Browsing by Author "ABOGUN, Segun"
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Item Assessment of Personal Income Tax Knowledge among the University of Ilorin Staff(Department of Accounting & Finance and Business Administration, Fountain University, Osogbo, 2018-04) SALAM, Mudathir Olanrewaju; KASUM, Abubakar Sadiq; BAMIGBADE, Dayo; ABOGUN, SegunTaxpayers’ knowledge of what constitutes taxable income, claimable tax reliefs and allowance and applicable tax rates reduces uncertainty within the tax system. Inadequate knowledge of the tax system may affect tax compliance adversely. This study assesses personal income tax knowledge among the University of Ilorin Staff. Using proportional stratified random sampling technique, sample size of three hundred and sixty five (365) staff was chosen from both academic and non-academic staff. Data was collected through the use of a structured questionnaire; the study applies both descriptive and inferential statistics. The Mann-Whitney U and Kruskal-Wallis tests were used in testing the hypotheses of the study. Results indicate that staff of the University of Ilorin have relatively low knowledge of personal income tax. However, the personal income tax knowledge of the non-academic staff is higher than academic staff. The personal income tax knowledge of males and female staff are the same and also, there is significant difference in personal income tax knowledge levels across four different educational qualifications of the staff. Based on the findings, it is recommended that State Internal Revenue Service, which is charged with the responsibility of administering the personal income tax in Nigeria, should provide adequate personal income tax education to taxpayers.Item EVOLUTION OF DEPOSIT MONEY BANK'S EFFICENCY IN NIGERIA: DATA ENVELOPMENT ANALYSIS(Department of Accounting & Finance and Business Administration, Fountain University. Osogbo, 2017) AJAYI, Micheal Adebayo; NAGERI, Ibraheem K.; ABOGUN, Segun; ABDULMUMIN, B. AyoolaAbility of banks to manage risk and make better use of informational disproportion between borrowers and lenders are the essence of bank’s activities. The efficiency of Nigerian banks has become more compelling bearing in mind the various banking reform and regulations adopted by the Central Bank of Nigeria in recent year. The objective of this study is to evaluate the efficiency of deposit money banks quoted on the Nigerian Stock Exchange during the period of 2011-2015. The study follows the intermediation approach, using the Data Envelopment Analysis. Result indicates that the national licensed banks have better mean efficiency score in 2011, 2012, 2013, the international licensed banks are better in 2014 and the 2015 score shows no significant difference. The best performing bank with international license is GT Bank while Stanbic IBTC and Sterling bank are the joint best practice banks with national license. The inefficiency is attributed to scale inefficiency rather than pure technical inefficiency. Recommendations include that the regulatory authorities should be proactive in their function to cover aspects of loan disbursement, deposit mobilization and investment assets and ensure compliance.Item The influence of Corporate Governance on Creative Accounting Practices in Nigeria(The Department of Business Administration, University of Ilorin, Ilorin, Nigeria, 2013) FAGBEMI, Temitope Olamide; ABOGUN, Segun; SALAM, Mudathir OlanrewajuThe collapse of some corporate organisations in Nigeria has brought the issue of creative accounting and corporate governance to the forefront. Hence, this study examines the relationship between corporate governance and creative accounting practices from selected Nigerian companies. Using respondents from twenty-five Nigerian companies that have their head offices located in Lagos State, the propositions made were tested using Pearson product coefficient of correlation and regression analysis. Findings from the study suggest that there is significant and positive association between rule observance and creative accounting practices. Evidence also exists on the relationship between creative accounting practices and the decision usefulness of the financial statements. The study concluded that effective corporate governance is necessary to the proper functioning of corporate firms. Finally, the study recommends that corporate governance should be used as a tool to help stem the tide of creative accounting practices.