problem rather than a solution† (Kopinski et al., 2013: 583) due to accountability and governance failures among policy-makers and the IOCs (George and Lacey, 2006; Usman, 2011), adopted the international best practice and created a local content oversight agency – the NCDMB. The agency is the responsible authority to administer, coordinate, monitorRead MoreThe Accounting Profession and Nat39077 Words   |  157 PagesTHE JOURNAL OF ACCOUNTING ANAN Volume 1, No 1, March 2009 Published by: Nigerian College of Accountancy, Jos Postgraduate Professional College and Training Arm of ANAN ...Advancing the Science of Accountancy EDITORIAL BOARD Prof. Edet Robinson Iwok, Ph.D, FCNA Prof. A. A. Okwoli, Ph.D, FCNA Prof. Abimaje Akpa, Ph.D, FCNA Prof. B. C. Osisioma, Ph.D, FCNA Prof. Edet B. Akpakpan, Ph.D, FCNA, Prof. A. C. Ezejulue, Ph.D, FCNA Prof. A. S. Mikailu, Ph.D, FNIA Chairman, Education, TrainingRead MoreThe Effects of Credit Management on the Profitability of Manufacturing Companies in Nigeria (a Case Study of Guiness Nigeria Plc3653 Words   |  15 Pagesneed to be a global set of accounting standards. As companies compete globally for scarce resources, investors and creditors as well as multinational companies are required to bear the cost of reconciling financial statements that are prepared using national standards. It was argued that a common set of practices will provide a â€Å"level playing field† for all companies worldwide (Murphy, 2000). IFRS are standards and interpretations adopted by the International Accounting Standards Board (IASB). TheyRead MoreThe Consequences Of The Foreign Corrupt Practices Act?1518 Words   |  7 PagesIn 1977, Congress passed the Foreign Corrupt Practices Act (FCPA), which makes it unlawful for U.S. businesspersons or companies to pay, with money or anything else of value, to foreign officials to secure beneficial contracts. The anti-bribery requirements of the FCPA have applied to all U.S. persons since 1977. In 1998, certain amendments were revised and the anti-bribery requirements now apply to foreign firms and persons who cause an act in continuance of bribery within the United States. TheRead MoreAn Appraisal of the Application of Cost and Management Accounting Techniques in Nigerian Manufacturing Companies: a Case Study of Benue Breweries Company Limited2637 Words   |  11 Pages AN APPRAISAL OF THE APPLICATION OF COST AND MANAGEMENT ACCOUNTING TECHNIQUES IN NIGERIAN MANUFACTURING COMPANIES: A CASE STUDY OF BENUE BREWERIES COMPANY LIMITED TABLE OF CONTENTS Title page - - - - - - - - - - i Approval Stage - - - - - - - - - ii Dedication - - - - - - - - - - iii Acknowledgement - - - - - - - - iv Table of contents - - - - - - - - - v Abstract - - - - - - - - - - vi CHAPTER ONE: INTRODUCTION 1. Background of the study - - -

The MLA Style Research Paper Format

The MLA Style Research Paper FormatThe MLA style research paper format is widely used and it is not so much of a mystery as to why. This style is very effective in the modern world, but does require a degree of knowledge in the methodologies of the discipline. There are some dissimilarities between this type of format and the older style that may be frustrating for those who are attempting to attain the standard.The first section of the MLA style research paper is often given over to footnotes. These footnotes are formatted in the same way as other sections of the paper. They begin with the author's name and include the references to be placed within the text of the paper. Additional notes about the research findings are also included within the footnote.The next section of the MLA style research paper is the introduction of the research paper. Here, the reader is reminded of the fact that they are about to read a research paper, and may be encouraged to read it fully before making a ny comments. The introduction also contains the academic jargon and conventions used by the field in which the research is focused.The third section of the document is the body of the paper and here, there are two major sections, which are the conclusion and the introduction. The conclusion is usually preceded by a bibliography, which provides citations to the important sources for the paper. In addition, the paper will be accompanied by an author note, which gives the identity of the writer and includes a note about the author's qualifications and experience.In addition to the preceding outline, the writer should provide a statement of purpose for the paper in the MLA format. In doing so, they should describe what the paper is trying to achieve and what the end results are to be. This section of the paper contains a place for some general comments that may relate to the study of the topic that the document is trying to convey.The MLA style of research paper is quite extensive in na ture and requires a great deal of concentration. It is also an extremely professional type of format that is very easy to read. In fact, many people do not prefer to use this format because of the number of footnotes that they have to make within the text.For those who do wish to use the MLA format, it is important to remember that they need to write in a particular style and follow conventions. This includes proper punctuation, writing in a formal style, using introductory and concluding paragraphs, and use of headings. Those who choose to use this style often choose to follow it with a contemporary alternative that is more readable and easy to comprehend.The MLA style research paper is one of the most popular formats in the academic arena. A reader can follow this format if they are willing to learn the conventions and write in a more formal style.

How to Buy Custom Research Papers

How to Buy Custom Research PapersWhen you are searching for a way to make a profit from home and still stay within your budget, why not try to buy custom research papers. There are many online suppliers of this product that offer a wide range of price ranges and shipping rates for different countries. Since buying this product can be as easy as clicking on a few buttons on the internet, this is the perfect method to help you in your research without any hassles at all.If you know anything about quality, you would know that you get what you pay for and there is no way you would want to compromise on your purchase for some cheap research papers from somewhere else. In this way, you get more for your money while not sacrificing your own comfort or convenience.The key thing to look for when looking for suppliers of custom research papers is the quality and the service they offer. It does not matter if it is the largest pharmaceutical company in the world, you must not get confused on the quality of their research papers. However, there are many websites that will provide a quote to help you understand how they compare to other suppliers.One thing you should keep in mind when looking for suppliers of custom research papers is to choose wisely. You do not want to rely on just one website or one provider of research papers. You have to take care of several things and that includes being sure that the website that you decide to buy from has the credentials you need and that they will deliver what you expected and ask for.Online shopping sites are also one way to shop around. You can try to compare various websites that offer the same product and the prices they charge. This will allow you to go with the lowest price available at the time and at the most competitive prices for what you need.When you buy custom research papers, you have to put into consideration the size of the package you get. While you are still concerned with the price of the research papers, you shou ld also be concerned about the package size. This is because some research papers can easily weigh several pounds when they are packed in the package.As you can see, there are many ways to help you buy custom research papers and other products at affordable prices. Make sure that you do not fall victim to the kind of web-shopping scams that do not deliver what they promise and at the lowest price possible. Do not get taken by any fraudsters out there who want to take advantage of the gullible people.

Alliance Cold War Essay Free Essays

ORIGINS OF COLD WAR ESSAY REVIEW Relevant IB Objectives 1. Origins of the Cold War a. Ideological differences b. We will write a custom essay sample on Alliance: Cold War Essay or any similar topic only for you Order Now Mutual suspicion and fear c. From wartime allies to post-war enemies 2. Nature of the Cold War a. Ideological opposition b. Superpowers and spheres of influence c. Alliances and diplomacy in the Cold War 3. Development and impact of the Cold War a. Role and significance of leaders b. Social, cultural, and economic impact 4. Material for detailed study †¢ Wartime conferences: Yalta and Potsdam US policies and developments in Europe: Truman Doctrine, Marshall Plan, NATO †¢ Soviet policies, Sovietization of Eastern and Central Europe, COMECON †¢ Germany (especially Berlin (1945? 61)), Korea †¢ Stalin, Truman Past Essay Questions I. Origins of Cold War 1. ‘Ideological differences played little part in the origin of the Cold War. ’ How far do you agree with this judgment? (2000) 2. Assess the part played by differing ideologies in the origin of the Cold War. (2005) 3. â€Å"The Cold War was caused by fear, not aggression. To what extent does this view ex plain how the Cold War developed between 1945 and 1949? (2001) 4. To what extent did events in the final year of the Second World War turn wartime allies into Cold War enemies? (2004) 5. â€Å"An unnatural alliance that was bound to fall apart after the defeat of the common enemy. † To what extent does this statement explain the origin of the Cold War? (2006) 6. Analyse the origin of East-West rivalry and explain why it developed into the Cold War. (2008) I. Nature of Cold War 1. Assess the part played by differing ideologies in the origin of the Cold War. 2005) 2. Define ‘superpower rivalry’ and assess its importance in international politics since 1945. (2000) 3. In what ways, and for what reasons, did super-power rivalry dominate international politics between 1945 and 1961? (2002) 4. Analyse the origin of East-West rivalry and explain why it developed into the Cold War. (2008) 5. Also: the role and impact of alliances and diplomacy in the Cold War II. Develop ment and impact 1. For what reasons, and with what effects, did social and cultural differences affect the origin and development of the Cold War? 2002) 2. Also: role and significance of Truman and/ or Stalin III. Material for detailed study 1. How, and to what extent, did the conferences at Yalta and Potsdam (1945) contribute to the origin of the Cold War? (2003) 2. For what reasons, and with what results, were there disagreements between participants at the conferences of Yalta and Potsdam in 1945? (2009) 3. For what reasons, and with what results, did the Truman Doctrine and the Marshall Plan affect Cold War development? (2008) 4. To what extent was Germany the cause of East/West disagreements between 1943 and 1963? (2000) 5. Analyze the role of Germany in the origin and development of the Cold War. (2002) 6. In what ways, and with what results, was Germany the key focus of the early stages of the Cold War? (2005) 7. Compare and contrast the policies of the USA and the USSR towards Korea between 1945 and 1955. (2004) 8. Also: NATO, Soviet policies, Sovietization of Central and Eastern Europe, COMECON, Stalin, Truman How to cite Alliance: Cold War Essay, Essay examples

Money free essay sample

Money. Just the word itself can induce a feeling of excitement, nervousness and power, for me, it says opportunity. Money, theoretically speaking, is just a piece of green paper with someone’s face on it holding no actual value. The faith we put into it and the amount of power we inject into the actual paper makes it invaluable to us. The world cannot survive without money and neither can I, not when I was in elementary school, not when I was in middle school and not when I entered high school. I remember first receiving money from my grandfather and he gave me ten dollars and he said, â€Å"Invest it.† I was about 8 at the time and noticed that with these ten dollars I can make 100 dollars. I bought a box with a unique design on top, some markers and some glue and began to work my magic. The idea was simple: color on the box, put glue on it, let it dry and then peal it off and sell it. We will write a custom essay sample on Money or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It was a hit right of the bat in my small community. Kids would knock on my door and ask for this small item, which can practically serve only as a bookmark and nothing more. I sold each slab of glue for 1 dollar. In a month, I made 100 dollars and bought an extra box and my profit doubled. That was my first experience in making money. In my first year of middle school, I studied the general likes and dislikes of my fellow peers and came up with something new to sell: gum. All kids loved gum, it can last, it came in bulk and it had sugar. Every week with my mom, I would attend the grocery store and buy about thirty packs of gum, all different brands and flavors and soon, it was booming business. I would set aside 50 percent of the profit I made throughout the week and buy myself some more gum. I soon realized that I could hire kids in different areas to sell for me. I gave each of my employees’ ten stacks each and give them ten percent of what they made. The idea caught and kids began to copy me and competing for sales and completion emerged. I had to think of a new idea for my profits were dropping. It then hit me like a ton of bricks, the greatest idea in the world, something most kids wouldn’t dare do, especially in their free time: doing homework. Probably one of the most profitable investments I ever made, doing kids homework was a blazing job and not one kid dared follow me. I priced the homework quite cheaply at firs: a dollar a homework. Within the first day I was booked making a large sum right off the start. Although my new ‘business’ just opened up, I raised the prices times five from the first day. I also priced projects 20 dollars that was another engulfing experience. Some nights I would not even sleep but I would be doing projects and homework for students. As high school emerged I put my silly selling methods aside and got a real job. I earned my lifeguard certificate and began to lifeguard making twelve and hour as well as giving tennis lessons to anyone living in the building. At the same time I was working in a clothing store as well as being a seasonal sales representative at Jacob Javitz trade show. Money was almost everything to me and I knew how to obtain it. Bill Gate’s once said, â€Å"If you’re born poor it’s not your fault but if you die poor than it’s your fault.† This quote motivated me throughout high school to make money and be able to pay for some of my own things instead of relying on my parents. Money is extremely important, no matter how cynical or greedy that sounds, the little green paper we put so much faith in, is invaluable. `

Definition and Examples of Consonance Word Sounds

Definition and Examples of Consonance Word Sounds Broadly, consonance is the repetition of consonant sounds; more specifically, consonance is the repetition of the final consonant sounds of accented syllables or important words. William Harmon notes that most so-called eye rhymes (such as word and lord, or blood, food, and good) are instances of consonance, as are the hymnals rhymes between between river and ever or heaven and given (A Handbook to Literature, 2006). See Examples and Observations below. Ten Titillating Types of Sound Effects in LanguageAlliterationAssonanceEuphonyFigure of SoundHomoioteleutonOnomatopoeiaParomoiosisPhonaestheticsRhymeTautophony Etymology From the Latin, agree sounds Examples and Observations The repetition of final consonant sounds, as in First and last, odds and ends, short and sweet, a stroke of luck, or Shakespeares struts and frets is CONSONANCE.(Laurence Perrine, Literature: Structure, Sound, and Sense, Harcourt, 1978)Some few large men sat in the front parlors, without their collars, Uncles almost certainly, trying their new cigars.(Dylan Thomas, Quite Early One Morning. New Directions, 1954)Consonance in Rap LyricsConsonance  is quite often employed in rap, whether to underscore rhyme or to offer a kind of rhyme substitute. Lauryn Hills lines from the Fugees Zealots show consonance at work alongside rhyme:Rap rejects my tape deck, ejects projectileWhether Jew or Gentile, I rank top percentile,Many styles, More powerful than gamma raysMy grammar pays, like Carlos Santana playsConsonance with one sound (eck) shifts to multisyllable rhymes with another sound (projectile, Gentile, percentile) and then another (gamma rays, grammar pays, Santana plays). The result is as intricate as it is effortless.(Adam Bradley, Book of Rhymes: The Poetics of Hip Hop. BasicCivitas, 2009) Seamus Heaneys Use of Consonance[In Seamus Heaneys poem Oceans Love to Ireland] the plosives i and k also serve to slow our reading, as do the alliteration and consonance of the bs and ds that begin here and continue in the second through fifth lines:Ralegh has backed the maid to a tree As Irelan d is backed to EnglandAnd drives inlandTill all her strands are breathless.We picture a deliberate, proud, unfrenzied man using language and physical strength to overpower the maid.(Karen Marguerite Moloney, Seamus Heaney and the Emblems of Hope, University of Missouri Press, 2007) Pronunciation KON-se-nens Also Known As Half rhyme, slant rhyme

How to Conjugate Mentir (to Lie) in French

How to Conjugate Mentir (to Lie) in French The French verb  mentir  means to lie. While that may be relatively easy to remember, youll also want to know how to conjugate the verb. This will allow you to use it appropriately in the present, past, or future tense and form a complete sentence.  Mentir  is not the easiest conjugation, so be sure to find out the basic forms you need to know. Basic Conjugations of  Mentir Mentir is an irregular verb, which is what makes its conjugations a little more challenging than others. It doesnt follow a regular pattern in the infinitive endings, though most French verbs ending in -mir, -tir, or -vir are conjugated in the same way. You might find it helpful to study a few at once to make memorizing each a little easier. The imperative verb mood is used most often and allows you to express  mentir  in the present, future, and imperfect past tenses. Since it is irregular, you will notice that the verb stem- men-  - has some unusual endings in this chart. However, with enough practice, you can commit them to memory. Using the chart, match the subject pronoun to the appropriate tense for your sentence to find the correct conjugation. For example, I am lying is  je mens  and we lied is  nous mentions. Present Future Imperfect je mens mentirai mentais tu mens mentiras mentais il ment mentira mentait nous mentons mentirons mentions vous mentez mentirez mentiez ils mentent mentiront mentaient The Present Participle of  Mentir The present participle of mentir is produced by adding -ant to the verb stem. This gives you the word mentant. Mentir  in the Compound Past Tense In French, the  passà © composà ©Ã‚  is a compound past tense. It is constructed by combining a present tense conjugate of the  auxiliary verb  avoir  with the  past participle  menti. For example, I lied is  jai menti  and we lied is  nous avons menti. More Simple Conjugations of  Mentir Beyond those basic conjugations, you may find yourself needing a few other forms of  mentir  at times. These can be rather useful if, for instance, the action of lying is uncertain, in which case youll use the subjunctive. Or, the lying may depend on something else, so the conditional can be used. On occasion, you may also encounter the passà © simple or the imperfect subjunctive. Yet, these are rarely used so they do not have to be a priority in your studies. Subjunctive Conditional Passà © Simple Imperfect Subjunctive je mente mentirais mentis mentisse tu mentes mentirais mentis mentisses il mente mentirait mentit mentà ®t nous mentions mentirions mentà ®mes mentissions vous mentiez mentiriez mentà ®tes mentissiez ils mentent mentiraient mentirent mentissent With  mentir  you will find  the imperative  form  useful for short commands. When using it, skip the subject pronoun: use  mens  rather than  tu mens. Imperative (tu) mens (nous) mentons (vous) mentez