User Guide before placing order for complete project topics and materials:

It is important that the researcher knows exactly what he is go to do so that I could be done effectively.Make sure you update any research work you purchased on our website. Do not copy word for word. Using our research is legal. Our aim is to provide project topics and materials for easy access to information and to reduce stress of moving from one book stop or library to another in the name of sourcing for one research textbook or research materials. We do not encourage any form of plagiarism. Our aim is to generate research project ideas for students. The contents of the project material provide will help students to generate new ideals. Every researcher must look around him in his immediate environment and beyond to improve the work. To order the below complete project materials, Make payment deposit or cash transfer into any of the following banks:

GTBANK

Account Name: Chi E-Concept Intl, Account Number: 0115939447

Other payment options

We accept cash deposit, cash transfer and Bitcoin.

Click on download to complete your order.Call or Whatsapp +23408063386834

CLICK HERE TO CHAT WITH OUR CUSTOMER SUPPORT TEAM ON WHATSAPP

ABSTRACT: In the recent past, it is not uncommon to witness indent of collapse of financial Institutions. Such collapse may be due to a number of factors depending from the angle one view it from. The effect of bank distress on depositors. Can not be over –emphasized. It is against this backdrop that the researcher has decided to embark on research work to actually determine “the role of accounting in managing liquidation and distressed banks”. To ensure a thorough study. The researcher intends to engage respondents in an oral interview and administer questionnaire as well just to gather information. The researcher equally intend to get facts form accounting journals and gazelts and also from the internet. Various authors have within one related materials, the research will fund their work useful for the purpose of the study. Various textbooks that have treated a similar topic to thus, will be revisited various seminar paper written on this topic will also be relied upon on to ensure that a thorough research is chained out. Reasons why accounting play a role in managing and liquidation and distressed banks.

1. Incompetent management team- lack of capacity integrity and experience on the part of management team of same banks contribute to bank distress then with the concept of accounting they will be best equipped on how to manage such banks.
2. Poor internal Audit techniques – financial managers most of the time fail to put in place appropriable internal control techniques to check the operations of then banks. Accounting concept will then help to strengthen the system by making sure that standard are followed.
3. Undisclosed negative net worth- The distressed banks generally operate at a loss due to large proposition of un-recovered loans and non perfuming loans. Accounting concept would come into help to manage such banks so that they will be cuitaled.
4. Over dependence on business- in some distressed banks, member of the board of deuces depends un-duty upon the bank for financial and often assistance. It is for this reason that accounting will come to state how much to a limit a bouans privileged to enjoy help form the bank.
5. When there inadequate capitalization, distress will come in and at thus point, accounting will come into state how May banks should be managed looking at the fund to it is disposed.

 

ADVANTAGES

1. When accounting comes in, it reduces incidence of fraud, thus depositions are protected against umhole same practices that bank executives would want to perpentrate because of distressed.
2. A distressed bank that is being managed with accounting concept will ensure that standard are maintained and that winding up process is followed.
3. Such banks will not totally fade always but at may be opera try below break even point.
4. Such banks many and up being raved where lnexpenence and druid is   the cause of the distressed.
5. It make now for investigating and where facts are revealed culprits for apprehended and prosecuted thus a detract to other CEOs who may want to engager in such acts.

 

 

CHAPTER ONE

INTRODUCTION

1.1  Background of the study------------------------1-2

1.2  Statement of the problem ------------------------2

1.3  Research questions -------------------------------3

1.4  Significance of the study ------------------------4-5

1.5  Scope and limitation of the study ----------------6

1.6  Definition of terms  --------------------------------7

 1.7-------------------------------------------------------8

CHAPTER TWO

LITERATURE REVIEW

1. The Nigeria banking system and

how to operate-------------------------------------11

1. Liquidity problem signs--------------------------13
2. Capital  inadequacy --------------------------14-16
3.  The role of accountant as a liquidator in distressed banks.-----------------------------16-18
4.  Implication of distressed in the economy---19-21
5. Recommended measure of remedy distress in bank------------------------------------------21-36

CHAPTER THREE

1. Research designed and methodology -------37-44

Research  design

Population of the study

Instrument of data collection

Validation of the instrument  

CHAPTER FOUR

Analysis of financial statement 

1. Presentation and analysis of data ------------45-50

CHAPTER FIVE

Summary of finding, conclusion and Recommendation

1.  

               

 

 

 

 

 

 

 

CHAPTER ONE

                   INTRODUCTION

1.0  BACKGROUND OF THE STUDY

Failed  banks  recovery of debts and financial  malpractices  in bank decree No 18 of 1994 state that  perfessices  accountant can be appointed as a gaudier in distress bank provided that  he is not disqualified. Under section 500 and 510 of companies and of lied matters degree of 1994. Also an accountant can be disqualified from acting as a liquidation if he is not in posit to act independently. Accountants play a lot of role in managing and liquidating  distressed banks. A bank is said to be distressed when it can no longer meet up with the obligation of paying her depositors their money a rendering the service it was established for it is now the function of accountant with other government regulatory bodies to make due that nothing happens to the depositors money.

Accountants are in the forefront of managing and liquidating distressed bank.

 It is in the light of the absolver that the researcher wants to go into deters in bringing out the avow roles of accountants in managing and liquidating distressed bank.

1.1  STATEMENT OF PROBLEM

In even business venture or undertaken there is need for proper accountability and sound management of finance.  Accountant all the watch days for finance in any establishment without proper accountability, things will go wrong on terms of finance management and reward on investment from the inception of bank on Nigeria there has been serious cribs of bank faliure and distress in the banking industry. This in no doubt constitutes a set back in our request to become one of the lending economies of the would in the year 20-20-20. In order to sanitize our banking industry.  It is important to lnvive the protessional like accountants to make sure that things are done properly and due process is followed in every transaction.

It is in the light of the above that the researcher wants to investigate the role of accountants in managing and liquidating distressed bank in Nigeria.        

1.3  RESEARCH QUESTIONS

1. Does accountants play important roles in managing and liquidating distressed bank.
2. Does CBN interwar in management of distressed bank in Nigeria.
3. Are thee important roles played by accountants
4. Are customize of bank adequately rewarded  after a bank.   

1.4  SIGNIFICANCE OF THE STUDY

The significance of thus study is to achieve a great success in contributing the little; the researcher can if not a great deal in solving the problem of distressed banks in Nigeria by the accountants which will in turn bring about an immense change in the Nigeria banking sector.

It is as well hoped that the research will on lighten all the accountants in Nigeria on how best to mange and liquidate distressed banks.

Also it will about more noticeable contribution and improvements to both headquarter and other branches of troubled banks in Nigeria.

Furthermore, this study will serve as a means to tackle most of the intent problem effectively.

Again, it will help the society at large to be on the favourable side to know banks that will soon go out of business. Though the researcher restricted the study to Enugu metropolis and banks, the result of finding will be benefit to those that are into business ventures and accountant.

The importance of the study is that it will light let the importance and consequences of not managing the distressed banks properly.

Some of the benefits that may occur form this research work are as follows.  Banks will give them a way to face the problem that leads to liquidation of time, that is to say that it will reveal to them the cause of bank liquidation which they must guard against. The masses of accountants will equally benefits from this study because implementation of finding are recommendation in this study will automatically leads to improve standard of managing and closing the distressed banks.

          

1. SCOPE AND LIMITATIONS OF THIS STUDY:

This study basically covers the managing totally some of the distressed banks in the country. However, the researcher being a student combining this research with other academic work and also as a result of other constraints such as communication barrier, time factor, money and so on the scope of this study and much obstacles had contributed to the limitations of the entire research work and some of the constraints encountered include:

1. TIME FACTOR: Time was one of the greatest limitation factors in carrying out this research, work because the research had to be carried out concurrently with normal lecture schedule.
2. FINANCE: Availability of funded certainly contributed in determining the researcher’s area and special of investigations. Prices of all materials needed for the worth and its production led sky rocked to almost 12 times their prices in the recent past due to inflation.

 

1. DEFINITION OF TERMS:

BANK: This is an organization that provides various financial services, and accepting of valuables from their customers.

LIQUIDATING: It is process of closing a business and selling everything it owns in order to settle their debtors.

ACCOUNTANT: An accountant is that person who undergo training in accounting system.

DISTRESSED: It is a problem caused by not having enough money.

 

 

1.7  OBJECTIVES OF THE STUDY:

This research work studies the role of accountants in managing and liquidating distressed banks. More especially the objective of these study are: 

1.     To find out the roles which the accountant can play in managing and liquidating distress banks.

2.    To find out the reason behind bank going into distress.

3.    To find out the problems being encountered by the management during this period.

Get the complete project material now!