2015 | TradeInfoPortal

Introduction to Chart of Accounts. A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.A company has the flexibility to tailor its chart of accounts to best suit its needs, including adding accounts as needed. *Mr. A. O. Adenuga is a Principal Economist in the Research & Statistics Department, Central Bank of Nigeria, while Mr. N. I. Akpan is an Economist in the same Department. The views expressed are those of the authors and do not in any way represent those of the Central Bank of Nigeria. view to setting guidelines for its development. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, Nigeria’s total Gross Domestic Product amounted to $1.058 trillion in 2014. Therefore, exports accounted for about 9.3% of total Nigerian economic output. CBN Guidelines On The Mgmt Of Investment Account Holders For Non-interest Fin. Institutions. 2. Additional Data Fields For Industry Customer Account Database Submission To NIBSS Plc. 3. Anti-Money Laundering And Combating The Financing Of Terrorism Policy and Procedure Manual. 4. Nigeria Plans Tougher Bank Capital Rules as Bad Debts Weigh. 5. Non Interest Financial Institutions (NIFIs) mobilize large percentage of their funds using Mudarabah and Wakalah contracts. In Mudarabah, the bank is acting as the Mudarib (entrepreneur) and the fund providers as the Rabb-ul-Mal otherwise called Profit Sharing Investment Account Holders (PSIAHs).

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