THE ROLE OF AN ACCOUNTANT IN MANAGING AND LIQUIDATING DEAD COMPANIES (A CASE STUDY OF STAR PAPER MILL LIMITED ABA)
Abstract
ABSTRACT
This study examines the role of accountant in managing and liquidating dead companies, a study of Star Paper mill limited Aba.The study was undertaken in order to: highlight the consequences of liquidating a dead company, uncover the processes involved in managing and liquidating dead companies, discover the various roles of an accountant in managing and liquidating dead or distressed companies and make possible recommendations based on the outcome of the study. At the end of the study, the following are the recommendations: Company management should strengthen Professional Training and Certification, there should be a improved regulatory oversight, companies should adopt Advanced Technological Toolsand promote Collaboration with Legal and Financial institutions.
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