ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)


ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)

Department: accounting project topics | Type: Project topics and materials | Format: Ms Word, PDF | Attribute: Documentation Only | Pages: 84 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

1,536 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@researchcub.info
ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)
ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)

CHAPTER ONE

1.0     INTRODUCTION

1.1     BACKGROUND OF THE STUDY:

The Board of Internal Revenue, Enugu in Enugu state has its origin back to the era of our colonial masters in Nigeria being establish along side other government agencies. As internal Revenue, a division of the ministry of finance in the then Eastern Nigeria, the aim was to generate revenue to enhance the execution of her mapped out programmes. The Board of internal Revenue was established as an autonomous government agency charged with the sole responsibility of tax administration with the jurisdiction of the then Eastern Nigeria. This took effect in 1960 after the independence followed by much demanding and expanding responsibilities.

It therefore, has undergone and served various governments since its inception such like Eastern Nigeria, East central state, Anambra state and to its present state as one of the leading and autonomous viable extra-ministerial department of Enugu state government. Policies are formulated and implemented just for the better welfare of the people by the government either in national, state or local levels. therefore at different levels the government has various organs by which it executes their policies for the interest of its subjects. Among these organization especially in Enugu State is the Board of internal Revenue, Enugu.

It is through that there were such changes in government and the ones arising from even successive governed especially on those government organs yet, there is that constance in the duties and responsibilities of the said Board in Enugu as the main organ charged  with the generation of revenue for the government the execution of her programmes.

With due consideration, therefore as to the objective and with particular reference towards achieving the goal of the Board of internal Revenue, Enugu as an organization. There must be an effective and efficient tax administration with in and outside state on behalf of the government. A summarized break down of the objectives of the organization goes thus:

  • To assess personal income tax on persons and enterprises other than that of limited liability companies.
  • Taxes is to be collected on behalf of the state under the following divisions:
  1. Personal Income tax
  2. Entertainment tax
  3. Pay as you earn
  4. Road tax
  5. Social function tax
  6. With holding taxes on contracs, rents, dividends, director’s fees and professional fees etc.
  • To advice government on tax matters.
  • To render proper account of the revenue collected on behalf of the state.
  • To formulate tax policies in liaising with the joint board.
  • To prepare annual revenue estimate.
  • To liaise with federal Board of Internal Revenue for the state share of value Added Tax (VAT)
  • To prepare and render weekly, monthly and annual revenue returns.
  • To issue and validate tax clearance certificate.
  • To investigate and obtain information for tax purposes etc.

The Board with its present organizational structure has the director of internal Revenue as the Chief executive and Accounting officer. The position of the director of internal revenue through mandatorily as occupied by a career officer, yet has the status of director general by federal government directive.

In accordance with Decree 43 of 1983 (now abrogated) the Board now has three main service department namely: personnel management department with sole responsibility for all personnel functions; finance and supplies department directly incharge of all matters concerning finance and supplies; and the planning, research and statistics department-which is incharge of planning and other related matters. Others are the line department which carryout the duties with which the Board is identified / established. These department include Assessment Department. It shoulders all matters related to tax assessment. Then the collection department which is entirely responsible for tax collection form all sources; the investigation and information procurement department whose duty is to investigate and procure information for tax purposes. Then to enhance a grassroots and effective execution of its due responsibilities, there are three special zonal officers married by zonal tax authorities re-established by the Board with in the state namely zonal tax authorities, Enugu zone, Nsukka zone and Abakaliki zone (in the present Ebonyi state capital). They are responsible for tax assessment and collection form all local government motor licensing and tax offices with their zonal being directly responsible to the director of internal revenue as it affect all tax activities in their different zones, they collect and render weekly, monthly and annual returns as at when due.

The motor licensing offices are controlled by the motor licensing offices authorities while the executive secretaries to assessment authorities control the local governed tax office. The life wire of the Board of internal revenue activities within the present Enugu state comprises the zonela and local government tax and motor licensing offices.

Below is a diagram of organizsational structure of Borad of internal REvenue, Enugu to expantiate more as ot the above:

 

ORGANISATIONAL STRUCTURE OF BOARD OF INTERNAL REVENUE

 

 

DIAGRAM

 

 

1.2     STATEMENT OF THE PROBLEM

Almost all activities are generally and basically determined and are being carried out by actors (persons) that maku up such public sector. Lmachinery, materials and money (structures) together iwht time can be unproductive without human efforts and directions human manpower, simply every aspect of the activities of any or all public sector is determined by the competence and general effectiveness of its available human resources.

I therefore, maintain that both the behaviour and attitude ot work by the employees of any said public sector are often associated with or influenced by level of motivation and other factors available in such establishment such employee motivation includes:

  1. a) Clealry defined schedule of duties
  2. b) Reward for effectiveness / over time claim
  3. c) Conductive working environment
  4. d) Hazard allowance
  5. e) Adeqauate information
  6. f) Opporltunities for improvement – Training etc.
  7. g) Adequate supply of working tools
  8. h) Transportation – travel allowance
  9. i) Health / welfare service (canteen, hospital, sick / maternity leave
  10. j) Confidence and trust
  11. k) Adequate recognition and protection
  12. L) Accommodation
  13. M) Reward for sacrifice
  14. n) pre-retirement attention / pre-briefing
  15. o) Equity and fairness

these and other employee motivation factors plays a vital role (positive effect) in the performance and effectiveness of the staff in any public sector. Therefore the level with which these motivating factors are provided especially to public sector offers some remedy for comparison in terms of genral performance between two organizations that perform similar functions e.g (union bank and Afri bank)

1.3     PURPOSE OF THE STUDY

This little work is hereby deigned to contribute to the issue of employee motivation as it affects the public sector, its workers to enable them put in their best performance in the immediate existing task of nation building towards the imporvemnt of our economy. This sole desire and hopelessness into which the employee motivation especially in publc sectors has been place. This resulting from the unstable policy, economy and its inflationary trend.

The study therefore is aimed ot identify those factors that motivate employee in the public sector and their impact on job performance. it is basically directed toward identify those motivating factors which are lacking in the board of internal rEvenue Enugu. Analysis would be made on their general implicsation and suggest possible solution on how best an employee should be motivated in order to effect an improved job performance especaily in the public sector.

1.4     SIGNIFICANCE OF THE STUDY

This study of under taken to emphasize the necessity of employee motivation I public sectors which are service oriented establishment with set objectives to achieve lack of such factor and hence motivation shall obviously lead ot how performance among workers and eventually to non-realizaiton of the set goal of the establishment.

It will offer possible solution as ot how employee can be motivated in order to enhance job performance.

1.5     RESEARCH QUESTIONS

It will be necessary to examine the following question.

  1. Can you identify the time / duration spent by employees in the Board of internal Revenue, Enugu state.
  2. Do you think that the employees of the Board of Internal Revenue performed at optimum level? yes / No
  • From the question above, if you answer is yes please could you mention some of he factors where you based your opinion.
  1. Is there over-staffing in the Board of Internal revenue Enugu state, which may prevent the government from motivating them accordingly.
    • SCOPE / DELIMITATION OF THE STUDY

This study is focused on those factors which affect the motivation of employees in the public sector, with particular reference to the workers of the Board of Internal Revenue Enugu state.

1.7     DEFINITION OF TERMS

For the purposes of clarification and proper under standing of this work, several concepts and term used here with, to an extent be defined as follows:

1.7-1 EMPLOYEES:    This refers to all the worker employed and

working in an organization / establishment.

1.7-2 MOTIVATION: Is a general term applying to he entire class of

drives, desire need wished and similar forces. This reflects wants, hey are the identified rewards or incentives that sharpen the drive to satisfy these wants. It also the menas by which conflicting needs may be reconciled or one need

ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for accounting information as a tool for decision making in business (a study of some selected firsm in rivers state):
Reviews: A Review on accounting information as a tool for decision making in business (a study of some selected firsm in rivers state), accounting, information, tool project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
This study of under taken to emphasize the necessity of employee motivation I public sectors which are service oriented establishment with set objectives to achieve lack of such factor and hence motivation shall obviously lead ot how performance among workers and eventually to non-realizaiton of the set goal of the establishment. It will offer possible solution as ot how employee can be motivated in order to enhance job performance. 1.5 RESEARCH QUESTIONS It will be necessary to examine the following question. Can you identify the time / duration spent by employees in the Board of internal Revenue, Enugu state. Do you think that the employees of the Board of Internal Revenue performed at optimum level? yes / No From the question above, if you answer is yes please could you mention some of he factors where you based your opinion. Is there over-staffing in the Board of Internal revenue Enugu state, which may prevent the government from motivating them accordingly. SCOPE / DELIMITATION OF THE STUDY This study is focused on those factors which affect the motivation of employees in the public sector, with particular reference to the workers of the Board of Internal Revenue Enugu state. 1.7 DEFINITION OF TERMS For the purposes of clarification and proper under standing of this work, several concepts and term used here with, to an extent be defined as follows:.. accounting project topics

ACCOUNTING INFORMATION AS A TOOL FOR DECISION MAKING IN BUSINESS (A STUDY OF SOME SELECTED FIRSM IN RIVERS STATE)

Project Information

Share Links

Download Post
Download Post

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?