Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

THE ROLE OF ACCOUNTANT IN THE PROJECT EVALUATION IN THE OIL SECTOR (A CASE STUDY OF SHELL PETROLEUM DEVELOPMENT COMPANY, PORTHARCOURT)

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 60 ::   Attributes: Questionnaire, Data Analysis,abstract, table of content, references ::   226 people found this useful

Project Body:

ABSTRACT

 

This project work centres on the “Role of an accountant in project evaluation in the oil sector”. The objectives of this research work are to know whether project evaluation process have a better cash flow stream, to know what extent has project evaluation helped the oil sector and finally know if project evaluation and selection has improved the sector. In the course of this study, the researcher decided to use simple random sampling. The population of the study consist of 200 management staff as well as board of directors and a simple size of 100 was selected through random sampling method. The primary data collected were analyse using table schedule arithmetic differences in figure simple rate and also simple percentage. The finding reveals that project evaluation is a strong instrument for obtaining ivan from bank and other financial institutions. It further shows that the accountant uses project evaluations in project selection to make best project selection, in addition to choosing the best cash flow, it also provide the accountant  with the best investment option in a company. Some of the recommendations are that the accountants should carry out project evaluation in every industry. Also is that they are advised to master the use of Net present value (NPV) technique in evaluating a project since it improves the time value of money. Further research on the topic is highly recommended as no knowledge is a waste. 


 

TABLE OF CONTENTS

Title page

Abstract

Table of contents

CHAPTER ONE

1.0     Introduction

1.1            Background of the study

1.2            Statement of problem

1.3            Objective  of the study

1.4            Significance of the study

1.5            Research Question

1.6            Formulation of Hypothesis

1.7            Scope of the study

1.8            Brief history of shell petroleum development Company of Nigeria Limited (SPDC)

1.9            Definition of terms

 

CHAPTER TWO

2.0     Literature Review

2.1            Research Question / Hypothesis theories

2.2            Current literature in theories mode Hypothesis and Research Question

2.3            The scope and nature of project evaluation

2.4            Cash flow implication and project evaluation

2.5            Corporate goal and investment decisions

2.6            The Role of the Accountant in project evaluation

2.7            The oil sector and project Evaluation

2.8            Summary of the literature review

CHAPTER THREE

3.0     Research Methodology

3.1            Design of the study

3.2            Area of the study

3.3            Population of the study

3.4            Sample method

3.5            Instrument for data collection

3.6            Validity of Reliability

3.7            Distribution and retrieval of instrument

 

CHAPTER FOUR

4.0     Data presentation and Analysis

4.1            Analysis of data

4.2            Test of Hypothesis

CHAPTER FIVE

5.0     Summary, conclusion and Recommendation

5.1            Summary of findings

5.2            Conclusion

5.3            Recommendation

5.4            Limitations to the study

References

 

Questionnaires 


 

CHAPTER ONE

1.0     INTRODUCTION

1.1     BACKGROUND OF THE STUDY:

Project evaluation is of dual approaches vis-à-vis project and evaluation. Project has to do with investment decision which most of these decision have direct effect in future profitability of the organization either because they will result in an increase in revenue generation or they will bring about an increase in efficiency and cost effectiveness.

          In the other hand, evaluation has to do with the analysis of the investment to see whether it will be worth while to take decision on it to go ahead with project’s expenditure.

          According to Aguolu, P.S.O (1997:6), investment decision are the use of funds on long term asset. What is needs in investment should be known before financing decision are to be taken. “A peculiar aspect of these is that they involve future benefits which are in many cases difficult to predict”. The investment decision of a firm are commonly known as “capital budgeting or capital expenditure decision”.

          Aguolu, P.S.O, (1997:70) “states that capital budgeting decision is that financial decision which involves and outlays of funds in the present time with the expectation of future returns over a period of time”. He further sees project evaluation as one of the capital budgeting processes.

          On this note, the accountant plays the role of evaluating the suitability and adaptation of the project in relation to profit maximization.

Also in evaluation, the project is expected to be measured on incremental basis what determines. The acceptance of a project is it’s changes (positive in the firms revenue, cost and tax strems). In contrast, cash flow that would be changed by the investment should be degraded.

1.2     STATEMENT OF PROBLEM

As a technical and creative aspect of human endeavour, project evaluation requires knowledge, experience and all the skills needed by a manager to perform job effectively. The accountant’s competence in project evaluation during his choice of a project for the organization is very significant.

          In a free market economy, it is generally delivered that the investors pays for an investments or intrinsic value. The problem here is how can the accountant relate the future cash flow, the expected returns and the degrees of risks associated with the investment to the market economy.

          Another problem the accountant may be faced with is the calculation formula, he will effectively use the evaluation formula so as to rationalize... 


Get The Complete Project »

Project Department:

MORE ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

Instantly Share this Project On Social Media:

CLOSELY RELATED ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF ACCESS BANK)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   2842 engagements

CHAPTER TWO REVIEW OF RELATED LITERATURE Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially...Continue reading »

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   2053 engagements

ABSTRACT The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that th...Continue reading »

AN EVALUATION OF THE PERFORMANCE OF NIGERIAN STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIA ( A CASE STUDY OF NIGERIAN STOCK EXCHANGE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 78 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1266 engagements

HISTORICAL BACKGROUND OF THE NIGERIA STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIAN. The nigeria stock excahnge denoted by NSE is a government establishment where stocks are traded on a daill...Continue reading »

APPLICATION OF BUDGETS AND BUDGETARY CONTROL MEASURES IN A NON-PROFIT ORGANIZATION: A CASE STUDY OF APOSTOLIC CHURCH, DELTA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1269 engagements

2.1 CONCEPTUAL FRAMEWORK A budget is can be defined by accountants as “a planned outcome to be generated and for the expenditure to ensure during that period and the capital to be employed to a...Continue reading »

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN CALABAR LOCAL GOVERNMENT AREA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1125 engagements

ABSTRACT The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale enterprises cannot function properly if they are not ...Continue reading »

ASSESSMENT OF ADEQUATE RISK RECOGNITION AND MANAGEMENT IN NIGERIAN INSURANCE COMPANIES (A CASE STUDY OF UNION ASSURANCE COMPANY, UYO)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 86 ::   Attributes: Questionnaire, Data Analysis  ::   935 engagements

THE CONCEPT OF RISK Risk has been the subject of study by different scholars over the years with several meaning and definitions. But the most accepted definitions are that of J.E Banister and P.A Baw...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Anderson from ABU said "thank you so much for great delivery. God will continue to bless you business. your website will always gain favour and growth from God...thank you".
    Rating: Excellent
  • 2. Adegboyega from ridwan said ""i like the confidence you guys installed in me. i never knew there are still some good people in Nigeria; my job was delivered on time as promised ".
    Rating: Excellent
  • 3. Oreokuwa Seun from KSU said "thank you for delivering as promised. though there was a one day delay but I got my work and it has great quality. Thank you Mr Donald. Thank you miss love. God bless you".
    Rating: Very Good
  • 4. Danladi Isa from ABU said "thank you uniprojectmaterials.com, all I can say is thank you for being reliable. I appreciate.".
    Rating: Excellent
  • 5. Mohammad I. Musa from UNIMAID said "Thank you guys for your honesty, i will introduce my friends to uniprojectmaterials.com, May God bless your team....".
    Rating: Good
  • 6. Ademola Ayodele from FUTMINA said "i like the confidence you guys installed in me. i never knew there are still some good people in Nigeria; my job was delivered on time as promised..your help desk service is just ok. i have friends to recommend you guys to in January. thank you God bless you. ".
    Rating: Excellent

Paper Information

Format:ms word
Chapter:1-5
Pages:60
Attribute:Questionnaire, Data Analysis,abstract, table of content, references
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives