Inflation accounting in nigeria
Learn more about the nigeria economy, including the population of nigeria, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic freedom . This page provides - nigeria gdp annual growth rate - actual values, historical data, forecast, chart, statistics, economic calendar and news accounting for . Inflation accounting and control through monetary policy measures in nigeria: multi-regression analysis (1973-2010) wwwiosrjournalsorg 54 | page.
Zaid abubakar download with google download with facebook or download with email the value relevance of inflation accounting disclosure of quoted petroleum firms in nigeria. Nigeria inflation rate - forecast inflation rate in nigeria is expected to be 900 percent by the end of this quarter, according to trading economics global macro models and analysts expectations. This study investigates the comparative value relevance of historical cost accounting and inflation adjusted accounting information in nigeria historical cost financial statements of a sample of companies obtained from.
Impact of monetary policy in controlling inflation in nigeria background to the study inflation is a serious macroeconomic problm that creates complications for economic measurement, and brings uncertainty when we try to look into the future. Budget deficit and inflation in nigeria: a causal relationship 1 s o oladipo and 2 t o akinbobola 1 department of economics and accounting, bells university of technology, ota, nigeria. The analysis of the effect of petroleum profit tax on nigerian to investigate the effect of ppt on inflation rate in nigeria during any such accounting . (2012) reveals that over the last few decades, high inflation in nigeria has caused yield on investment to decline which government department of accounting .
Abuja (reuters) - nigeria’s inflation rate rose in august over the previous year for the first time in a year and a half, driven by food prices, the statistics office said on friday the slight . Inflation and capital market performance: department of management and accounting, ladoke akintola university of nigeria inflation impedes efficient resource. Causes, effect and solution to inflation in nigeria: a case study of edo state abstract the study examines the impact of inflation on economic growth of nigeria. Variable model that inflation is an inertial phenomenon in nigeria and ghana, and money innovations are not strong and statistically important is determining prices when compared will price shocks themselves.
Inflation accounting in nigeria
Nigeria has a very narrow tax base with the oil and gas sector accounting for 75%-80% of total tax receipts and 23%-25% of gdp the non-oil sector accounts for 20%-25% of tax receipts and 5%-7% of gdp. Definition of inflation accounting: adjusting financial statements to show a firm's real financial position in inflationary times it aims to indicate how rising prices and lower purchasing power of the currency affect a firm's cost of . The study evaluates the effect of inflation accounting on business income measurement of quoted manufacturing companies in nigeria it specifically examined the historical cost and the current cost accounting measure in relation to companies profit level with regards to depreciation cost, tax and dividend.
- On the effect of inflation on economic growth in tanzania concluded that inflation has been harmful to economic growth in tanzania but they did not show the degree of responsiveness of gdp growth rate to changes in the general price levels.
- In nigeria the financial accounting policy making body nigerian accounting standard board [nasb] found itself in a dilemma on how and which inflation adjustment model should be used, owing to the .
The effects of inflation on economic growth will be examined bearing in mind as it is claimed, that a country will grow faster in real for nigeria’s inflation . The effect of inflation on the nigerian economy several definitions of inflation are in existence inflation is a situation in which there is price level or in which there would be such a persistent upward movement but for the presence of direct control over prices. Inflation accounting comprises a range of accounting models designed to correct problems arising from historical cost accounting in the presence of high inflation and . The problem this study attempts to address is to evaluate the efficiency of monetary policy in controlling inflation in nigeria accounting information in nigeria .