ACCOUNTING PROFESSION, A PANACEA IN THE RECAPITALIZATION OF BANKING SECTOR (AN EMPIRICAL STUDY OF FEW SELECTED BANKS IN NIGERIA)

ABSTRACT The research was poised in finding out whether accounting profession is a panacea in the recapitalization and thus ascertained equally how the knowledge of professional accountants bring positive impact in the recapitalization of Nigerian banks.  One of the objectives of the study is examine the reasons for neglecting Accounting models and techniques in addressing bank financial issue/recapitalization.  The population variable of 132 employees of selected banks and a sample size of 99 were highly utilized.  Four hypotheses were formulated and tested with Z test method of data analysis, using four liket type.  Among other things one of the major finding were that Accounting profession is imperative n the recapitalization of Nigerian banks.  The researcher concluded that recapitalization cannot work-out without Accounting profession.  Finally, Nigerian banks should involve the service of professional Accountant in top decision making and recapitalization.

TABLE OF CONTENT Title page           Approval page   Dedication  Acknowledgement           Table of Content       Abstract               
CHAPTER 1:  Background of the study                      Statement of problem                            Purpose of the study                          Significance of the study                  Scope of the study                Research hypothesis                              Definition of terms           
CHAPTER 2:  REVIEW OF RELATED LITERATURE Reasons for the new capital base for banks          Reasons for mergers       Form of Merger             How to avoid failure in mergers and acquisition                       Mergers arrangement                            What the future holds for mergers and acquisition      The positive change which the current reform (Recapitalization)has on the economy                     The key element of the Recapitalization (Reform) by the CBN     The evaluation of Accounting profession as a whole from different perspective                                          Functions of Professional Accountants           Summary of the review/missing link      References                                            
CHAPTER 3:  RESEARCH METHODOLOGY. Area of study                                     Research design                   Data sources and collection                            Population of study                          Sampling procedure and sample size                        Problems and limitations of data                Validation of instrument                             
CHAPTER 4:  DATA ANALYSIS AND TECHNIQUES. Research Hypothesis                           
CHAPTER 5:  SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION. Discussion of findings                         Conclusion                       Recommendation                  Bibliography          Appendix                           Questionnaire