THE ROLE OF ACCOUNTANTS IN THE NIGERIAN ECONOMY
In the Nigerian economic setup, it is various that the role of accountant is very important in its growth and development. Against this background is this research work titled “the role of accountant in the Nigerian economy” effort has been made to examine the accountants in the economic development of the nation. This research work made effort to find out if the accountant actually plays his role in the economy. In order to achieve the aims and objectives of this research work the different types of accountant operating in the economy are classified into their various cadres. I ascertained from the employers of labour user of accounting information and the general public how for they had benefited from the services of the accountant and if the account are aware of other roles being played in the economy other than that conformed in him by statute.
1.1 BACKGROUND OF THE STUDY
Accounting is often taken to be a new subject having evolved from the commercial and industrial activity of the modern age. This concept is for form the truth. At any time when economic activities move beyond the primary condition of production and exchange system of accounts have indirectly approved.
Tax assessment and account as old as 4500BC have been found (1) and there are a lot of Greek Roman and medical accounting rewards in existence
There had been speculation as to when accountants first began public practice lawyers who were the first to provide accounting service to their clients did same in a limited area as custodians of titles to property and to properties under wills and settlements.
One James McClelland could be said to be the first accountants to engage in practice in 1824 he published circular announcing that he was willing to undertake the following function.