Bello A Sulaimon | Bayero University, Kano (original) (raw)

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Papers by Bello A Sulaimon

European Journal of Business and Management

The purpose of this paper was to empirically investigate the impact of fluctuating exchange rates... more The purpose of this paper was to empirically investigate the impact of fluctuating exchange rates and inflations rates on the economic growth of Somalia. Due to Somalia's well-documented exchange rate fluctuations, it became imperative to investigate the impact that the exchange rate fluctuations have on the country's economic performance. In this study, secondary data was used which was obtained from the Central Bank of Somalia, World Bank, Statista, and International monetary fund. The scope of the data was from the years 2005-2020. The ordinary least square (OLS) correlation and multiple regression analysis were used by this paper in order to examine the influence of fluctuating currency exchange has on the economic growth of Somalia. According to the findings, the exchange rate shows a slight positive association with little statistical significance (r = .184; p = .496) with GDP growth, implying that changes in the exchange rate account for 1.84 percent of total GDP. In addition, the results indicate that the relationship between inflation rate and economic growth is a weak positive correlation with no significance statistically (r = .205; p = .447). The finding of this paper will aid Somalia and other comparable countries in improving their monetary policies in general; it might be utilized by Somalia's central bank as a roadmap for effective monetary policy.

IOSR Journal of Business and Management, 2017

This study aimed to figure out if small business enterprises utilize cost volume profit (CVP) ana... more This study aimed to figure out if small business enterprises utilize cost volume profit (CVP) analysis as a management tool for decision-making process in Bayero University Kano, with a view to shed light on the reality of the use of CVP analysis as a decision-making tool in small business enterprises. The study population is made up of the entire small business enterprises within Bayero University, Kano. Primary source of data were utilized using structured questionnaires. The hypotheses were tested using Mann-Whitney U test and Pearson correlation coefficient. A very weak relationship (0.02) was recorded, it was discovered that there is no statistical significant difference between having the knowledge of a management accounting tools and its application. The study concludes that small business enterprises utilize CVP ignorantly and it is recommended that CVP analysis and other management accounting tools be introduced to small business enterprises so that productivity can be improved. Cost-volume-profit analysis as a management tool for decision making in small business enterprise ..

As the move to international standards continues, organizations are starting to come to terms wit... more As the move to international standards continues, organizations are starting to come to terms with the challenges involved. Nigeria is set to adopt the cash basis International Public sector Accounting Standards (IPSAS) by January 2014, and transit to accruals basis by 2016. Kano state being the country’s center of commerce is not left out in this reform as it has express its readiness to present its 2013 financial statement in an IPSAS compliance format. The public sector accountant has the responsibility of developing systematic arrangements to assist management in the performance of the services of the institution while the public sector auditor has among other duties, the complementary role to examine whether management actually performs that efficiently. The public sector auditor has to satisfy himself that the account presented have been prepared in accordance with statutory and constitutional requirements and regulation and that proper accounting practice have been observed in their compilation. The adoption of the IPSAS will be seen as a step towards uniform financial reporting and better communication to the public and other donor agencies. Kano state being the center for commerce is not left out in this struggle. In the content of the market economy, the Kano public accounting not simply records bookkeeping as before, but also must recognize, treat, analyze and provide financial information for many different users fully and comprehensively. Auditing an IPSAS based financial statement is a challenge to all auditors that will be involved in the audit exercise as the state government has engage the service of some accounting firms to help in the transition of its accounting system to IPSAS based. Though presently the cash basis will still be maintained, plans are in top gear to fully adopt the accrual base by 2016.

Measurement of course, is the hub of accounting and good concepts sometimes fall against the dema... more Measurement of course, is the hub of accounting and good concepts sometimes fall against the demands of measurement. Accounting based on asset and liability recognition and measurement in the balance sheet produces a particular income measure, as a residual, that may be inconsistent with one driven by an income concept that produces a balance sheet as a residual. Current Cost accounting which is also referred to as “Fair value”, with an asset and liability focus, differs fundamentally from historical cost accounting driven by an income concept; the two are mutually exclusive, so for given assets and liabilities, a design choice has to be made. This study made a critical review of both method of measurement by analyzing how both fair value accounting and historical cost accounting satisfy the valuation and stewardship objectives of reporting to shareholders. It was however discovered that despite the fact that both methods may superficially appear to be in conflict, it may well be that both fair value accounting and historical cost accounting have important roles to play in structuring financial disclosure and ensuring that needed information is available to different groups of users.

The research work examines the legal basis and the regulatory framework that form the basis of pu... more The research work examines the legal basis and the regulatory framework that form the basis of public sector accounting in Nigeria. The 1999 constitution, the Finance (Control and Management) Act of 1958, Audit Act of 1956 and the Financial Regulation 2000 forms the basic legal documents that guide preparation and presentation of accounts in the public sector. In addition, the International Public Sector Accounting Standards (IPSASs) issued standards that guide the preparation and presentation of public accounts. Problems faced by the public sector in complying with these bases when carrying out the activities of the government. The study discovered that human factor, implementation problem as well as public awareness are the major challenges hampering financial regulations at the federal level.

The endogenously-determined distribution of control amid the manager and investors is imperative ... more The endogenously-determined distribution of control amid the manager and investors is imperative not because of agency or private information problems but because of potentially divergent beliefs that can lead to disagreement about the value of the project available to the firm. The key underlying factor is past corporate performance. Better past performance leads to less disagreement and thus affects the costs and benefits of different control allocations. Dividend policy and capital structure thus constitute an implicit governance mechanism that determines how much control over the firm’s real (investment) decisions is exercised by the manager vis a vis the shareholders, and the firm’s past performance impinges on this governance mechanism. This study proposes a new and integrated theory of dividend policy and capital structure that treats these financial policy variables as two sides of the same coin. A key aspect of this theory is that capital structure and dividend policy are jointly determined as part of a continuum of control allocations between managers and investors, and hence cross-sectional variations in both.

Drafts by Bello A Sulaimon

The study examines the effect of Treasury Single Account on some selected government parastatals ... more The study examines the effect of Treasury Single Account on some selected government parastatals in Kano metropolis. Opinion of respondents were seek using a likert scale structured questionnaire. 86 questionnaires were administered to staffs of some selected Federal parastatals in Kano metropolis which include Bayero University Kano, National Youth Service Corps (NYSC) Kano state secretariat, Nigerian Postal service, Federal College of Education (FCE) Kano, and Federal Inland Revenue Board (FIRS) Kano. Response from questionnaire was analysed using charts, frequency tables with simple percentages and the study hypothesis was tested using t-test statistic. Findings from the study shows that all the sampled institutions are on the TSA platform, similarly all the respondents are fully aware of TSA. This shows that just within two years of implementation, TSA has gained enough ground and everybody has adjusted to the system. Result also shows that majority of the respondents have confidence in the scheme and they believed that has helped the country in many ways in the face of the current economic recession. The test statistics shows that the p-value is below the significant value of 0.05, the study concludes that TSA have a positive effect on federal parastatals as it is found to have reduces corruption, block all financial leakages and have ensured transparency in financial management of federal parastatals in Kano State. it was recommended that government should organise a post TSA implementation conference to liaise with stakeholders on way to ensure that all the bottlenecks encountered so far are provided with a feasible solution. In addition, it is further recommended that ggovernment should review the TSA policy to specifically safeguard the financial autonomy of the Nigerian educational institutions.

Conference Presentations by Bello A Sulaimon

This research work is centered on the impact of exchange rate fluctuation on the Nigeria’s econom... more This research work is centered on the impact of exchange rate fluctuation on the Nigeria’s economic growth from 1986 to 2015. The main type of data used in this study is secondary; sourced from Central Bank of Nigeria Statistical Bulletin of various issues. From 1986 being the year the Nigerian monetary authority changed from fixed exchange rate system to flexible exchange rate system. The correlation and regression analysis of the ordinary least square (OLS) were used to analyze the data. The result revealed that exchange rate has positive impact but not significant with (co-efficient =0.01275, t = 1.35) this is affirms previous studies that developing countries are relatively better off in the choice of flexible exchange rate regimes. The result also indicated that interest rate has positive impact but not significant with (co-efficient =0.1353, t = 0.26) while rate of inflation have negative impact on economic growth but not significant with (co-efficient = -0.1363, t = -0.69). Therefore, the paper recommended that government should encourage the export promotion strategies in order to maintain a surplus balance of trade and also conducive environment, adequate security, effective fiscal and monetary policies, as well as infrastructural facilities should be provided so that foreign investors will be attracted to invest in Nigeria
Keywords: Nigeria’s economic growth, exchange rate, interest rate, inflation rate

European Journal of Business and Management

IOSR Journal of Business and Management, 2017