1596-8303. www.transcampus.org/journals. www.ajol.info/journals/jorind THE CHALLENGES OF ADOPTING INTERNATIONAL FINANCIAL REPORTING SYSTEM IN NIGERIA Anthony O. Garuba Department of Accounting and Finance‚ Western Delta University‚ Oghara‚ and Pat Donwa Department of Accounting‚ University of Benin‚ Benin City E-mail: anthonygaruba@yahoo.com Abstract Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology
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1.1 INTRODUCTION The term electronic voting is a blanket term used to describe an array of voting methods that operate using electronic technology. Electronic-Voting (also known as Biometric Voting) is the use of computer-based machine to display an election ballot and record the vote. E-voting machines typically use touch screens as the data entry method for a voter’s selection. E-voting is different from online voting‚ where users vote over the Internet. Under the e-voting system‚ polling stations
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The case of youth unemployment in Nigeria has been a popular discourse with various perspectives to causes and consequences of unemployment. The rate of youth unemployment has been alarming according to the National Bureau of Statistics. In 2004‚ young people aged between 15-24 years made up 52.9% of the total number of unemployed persons while those aged between 25-44 made up a further 41.1% . It is also estimated that there would be 14 million new entrants into the labour market between 2009-2011
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Mental illness is any disease or condition that influences the way a person thinks‚ feels‚ behaves‚ and/or relates to others and to his or her surroundings. Although the symptoms of mental illness can range from mild to severe and are different depending on the type of mental illness‚ a person with an untreated mental illness often is unable to cope with life’s daily routines and demands. Mental illnesses can be put into two types - Psychoses and Neuroses. Psychoses: symptoms are normally severe
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Communications (GSM). Communication without doubt is a major driver of any economy. Emerging trends in socio-economic growth shows a high premium being placed on information and communication technology (ICT) by homes‚ organizations‚ and nations. Nigeria is not left out in this race for rapid development as the nation’s economy has been subjected to years of economic reversal via mismanagement and bad leadership. The Nigerian telecommunications sector was grossly underdeveloped before the sector was
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October 2011] ENVIRONMENTAL EFFECTS OF CHURCH PROLIFERATION: THE REDEEMED CHRISTIAN CHURCH OF GOD AS A CASE STUDY IBIYINKA OLUSOLA ADESANYA‚ PhD DEPARTMENT OF RELIGIOUS STUDIES SOCIOLOGY OF RELIGION UNIVERSITY OF ADO-EKITI ADO-EKITI‚ EKITI STATE NIGERIA Abstract The environmental effects of proliferation of churches continued to be a major concern to all and particularly those in the mainstream of environmental protection. So disturbing has it become that analysts begin to think of the need for
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JUVENILE DELIQUENCY IN IBADAN‚ NIGERIA CHAPTER ONE 1.1 INTRODUCTION In the 1990s‚ juvenile delinquency has become a major global problem. The rising incidence of juvenile delinquency in many countries may be caused by certain socio-economic problems often associated with development. These includes; poverty‚ rapid population growth‚ unemployment‚ urbanization‚ industrialization‚ inadequate shelter and housing‚ youth unemployment‚ and under employment‚ breakdown of the family unit‚ inadequate
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As the global crisis deepened‚ the foreign investors decided to exit the Nigerian capital market‚ by off loading their large volume of shares into the market. The market got saturated with shares without corresponding buyers. On the part of the retail investors they could not catch in to take profit as share certificates were not being issued promptly and the process of certificate verification at the Registrars offices took so long to be completed. Since the retail investor could not exit and there
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that happen going through the process of the wedding. A. I got married in Nigeria five years ago according to the southwestern tradition which is predominated by the Yoruba. One of the majority ethnic groups In Nigeria IV. Thus I will be talking to u about the process of the Yoruba traditional wedding. A. m sure you all are wondering who are the Yoruba’s i. According to travel.nationalgeographic.com‚Nigeria has more than 130million people with about 250 ethnic groups of which the Yoruba’s
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REGULATIONS OF FINANCIAL REPORTING IN NIGERIA INTRODUCTION Regulation of accounting information is aimed at ensuring that users of financial statements receive a minimum amount of information that will enable them take meaningful decisions regarding their interest in a reporting entity. The bodies responsible for these regulations are often statutory agencies such as the Financial Reporting Council‚ Securities and Exchange Commission and the
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