Audit Report and Going Concern Assumption in the Face of Corporate Scandals in Nigeria

The study examined the issue of audit reporting and going concern in the face of corporate scandals in Nigeria. We adopted the survey research design. An instrument containing 20 items was designed using the 5-point Likert scales ranging from strongly agree (5) to strongly disagree (1).  A total of 60 samples were drawn from the target population using the simple random sampling technique. Out of the 60 questionnaires administered, 44 were returned upon which the analysis was based. Data analysis was carried out with the aid of SPSS (Statistical Package for Social Sciences). The Chi-square statistical technique was used to test the hypotheses at 5% alpha level. It was found that there are differences in going concern reporting among independent auditors. We also found out using the data analyzed that there is a significant relationship between going concern reporting and corporate failures. The study recommended based on these findings, that all involved in the preparation and audit of financial statement must pay careful attention to going concern assumptions. Keywords: Audit Report, Going concern assumption, corporate failur

Human Resources Accounting Disclosures in Nigeria Quoted Firms

This study was carried out to ascertain the relationship between firms’ financial performance and human resources accounting disclosures on one hand, and the differences in human resources accounting disclosures reporting level between financial sector and non-financial sector companies quoted in the Nigerian Stock exchange.The study made use of secondary sources of data in eliciting the required information needed for this research. The sample size consisted of fifty (50) listed firms randomly drawn from all sectors in Nigeria. Multiple Regressions was used to analyze the possible relationship between firm financial performance and Human resource Accounting Disclosure in Nigeria, using the statistical package for social science (SPSS) version 15.0.The study finds that a positive relationship exists between the financial performance of a company and its level of Human Resource Accounting Disclosure. The study also indicates that financial companies are disclosing human resources accounting information more than non financial companies and that company’s profitability positively influences companies to report the human resources accounting information in their annual report. Keywords: Human resource, financial performance, disclosures

Temperature Distribution on the Rate of Heat Transfer around a Spur Gear Tooth

temperature distributions on a spur gear tooth. The gear tooth was subjected to temperature variations both at the top and root as well as variations in the respective coordinate of the material particles. The developed model was further used to evaluate the rate of heat transfer through the gear material. The result showed that the heat flux decreases with increasing values of Z which represent the particle coordinate. However, change in Z coordinate also constitute increased random motion of the particles in the gear causing steady degradation even at decreasing heat flux. Therefore, the study has revealed that temperature variation has negative effect on the wear mode of the gear material and at higher temperature, failure of the gear tooth would set in

The Role of Physical Distributionin Supply Chain Enterprise and the Accompanying Bottleneck Problems: A Review

Physical distribution is the core component that determines the general performance of supply chain administration because it is the logistics platform that enables the entire supply chain organization to manage and optimize the movement of productswithinthe value chain enterprise.However, there are bottleneck problems attributable to physical distribution that limitsthe general effectiveness of the valuechain. Consequently, the literature appraisal aims to identify andsynthesize into adocument the underlying bottleneck problemsassociated with physical distribution in the supply chain environmentto guide stakeholdersin the industryand chart future research direction for effective physical distribution policiesto further enhancethe supply chain organization. Among theproblems identified are, cost, ineffective information technology, transport problem, limited capacity, inventory, regulatory laws, and facility location. Other problems includepoor infrastructure, inadequate technical ability, tax,and environmental factors.The identified problems can be used for value stream mappingof physical distribution to identify process improvement opportunities for a more efficient supply chain organization

Design and performance evaluation of centrifugal cashew nut sheller for improving the whole kernel recovery

Cashew nut centrifugal shelling machine was designed and constructed. Shelling efficiency and whole kernel recovery were evaluated for hot-oil roasted nuts on the machine. The design was based on the principle of the optimum kinetic energy that could break the cashew nut shell. The deformation energy used was 4.8763 J. The angular velocity of the impeller calculatec! from the energy was 376.12 r s·1 which was equal 3592 r min-1• The motor power used was more than 9 17.34 W, the minimum power requirement. The prototype of cashew nut sheller was constructed and evljluated for its shelling efficiency (SE) and whole kernel recovery (WKR) using three levels of moisture content (7.00% w.b., 8.46% w.b. and 9.83% w.b.), three levels ofirnpeller speeds and three grades (large, medium and small) of nut sizes. The results showed that the moisture content had a significant effect (at P<0.05) on the SE and WKR for all the grades of the nut. However, the impeller speed has a significant effect on the whole kernel recovery of medium and small nuts. The predicted optimal values of the WKR and SE for large nut were 65.4% and 96.8% respectively at 3110 r min-1 and 9.06% w.b. For medium nut, they were 51.62% and 93 .24% respectively at 3487 r min-1 and 8.92% w.b. For small nut, they were 37.95% and 92.56% respectively at 3487 r min-1 and 9.83% w.b

Constitutive Model to Analyse the effect of Variation in Temperature Distribution on the Rate of Heat Transfer around a Spur Gear Tooth

emperature distributions on a spur gear tooth. The gear tooth was subjected to temperature variations both at the top and root as well as variations in the respective coordinate of the material particles. The developed model was further used to evaluate the rate of heat transfer through the gear material. The result showed that the heat flux decreases with increasing values of Z which represent the particle coordinate. However, change in Z coordinate also constitute increased random motion of the particles in the gear causing steady degradation even at decreasing heat flux. Therefore, the study has revealed that temperature variation has negative effect on the wear mode of the gear material and at higher temperature, failure of the gear tooth would set in