Download Tag: ORGANIZATION


THE ROLE OF MANAGEMENT ACCOUNTANT TO COST CONTROL AND PROFIT PERFORMANCE IN AN ORGANIZATION

ABSTRACT Accountants have been bestowed with the role of providing information to the management regarding the affairs of the organization in particular and to the stakeholders in general. Internally, in manufacturing organization, management has always relied on the management accountant for cost evaluation and performance efficiencies of cost element. This role of management accountant to the management has been in doubt because of incessant increase in the cost elements of ...

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THE IMPACT OF BUDGETARY CONTROL ON PROFITABILITY OF AN ORGANIZATION

ABSTRACT This study examined the impact of budgetary control on profitability of an organization. Thus, the importance of budgetary cannot be emphasized in business organization, as management needs to embark on budget to effect proper planning and control. In this vein, budgeting can be seen as a process of planning and control. Proper budgeting can never affect efficient plans of organization without control. Thus, the desire to examine whether budgetary ...

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THE IMPACT OF EFFICIENT INTERNAL CONTROL IN AN ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Formulation and implementation of bound policies is one of the attributes of a successful business. It’s the function of management in any business either large or small to formulate policies for the business and ensure that the policies that they have formulated one religiously implemented. Santocks (1979), states the management to set guidelines for documentations of transaction for safeguarding of assets of ...

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ACCOUNTING INFORMATION AS A TOOL FOR MANAGEMENT DECISION MAKING IN ORGANIZATION

INTRODUCTION  BACKGROUND OF THE STUDY Virtually every organization requires information for effective management and planning. Information particularly accounting is indispensable to the growth and development of organization, because from planning to the execution, resources required are guided by availability of accounting information, as it provides detail information of budget on the implementation of plan. Accounting information according to Batty (1974) is the systematic presentation, analysis and evaluation of data regarding ...

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THE IMPACT OF A GOOD INTERNAL CONTROL SYSTEM ON FINANCIAL MANAGEMENT OF ORGANIZATION

ABSTRACT An internal control system is the process that can be use to provide reasonable assurance that the units goals and objectives will be achieved. It is also the management of business risks and is a dynamic process that changes as personnel and circumstance change. The impact of a good internal control system on the financial management of organization can not be over emphasized. This is because internal control is ...

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THE IMPACT OF AUDIT COMMITTEE ON FINANCIAL MANAGEMENT OF AN ORGANIZATION

ABSTRACT The impact of a Good Audit committee on the financial management of an organization can not be over emphasized. This is because internal control is the bedrock of any organization that wants continuity in the existence of the organization. The problem facing 7up bottling company plc is that the do not have an internal control system and also they lack organizational control. I make use of primary and secondary ...

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MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION

ABSTRACT This research topic” management Accounting as an indispensable tool in the management of an organization” helped us to research into how NIPOST organization has adapted management Accounting techniques to achieve increased efficiency in its postal services to the nation. This is because in recent time, modern management is interested in not only” knowing the cost of production” but also in “ Controlling the costs of production”. Management Accounting is, ...

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MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION

ABSTRACT This research topic” management Accounting as an indispensable tool in the management of an organization” helped us to research into how NIPOST organization has adapted management Accounting techniques to achieve increased efficiency in its postal services to the nation. This is because in recent time, modern management is interested in not only” knowing the cost of production” but also in “ Controlling the costs of production”. Management Accounting is, ...

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MANAGEMENT ACCOUNTING AS AN INDISPENSABLE TOOL IN THE MANAGEMENT OF AN ORGANIZATION

ABSTRACT This research topic” management Accounting as an indispensable tool in the management of an organization” helped us to research into how NIPOST organization has adapted management Accounting techniques to achieve increased efficiency in its postal services to the nation. This is because in recent time, modern management is interested in not only” knowing the cost of production” but also in “ Controlling the costs of production”. Management Accounting is, ...

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THE RELEVANCE OF INTERNAL CONTROL IN AN ORGANIZATION

ABSTRACT This term paper is aimed at assisting person who are interested in their knowledge about “internal control” and their operations in to days modern business. I have embarked on the thorough research to eliminate the fact that this control system should be topmost in any company’s priority list. Also analyzed are the short comings and problem confronting these system and ways of tackling the alarming trend of crime and ...

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BENEFIT OF BUDGETING AS A MANAGEMENT TOOL IN ORGANIZATION

ABSTRACT The study examined the benefit of budgeting as a managerial tool in an organization, which  focus on Nigeria Bottling Company Plc. The survey method was extensively used together data for the study and a simple through questionnaire and oral interview and discussion conduct with some of the study participants. The study establish the benefit of budgeting as a management tool in an organization so that it can contributes to ...

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THE IMPACT OF FORENSIC ACCOUNTING IN AN ORGANIZATION

INTRODUCTION BACKGROUND OF THE STUDY The growing demand for forensic accounting is a known characteristic of most companies in the world. Forensic accounting arises from the effect and cause of fraud and technical error made by human. Forensic accounting is quite new in Nigeria as companies have realized that the service of a forensic accountant is needed as fraud cases have substantially increased in number. Forensic accounting is the application ...

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FINANCIAL STATEMENT FRAUD IN AN ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY The web star dictionary defines fraud as “an intentional deception to cause a person to give up property or lawful right, which could also mean deceit, trickery or cheating. According to statement of internal audit standard No2 of the Institute of Internal Auditors, USA, fraud is defined as an array of irregularities or legal acts characterized by international deception. The world of ...

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THE ROLE OF MANAGEMENT ACCOUNTANT TO COST CONTROL AND PROFIT PERFORMANCE IN AN ORGANIZATION

ABSTRACT Accountants have been bestowed with the role of providing information to the management regarding the affairs of the organization in particular and to the stakeholders in general. Internally, in manufacturing organization, management has always relied on the management accountant for cost evaluation and performance efficiencies of cost element. This role of management accountant to the management has been in doubt because of incessant increase in the cost elements of ...

Read more

THE IMPACT OF INTERNAL CONTROL SYSTEM ON THE FINANCIAL MANAGEMENT OF AN ORGANIZATION

ABSTRACT Over the years, there have being a problem of incorrect and unreliable financial record which has lead to loss of organizational integrity. The research work aimed among others at determining the relationship between internal measures to proper accounting records. A survey research design was adopted for this research study and a sample size was selected using Yaro Yamane sampling technique as data used were obtained from both primary and ...

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INVENTORY CONTROL AS AN EFFECTIVE TOOL FOR COST CONTROL IN AN ORGANIZATION

ABSTRACT The topic of this research work is inventory control as an effective tool for cost control in an organization, Inventory control can be defined as the implementation of management’s inventory policies in a manner that assures that the goal of inventory management is met. The management of various companies is faced with the problem of at what level inventory should be held in order to have a healthy operation that is optimal ...

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THE EFFECT OF MERGERS AND ACQUISITIONS ON THE GROWTH OF AN ORGANIZATION

ABSTRACT Corporate growth was much desired by most companies operating in Nigeria these was because of the advantage of high profit ability to dictate to some certain degree in terms of industry and market which lead to enlargement in market share brought about by the growth made in corporate strategies used. The strategies being about the desire and expansion of Oando Plc in Nigeria. This research project evaluated M & ...

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FINANCIAL STATEMENT FRAUD IN AN ORGANIZATION: ISSUES AND SOLUTIONS

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The web star dictionary defines fraud as “an intentional deception to cause a person to give up property or lawful right, which could also mean deceit, trickery or cheating. According to the statement of internal audit standard No2 of the Institute of Internal Auditors, USA, fraud is defined as an array of irregularities or legal acts characterized by international deception. The world of ...

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AN EVALUATION OF THE ROLE OF INTERNAL AUDITORS IN AN ORGANIZATION

CHAPTER ONE 1.1  INTRODUCTION Internal Audit Units are established in organizations in order to assist members of the Organization in the effective discharge of their responsibilities, monitor the use of resources and make recommendations for the improvement of the organizational operations. The day-to-day operation of an organization is delegated to the management by the Board of Directors. The head of the management often referred to as the Managing Director and ...

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INTERNAL AUDIT AS A TOOL FOR EFFICIENT PERFORMANCE IN AN ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF STUDY Very large organizations and some small ones have found a need for internal audits in addition to an external audit. Internal auditors are an employee of the organization and work exclusively for the organization. Their functions partly overlap those of the external auditors and in parts are quite different. The precise function of external auditors is either laid down by statute or embodied ...

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