A CRITICAL REVIEW OF ACCOUNTING SYSTEM IN NIGERIA INSURANCE INDUSTRY. A CASE STUDY OF INDUSTRIAL AND GENERAL INSURANCE COMPANY LTD
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A CRITICAL REVIEW OF
ACCOUNTING SYSTEM IN NIGERIA INSURANCE INDUSTRY. A CASE STUDY OF INDUSTRIAL AND
GENERAL INSURANCE COMPANY LTD
ABSTRACT
This study
will survey a critical review of the accounting system in Nigeria’s insurance
industry.
This study as
a case study is an attempt to review the problems of accounting system in
industrial and general insurance company limited. It has become necessary because of proper
understanding and correct treatment in various items in the account. This study will make a fair contribution
towards the understanding of the treatment of various items by insurance
companies.
In collecting
the data for the study, the researcher will made use of the tools like
structured and in structured interview and question will form primary method
data collection while secondary will consist annual report, accounts, journals,
insurance year book, and text books etc.
Finally, the
conclusion will be that though there are lack of proper understanding and
correct treatment of various items in the accountant of the insurance
companies, however, the problem can be solve if the researcher can bring to
light the difference in the treatment of various items by insurance companies
and its effect on intra and inter-company comparison.
TABLE OF
CONTENTS
Title page
Approval page
Dedication
Acknowledgment
Abstract
Table of content
CHAPTER ONE
1.0
Introduction
1.1 Background of
study
1.2
Statement of problem
1.3 Purpose
of study
1.4
Significance of study
1.5
Definition of terms
1.6 Scope
and limitation
CHAPTER TWO
2.0 The
concept of accounting in the insurance industry (IGI)
2.1 History of
insurance company (IGI)
2.2
Organization of insurance company (IGI)
2.3 Purpose
of insurance company (IGI)
2.4
Provision of the insurance decree 1991
2.5 The
national insurance supervisory board (NISB)
2.6
Accounting concept ad convention used in insurance company (IGI)\
2.7
Treatment of various items in insurance company (IGI)
CHAPTER THREE
3.0 Research
methodology
3.1 Source of data
3.2
Population characteristic
3.3 Nature
of data analysis
3.4
Hypothesis testing
3.5
Identification of variable
CHAPTER FOUR
4.0
Introduction
4.1 Analysis of
general characteristic of respondents
4.2 Analysis
of direct respondents
4.3
Hypothesis testing
CHAPTER FIVE
5.0 Summary
5.1 implication of
the summary
5.2
Recommendation
5.3
Conclusion
Bibliography
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