Description
INTRODUCTION
This research work is on the evaluation of stocktaking and checking in the verification and valuation of stock is with few exception a statutory obligation for the audit of the company’s accounts for its annual balance sheet upon this will be determine both the dividend to be paid to shareholders and the tax to paid to the board of internal revenue.
Stocktaking is a method whereby stocks are checked or verified from time to time during a particular period that is to say either periodically, weekly, daily or consistently throughout the year.
It is a method of ascertaining the position and extent of stockholding in storehouses, warehouses, at a particular period of time, to make sure that stocks are not unduly tied up in stock, and that through this means, it will be possible to detect and ascertain the situation of stocks items of their deterioration, obsolete, obsolesce and redundancy.
Stocktaking and checking is most manufacturing companies may be carried out by a number of person and involves a lot of preparations. The following are the types of information which should appear on the sheets or cards used for stocktaking.
i) Serial number of stocktaking
ii) Data of stocktaking.
iii) Location
iv) Vocabulary
v) Value of stock found
vi) Quality of stock
vii) Description etc.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the study
1.2 Statement of the problems
1.3 Objective of the study
1.4 Significance of the study
1.5 Research questions
1.6 Scope of the study
1.7 Limitation of the study
1.8 Definition of terms
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 What is stocktaking?
2.2 Application of stocktaking
2.3 Relevance of stocktaking
2.4 Methods of stocktaking
2.5 Problems involved in stocktaking
2.6 Impacts of stocktaking
2.7 Stock, obsolescence and redundant
2.8 Control of stock
2.9 Impacts of control of stock
CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY
3.1 Introduction
3.2 Research design
3.3 Sources/methods of data collection
3.4 Population and sample size
3.5 Sample technique
3.6 Validity and reliability of measuring instrument
3.8 Method of data analysis
CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF DATA
4.1 Introduction
4.2 Presentation of data
4.3 Analysis of data
4.4 Interpretation of result(s)
CHAPTER FIVE
5.0 SUMMARY, CONCLUSION, AND RECOMMENDATION
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendation
References