Meet OMAH Ishmael , an Academic Staff of Lagos State University.
Cost And Management Accounting
Associate Professor / Reader
Accounting
At the Accounting department office
Appointment on Visitation important
Topic: COST AND MANAGEMENT ACCOUNTING
Description: My research work has always centered on Accounting. I have conducted a number of researches on conventional and Non-conventional Budgetary Implementation, Conventional and Non-Conventional Variance Analysis to determine the causes of variances and to recommend to the organizations under-consideration the techniques/ criteria for instituting investigation to unveil the effects of variances.
| # | Certificate | School | Year |
|---|---|---|---|
| 1. | Ph.D (Cost and Management Accounting) | Commerce and Business Administration, Saurashtra University, India | 2009 |
Lagos State MEGA Rail-Road Project: A myopic tendency of the Investor. A Study of Lagos State Metro-Rail Road
Synopsis: Riskiness of an investment can be judged from the variability of its possible returns. Capital expenditure budget represents the expenditure on fixed assets. it relates to investments involving huge Capital Outlay and long-term commitment. Large risks and uncertainties are associated with investment decisions. Decision are made in the basis forecasts upon future events whose occurrence cannot be. anticipated with absolute certainty due to economic, Social, Fiscal, Political, and other reason. While evaluating capital investment an investor should take into consideration the effect that the acceptance will have on the investors business risk as envisioned by itself and creditors. In a practical situation, it is necessary to incorporate risk and uncertainty in decision making. Risk is applied to a situation where there are several possible outcomes and there is relatively past data to enable a statistical evidence to be produced for predicting the possible outcome. Whereas, Uncertainty exist where there are several possible outcomes, but there is little or no previous statistical evidence to predict the outcome. Capital budgeting under certainty can be examined with various techniques for evaluation of investment proposals. The basic assumption is that these proposals do not involve risk in selection of investments. There is no perceived business-risk by the investor. This seldom happen in real-world-situation. The preparation of capital expenditure budget serves the investor the tendency of fulfilling the following purposes: evaluate capital expenditure proposals, establish priorities so that projects having most to offer are given first consideration, plan for future financing and control proposals. Uncertainty is the bridging gap myopic tendency of the investor .
OMAH Ishmael is a Associate Professor / Reader at the Department of Accounting
OMAH has a Ph.D in Cost and Management Accounting from Commerce and Business Administration, Saurashtra University, India
