Browsing by Author "KASUM, Abubakar Sadiq"
Now showing 1 - 3 of 3
Results Per Page
Sort Options
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 EFFECT OF RISK MANAGEMENT ON INVESTMENT STRATEGY AND CONTRIBUTORY PENSION SCHEME SUSTAINABILITY NEXUS IN NIGERIA(Department of Accounting & Finance and Business Administration, Fountain University, Osogbo, Osun State., 2020) ALIU, Olanrewaju Atanda; SALAM, Mudathir Olanrewaju; HALIRU, Adeshola Nurudeen; KASUM, Abubakar SadiqIn line with the increasing desire for sustainability across numerous areas of study, occupational pension sustainability has emerged among the core objectives of pension reforms. Thus, this study assesses the impact of risk management on the relationship between investment strategy and sustainability of contributory pension scheme (CPS) in Nigeria. Using data obtained from survey of 197 managers and assistant managers of pension fund administrators that manage CPS fund in Nigeria, the study employs partial least square structural equation modelling to examine the effects of investment strategy and risk management on sustainability of CPS. The study further examines the moderating effect of risk management on the relationship investment strategy and contributory pension scheme sustainability. Findings reveal that investment strategy and risk management have significant positive effects on the sustainability of CPS in Nigeria. Further analyses show that risk management has negative moderating effect on the relationship between investment strategy and the sustainability of CPS. The implications of the findings to management practices of the Nigerian CPS were presented among which we recommend that pension fund administrators need to strike a balance between their investment strategy and risk management decisions. This would improve their liquidity, reduce the risks to the minimum and facilitate the sustainability of the pension fund entrusted in their management.Item Impact of Compliance with Sustainable Development Related Accounting Standards on Financial Position and Market Value of Nigerian Quoted Companies(Faculty of Management and Social Sciences, Ibrahim Badamosi Babangida University Lapai, Niger State, 2011-12) KASUM, Abubakar Sadiq; ALIU, Atanda Olanrewaju; SALAM, Mudathir OlanrewajuThe study is a follow-up to the presentation at the 16th AISDRC in Hong Kong, which among other critiques suggested that other performance indicators, besides profitability, are studied in relation to sustainability. The study and still is against the background that sustainable development practices may involve financial outflows and hence, may be an unattractive investment to managers. this present study evaluated the impact of corporate compliance to accounting standards that are deemed to enforce sustainable development practices and can, therefore, imply sustainable development practices by companies, on financial position and market value of quoted companies in Nigeria. Forty-four companies that have existed since financial reporting standardization began in Nigeria were studied over five years, using Regression statistical technique. The coefficient of determination (R2) results showed that sustainable development practices of companies relates in a very insignificant extent with better asset worth and improved market value