ROLE OF ACCOUNTANT IN MANAGING AND LIQUIDATING DISTRESSED BANKS

My main focus of this project goes this way, the importance of the managing and liquidating distress banks in the sense that she carried out her study on who intend to ascertain how the assets of the distress banks should be disposed of as a result of recovering in full the money deposited by the customers during the banking operation. The reason while this study brings out a lot of problems especially in the banking sector today in Nigeria. In recent times, some of the commercial banks gone distressed as a result of fraudulent and poor management. The role of an accountant in managing and liquidating distress banks should be given serious attention so as to see that all the necessary factors are followed accordingly in order to see the successful completion and execution of the system without incurring more lost any longer.