The Evaluation Of Accounting Control System In Nigeria
TABLE OF CONTENTS
1.1 STATEMENT OF PROBLEM
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.3 SIGNIFICANCE OF THE STUDY
1.4 LIMITAITON AND SCOPE OF THE STUDY
1.7 DEFINITION OF TERMS
2.0 REVIEW OF RELATED LITERATURE
2.1 ACCOUNTING CONTROL SYSTEM
2.2 NEED FOR ACCOUNTING CONTROL
2.3 ESTABLISHMENT AND MAIN DIVISION OF ACCOUNTING CONTROL
2.4 COMPONENT OF ACCOUNTING CONTROL SYSTEM
3.0 SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
1.1 BACKGROUND OF THE STUDY
In Nigeria today there is a great need to peer inside the accounting control system of computerized industries, as this action will involve the ratification and the testing of the enterprise control system with special regards to how the industries is operated upon as well as to ensure the effectiveness of the enterprises accounting system.
However, the regulation of business activities under an efficient system of accounting control may obviate the necessity of protracted detail work by auditors with beneficial result for all the parties concerned.
This is because is real life, situations especially with regards to case of fraud and errors in organizations most of the time without the best of intentions may still intentionally or unintentionally make mistake. It is not surprising however that inmost brewing industries there are cases o stock losses mis-appropriation of funds, embezzlements.