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This paper empirically investigates the impact of exchange rate on the Nigeria External sector (the balance of payments position) using the Ordinary Least Square (OLS) method of estimation for data covering the period between 1970 and 2008. We found that exchange rate has a significant impact on the balance of payments position. The exchange rate depreciation can actually lead to improved balance of payments position if fiscal discipline is imposed. We also found out that improper allocation and misuse of domestic credit, fiscal indiscipline, and lack of appropriate expenditure control policies due to centralization of power in government are some of the causes of persistent balance of payments deficits in Nigeria. We recommend that appropriate monitoring machineries be set up to ensure judicious use of credit and available foreign exchange. Exchange rate policies have to be used along with the fiscal and monetary instruments to get meaningful results. This implies that our balance of payments problems can be solved simultaneously from two angles, namely, boosting supply and managing demand. Export diversification and promotion, import substitution and frivolous import restriction cannot be over emphasized.
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SIMILAR ACCOUNTING FINAL YEAR PROJECT RESEARCH TOPICS
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1. RISK MANAGEMENT AS AN EFFICIENT MEANS OF ACHIEVING CORPORATE OBJECTIVES
» ABSTRACT This research work titled “Risk management as an efficient means of achieving corporate objectives” Some of the problems that led...Continue Reading »Item Type & Format: Project Material - Ms Word | 54 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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2. A COMPARATIVE STUDY OF EXPENDITURE CONTROL METHODS IN GOVERNMENT AND PRIVATELY OWNED HOSPITALS. (A STUDY OF UNIVERSITY OF NIGERIA TEACHING HOSPITAL, ...
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Expenditure control or cost control is part of management control process, in every organisat...Continue Reading »Item Type & Format: Project Material - Ms Word | 99 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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3. Factors Affecting Perceptions of Private Audit Quality: The Case of Amhara Region
» Chapter One: Introduction 1.1 Back ground of the Study External auditors play a critical role in validating company financial information. Potential l...Continue Reading »Item Type & Format: Project Material - Ms Word | 65 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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4. THE IMPACT OF COST ACCOUNTING IN A MANUFACTURING ORGANISATION (A CASE STUDY OF BETA GLASS PLC)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study The main concern of this work is the research on the impact of cost accounting in manufacturing o...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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5. THE IMPACT OF COMMERCIAL BANK ON SMALL BUSINESS FINANCING IN KADUNA SOUTH LOCAL GOVERNMENT, KADUNA STATE
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND TO THE STUDY In developing countries like Nigeria small scale businesses serves as the foundation upon which i...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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6. AN EVALUATION OF THE IMPACT OF CAPITAL BUDGETING ON ORGANIZATION PERFORMANCE (ONDO STATE MINISTRY OF WORKS)
» ABSTRACT The research profer an evaluation of the impact of capital Budgeting on organizational performance It analyses the nature of capital budgetin...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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7. TAXATION AS A SOURCE OF REVENUE TO THE GOVERNMENT (A CASE STUDY OF DELTA STATE BOARD OF INTERNAL REVENUE)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Some of the major functions of any government especially developing countries such as Nigeria are...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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8. THE USE MANAGEMENT AUDIT AS A TOOL FOR ACHIEVING ORGANIZATIONAL OBJECTIVE (A STUDY OF EBONYI STATE TRANSPORT CORPORATION (EBOTRANS), ABAKALIKI)
» ABSTRACT Management audit is an audit that evaluates the efficiency of management at all levels throughout an organization with a view to recommend im...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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9. ACCOUNTING PROCEDURE IN A HOTEL (A CASE STUDY OF ROYAL MARBLE HOTELS, BENIN CITY)
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY The purpose of this research work is basically to explain the accounting procedure in a hotel. Fo...Continue Reading »Item Type & Format: Project Material - Ms Word | 66 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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10. FRAUD AND FRAUD CONTROL IN A COMPUTERIZED ACCOUNTING SYSTEM
» CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY In this dynamic world, the role of Banks, whether in a developed or developing economy consists of financ...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT