The Impact of Deferred Taxation in Corporate Risk Management ( A Survey of Related Companies in Port Harcourt) Department: Accountancy By: vicbest01 Project ID: 93 Rating: (3.0) votes: 123Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractThis research work is designed to show the impact of deferred taxation on corporate risk management. Tax is one of the most cost drivers in any organization. It has been noticed that most managers in companies, hire accountants (tax managers) to make necessary adjustments in the income statement to suite the amount of tax they have budgeted to pay for a period (financial year) and proper accounts of deferred taxes are not kept. And this in the long run, creates fluctuates in the profit after tax figure, earning per share and shareholders fund making investment decisions somewhat difficult. The researcher got concerned with identifying the reasons why companies do make provision for deferred taxation, and if there is any relationship between deferred taxation and corporate risk management. In the cause of the investigation, the researcher reviewed some related literature. Necessary data were collected from both primary and secondary sources. The primary data were from personal interviews on staff in accounts department in these companies Delta marine Company, Oil Ltd, Presidential hotels Prot Harcourt and Intel logistics, questionnaires were issued and observations taken. The data collected in the questionnaires were analyzed through percentages and chi-squares Many problems were found to militate against proper accounting for deferred taxation. These problems are as a result of inadequate skilled manpower and facilities, lack of risk management departments which will take care of tax risk and other inherent risk of the cooperation, in addition to this, some staff does not understand deferred taxation accounting. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )