Accounting Profession and Ideals of Development: Is there a Nexus?

Autor:	Nwosu M. Eze
Rok vydání:	2016
Předmět:	Government Shareholder business.industry media_common.quotation_subject Business community Accounting Public relations business Function (engineering) Nexus (standard) Professionalization LEAPS media_common
Zdroj:	IOSR Journal of Economics and Finance. :42-48
ISSN:	2321-5933 2321-5925
DOI:	10.9790/5933-0704024248
Popis:	As the Nigeria economy develops, corporate organizations become increasingly popular and the number of shareholders also increase in leaps and bounds. The separation of ownership and management has led to a need for authoritative and reliable standards of financial reportingand therefore professionalization of the accounting function and subsequently, the accountancy profession. Therefore, determining the accountancy functions and the role the profession plays in Nigeria's economy becomes inevitable. The paper evaluates the role the accountancy profession plays in fostering the ideals of NEEDS, NEPAD and AGOA in Nigeria. The paper brings together existing knowledge regarding the accountancy profession and its skills while stating them in practical terms. It reveals that lack of the involvement of the Accountancy profession in the business community and government is a major cause that hinders growth and development. The paper recommends among other things the role of the accountancy profession plays in the implementation and realization of the ideals of Nigerian government's NEEDS and similar initiatives (NEPAD AND AGOA).
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e47307fac4fed4054d2db53ada47bdfc https://doi.org/10.9790/5933-0704024248 Zobrazit plný text záznamu