Download Tag: BUSINESS ORGANISATION


FINANCIAL STATEMENT AS DETERMINANT OF PROFITABILITY IN BUSINESS ORGANISATION

Abstract This study examined the relationship between firm financial management techniques and profitability. Six variables including Long-term-debt to Equity ratio (LTDER), Inventory turnover ratio (ITR), Debtors’ turnover ratio (DTR), Creditors’ velocity (CRSV), Total assets turnover ratio (TATR) and Net profit margin (NPM). Profitability as a dependent variable is represented by Net profit margin (NPM) while LTDER, ITR, DTR, CRSV and TATR were used. Descriptive statistics and multiple regressions were applied ...

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ROLES OF BUDGETING AND BUDGETARY CONTROL IN BUSINESS ORGANISATION

ABSTRACT This research work conducted with special reference to the budgetary system of Emenite Nigeria Limited with the view to ascertain the major role budgets play in the achievement of profitability for an organization. Budget as a profit planning device sets standards of performance of manager, while budgetary control is a tool implored by management to keep track of actual performance to ensure budgeted standards are achieved. In the course ...

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IMPACT OF ACCOUNTS RECEIVABLE IN BUSINESS ORGANISATION

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND TO THE STUDY Prior to the advent of time, civilization, economic condition, and the business world, the world had known only a cash or barter economy.  However, with development in business world, business are being transacted on credit basis. In recent years, many business organizations in Nigeria have experienced liquidity problems largely because of the effects of high rate of inflation.  This has been necessitated ...

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AUDIT REPORT AND ITS IMPACT ON THE ACTIVITIES OF BUSINESS ORGANISATION IN NIGERIA

ABSTRACT The aim of this study is to appraise Audit report and their impact on the activities of the business organizations in Nigeria.  To accomplish the above objective, this work looked into and investigated the roles auditors play in the review and examination of financial statement. Audit report is the opinion expressed by an auditor on financial statements stating clearly whether such statements presents a true and fair position of the ...

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BUDGETING AND BUDGETARY CONTROL IN BUSINESS ORGANISATION

INTRODUCTION 1.1   BACK GROUND OF THE STUDY A budget is a financial and a quantitative statement prepared prior to a defined period of time of the policy to be pursued for the purpose of attaining a given objective. Also according to A.U. Nweze (2004) in his profit planning. Budget is a plan quantified in monetary terms, prepared and approved prior to a defined period of time, usually showing planned income ...

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AUDIT REPORT AND IT’S IMPACT ON THE ACTIVITIES OF BUSINESS ORGANISATION IN NIGERIA

ABSTRACT The aim of this study is to appraise Audit report and their impact on the activities of the business organizations in Nigeria.  To accomplish the above objective, this work looked into and investigated the roles auditors play in the review and examination of financial statement. Audit report is the opinion expressed by an auditor on financial statements stating clearly whether such statements presents a true and fair position of the ...

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EVALUATION OF CAPITAL STRUCTURE AND PROFITABILITY OF BUSINESS ORGANISATION

ABSTRACT Capital structure is the proportion or each type of capital debt and equity used by a business organisation. Many organizations employ debt in their capital structure because of its benefits. One of the benefits is that interest on debt is tax deductible and reduces tax liability of the organizations concerned. Furthermore, failure to pay interest commitment can result to financial backwardness. The financial managers consider so many factors in ...

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BUDGETING AND BUDGETARY CONTROL IN BUSINESS ORGANISATION

INTRODUCTION 1.1   BACKGROUND OF THE STUDY A budget is a financial and a quantitative statement prepared prior to a defined period of time of the policy to be pursued for the purpose of attaining a given objective. Also according to A.U. Nweze (2004) in his profit planning. Budget is a plan quantified in monetary terms, prepared and approved prior to a defined period of time, usually showing planned income to ...

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A CRITICAL ANALYSIS OF THE IMPORTANCE OF AUDITING IN THE AUTHENTICATION OF FINANCIAL STATEMENT OF BUSINESS ORGANISATION

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF STUDY The concept of auditing data back to eighties, the earliest traces of its existence was found in Italy and Egypt amongst great landowners of the middle ages. However, according to funk (1993), statutory audit which incidentally forms the main thrust of the research “arose sequel to the inception of company form of business in the 17th century for trading and another purpose”. ...

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