My main focus of writing this project goes this way,  the importance of the managing and liquidating distress banks in sense that she carried out her study on who intend to ascertain how the assets of the distress banks should be disposed as a result of recovering in full the money deposited by the customers during the banking operations. The reason while this study bring out, a lot of problems especially at the banking sector today in Nigeria. In recent time, some of the commercial banks gone distress as a result of fraudulent and poor management. The role of accountant in managing and liquidating distress banks should be given a 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.

COVER PAGE I

TITLE PAGE II

APPROVAL PAGE III

DEDICATION VI

ACKNOWLEDEMENT V

PROPOSAL VII

TABLE OF CONTENT IX

1.1 BACKGROUND OF THE STUDY 1

1.2 STATEMENT OF PROBLEM 4

1.3 OBJECTIVE OF THE STUDY 5

1.4 LIMITATION OF THE STUDY 6

1.5 SIGNIFICANCE OF THE STUDY 7

1.6 RESEARCH QUESTIONS 8

2.1 THE ORGIN OF MORDERN BANKING 11

2.2 NATURE OF BANKING 16

2.3 HISTORY AND DEVELOPMENT OF 

BANKING IN NIGERIA 17

2.4 THE NIGERIA BANKING SYSTEM/HOW 

IT OPERATES 22

2.5 DISTRESS IN BANKS 25

2.6 POSSIBLE CAUSE OF DISTRESS IN BANKS 30

2.7 THE ROLE OF ACCOUNTANTS IN 

DISTRESS BANKS 35

2.8 THE ROLE OF ACCOUNTANTS AS 

LIQUIDATOR OF DISTRESSED BANKS 37

3.1 CONCLUSION 41

3.2 RECOMMENDATION 42

3.3 BIBLIOGRAPHGY 45