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The role of accounting in the control of private and public sectors of the Nigerian economy – case study of Chidex Group of Companies and Power Holding Nigeria ltd

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The role of accounting in the control of private and public sectors of the Nigerian economy – case study of Chidex Group of Companies and Power Holding Nigeria ltd. 

Abstract

In recent times, private and public organizations, in Nigeria have been faced with cases of financial crisis, which have resulted in most organizations going into extension. Those who are able to survive more are in gunil pace. Obviously, the causes of financial crisis in our private and public sectors have been attributed to be unrecognized in nature and total negligence of the role of accounting in our private and public organizations. This research work will look at the role of accounting in the central private and public sectors in Nigeria. It will try to analyze the implication of applying the accounting principles in our private and public organizations and then look at how these principles confirmed the operation of the private and public sectors of the organization in Nigeria.

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