The website has the complete lesson note for all the subjects in secondary school but this piece showcases the JSS2 Business Studies Lesson Note on Book Keeping Ethics: Due Process. You can use the website search button to filter out the subject of interest to you.
CLICK HERE to download the complete Document: DOWNLOAD HERE
TOPIC: BOOK KEEPING ETHICS: DUE PROCESS
MEANING OF DUE PROCESS
This is act of doing something according to laid down rules or procedures or the process that should be followed in doing things.
Attributes of due process
The following are the attributes of due process;
- Truthfulness
- Openness
- Fairness
- Impartiality
- Respect for the rule of law.
- Equity
Let’s take a closer look at each of the attributes;
Truthfulness is the act of saying the truth always.
Openness is the act of making one’s action and operation clear to all.
Fairness means giving equal consideration to all. etc.
PROBLEMS CREATED BY LACK OF TAP AND THEIR SOLUTIONS;
PROBLEMS:
- Increase in the incidence of bribery
- Influence peddling
- Disregard for the rule of law.
- Nepotism ie giving jobs only to your relations
- Increase in the incidence of fraud
- Increase in the incidence of extortion by those dealing with the public
- Embezzlement of public funds
- Perversion of the justice system
- Bad government and bad governance
- Lack of integrity
- Diversion of public funds into private pockets
- Low foreign direct investment
- Lack of accountability
Poor public infrastructure like roads, water and electricity
Click on the Downloadable Button to get the FULL NOTE
