Browsing by Author "Kasum, A.S"

Now showing 1 - 3 of 3
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    Assessment of Personal Income Tax Knowledge among the University of Ilorin Staff.
    (Department of Accounting and Finance and Business Administration, Fountain University,, 2018) Salam, M. O.; Kasum, A.S; Bamigbade, D; Abogun, S.
    Taxpayers’ 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.
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    The global endemic nature of financial malpractices: an analytical appraisal
    (Department of Business Management, Faculty of Management Sciences, University of Maiduguri., 2005) Adefila, J.J; Kasum, A.S; Olaniyi, T.A
    It is increasingly becoming a commonplace knowledge that virtually every facet of the nation’s economy is enmeshed in financial inadequacies. It is equally not in doubt that to an average educated Nigerian, fraud in the form of financial mismanagement has become a bed-mate to our national life. The above scenario brings to question as to whether Nigeria is an island of corruption and hence making saint of the rest of the world. In an attempt to address this rather imposing question, study examines financial malpractices on a global terrain in order to have the picture of the global occurrences and of course, the position of Nigeria in the comity of nations. To this end, the study specifically examines the occurrences in Nigeria using the banking industry as a showcase. From this point, it went further to examine the bank crises at a global level using the experiences as obtainable from some selected countries. The global economic mismanagement of political leaders was equally brought to light. Since all these have a devastating effect on the economy by increasing the poverty index and hence reducing the standard of life, the study further revealed the comparative standard of life of some selected countries. The Nigerian placement on the corruption index was equally delved into, all in an attempt to have the position of Nigerian in the scheme of things. The study being a theoretical exposition made use of the available records of relevant agencies of Government, World Bank reports and publications of the Transparent International. The mode of analysis was purely descriptive but supported with facts and figures. The study was concluded by, recommending that though fraud is endemic; curbing it would require organizational awareness of what it takes to prevent its occurrence. Once each organization leaves to expectation the nation and the entire world will be better for it.
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    Value Relevance of Accounting Information: The Moderating Effects of Accounting Conservatism in a Frontier Market
    (Department of Business Administration, University of Maiduguri, Maiduguri, Nigeria, 2020) Abogun, S.; Olowookere, J. K; Kasum, A.S
    This study examined the value relevance of accounting information and the moderating effect of conservatism on the value relevance of earnings. The Ohlson equity valuation model was used in this study as basis for model specification. Explanatory research design was employed and as such, panel data were obtained from secondary sources. The model of the study was estimated using panel fixed effect estimation technique. The study found that accounting information, which includes earnings, book value of equity, dividend, and conservatism have significant impact on share price. The interaction term, which measured moderating effect, was significant. Therefore, the study concludes that accounting information is value relevant, and conservatism moderates the value relevance of earnings. Hence, it is recommended that accounting conservatism be applied in a greater measure by company chieftains in preparing financial statements.