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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REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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How serious was opposition to Henry VIII’s religious changes? To an extent‚ Opposition to the religious reforms by Henry VIII wasn’t overly serious‚ the opposition did have some potential to cause damage but the danger was never severe enough to undermine the Tudor dynasty or threaten the omnipotent once of the “Most Christian King”. Opposition was only as serious as the support it had‚ which is why The Pilgrimage of Grace of 1536 was the most dangerous form of opposition. Henry ensured that disapproval
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POPULATION GROWTH The absence of virtually any reliable current demographic data has not prevented national and international bodies from generating estimates and projections of population and population growth in Nigeria. The World Bank estimate of Nigeria’s 1990 population was 119 million‚ with an estimated annual growth rate of 3.3 percent. Although other sources differed on the exact figure‚ virtually all sources agreed that the annual rate of population growth in the country had increased from
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described customary law in various ways. Okany: in “The Role of Customary Courts in Nigeria” described customary law of a community as a ‘body of customs and traditions which regulate the various kinds of relationship between members of the community. Obaseki‚ J.S.C. (as he then was) in the case of Oyewumi v. Ogunsesan defined customary law as follows: “The organic or living law of the indigenous people of Nigeria regulating their lives and transactions‚ it is organic in that it is not static.
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When some think back to when America was expanding they might not think of the war we went against with Mexico‚ but this point in time was a huge part of the expansion. Other thing still had a continuation when the war was taking place such as: the annexation of oregon territory (1846)‚ the first diamond is laid out in Cooperstown‚ new york (1840)‚ and due to the Mexican cession the US’s size increased bey 50% (1846). Texas won its independence from Mexico in 1836 in a battle at the Alamo. This then
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How Democratic Was Andrew Jackson? Democracy is defined as rule by the people‚ either exercised directly or through elected representatives. Politically‚ being a democracy basically means the people have a say in government. A democratic person would typically believe in voting rights for all adults‚ the right to run for political office‚ freedom of speech‚ majority rule‚ and so on. Andrew Jackson is the main political leader connected so often with this type of government‚ and he’s said to be
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The European nations greatly benefited from the colonization of the Americas. From the Americas‚ the Europeans gained wealth‚ crops‚ land‚ and slaves through the Triangular Trade. However‚ despite the benefits of colonization‚ we should not ignore the numerous negatives as well. The Native Americans and the African slaves‚ where two groups of people who suffered from what the Europeans considered an achievement. While colonization heavily damaged the indigenous and the enslaved people‚ it is also
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Explanation of how successful the Delian League was: In my understanding‚ I strongly believed based on history and research that the Delian League recorded huge success. They are great advantages over the Persians and therefore used the opportunity to register victory in the area of military administration and control. In all the battles‚ great fear was in their rivals due to the defeat registered even before the league. The administration success over the conquering of the Thracian Chersonese and
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International Marketing Plan Report (Pizza Hut) (Target Market-Nigeria) Submitted to: Dr. Jawahitha Sarabdeen Subject: Marketing in a Global Economy (TBS982) Due date: 5th December 2013 Prepared by: Nithin Suresh 4465702 Noel Philip 4471350 Mohammed
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