THE IMPACT OF FINANCIAL ACCOUNTING ON THE CORPORATE PERFORMANCE OF BUSINESS ORGANIZATIONS (A CASE STUDY OF NIGERIA BREWERIES PLC)

This study is designed to ascertain the effect of taxation in Nigeria economy that is to know how taxation can be used as an instrument of control of money in circulation.the federal and state boards of inland revenue constitute the respective bodies responsible for taxation in the state and the nation in general.The main objective of carrying this study is to find out how taxation can be used as instrument of control of money in circulation dy in circulation.the study was discovered that taxation help in provision of social amenities economy and above all it regulate the supply of money and taxation contributes positively in the areas of promotion of employment and correction of balance of payment deficit.the researcher as well stated the usefulness of the research to both governments and students. In addition, the nature of taxation,types of taxation, the administration of income tax law , how taxation regulates consumption, how it helps in the provision of social amenities among others are issues discussed in details .the study of the taxation has not only contributed to the federal government only but has become an important instrument in regulating most economic activities and has been an instrument for control of money in circulation.the study had present policy of liberalization of the Nigeria economy being vigorously pursued by the federal government, Nigeria is fast becoming an investors having albeit with a few teething problems that required for the foreign investor however is a careful analysis approach .