ABSTRACT Cost consciousness in the management of public funds is aimed at x-raying the degree to which cost consciousness contributes to the judicious handling of the public fund. This is a job, which is left in the hands of administrators, legislators, Investors as well as the general public. Precautions must therefore be taken to avoid Wastage’s of public fund as a result of wrong planning and execution. In conducting research on this topic, the researcher hopes to visit the Enugu State M...
INTRODUCTION The bulk of fraud required by the investing sector of most developed and developing business economics of the world is provided by the bank industry in the main, the service of mobilizing fund from the saving that is simples to the investing sector provided by the banking industry accounted for the high status the banking industry is place in the development of any economy the rate of economic development of the nation has hence been very closely associated with the effecti...
ABSTRACT This research work analyses the financial control system in government enterprises in Nigeria. The National Electric Power Authority (NEPA) Enugu was chosen as a case study. The purpose of the study is to examine if there are financial control measures in NEPA Enugu, to see if these measures are adequate and in line with provisions of the regulations of the state and federal government, to determine if these measures are effectively applied and thus examine the implication of finan...
ABSTRACT The purpose of the study is to determine the effect of budgeting on the economic development of the state to determine the factors which account for the difference between the capital expenditure and the recurrent expenditure and to take an overview of the analysis of the relationship between estimated and actual expenditure in the last five financial years. The study is aimed at improving budgeting as an effective tool for financial planning and control in the state public sector. ...
ABSTRACT Stock Exchange market are established to make profit, through of shares, bonds, debentures and assessment of these provisions are against the background of this paper that these provisions are not adequate for the promotion of stock exchange in Nigeria. TABLE OF CONTENT COVER PAGEI TITLE PAGEII APPROVAL PAGEIII DEDICATIONIV ACKNOWLEDGEMENTV ABSTRACTVI TABLE OF CONTENTSVII CHAPTER ONE 1.0INTRODUCTION1 1.1BACKGROUND OF THE STUDY1 1.2STATEMENT OF PROBLEM2 1.3OBJECTIVES OF STUDY3 1.4SI...
ABSTRACT This research work is believed is another contribution to Mortgage Banking literature which will be very useful particularly to future researchers on this topic and those already engaged in the banking industry. The idea behind this project research work entitled Mortgage banking and contribution to Housing Development in Nigeria is inherent from the crucial and very important nature of housing to every right thinking human being. Professor Abraham Maslow in his “hierarchy of needs...
ABSTRACT The direction towards on efficient production of good and services curled be as a result of an effective control of cost of production. The study of standard cresting as an aid is production cost control is very imperative especrahy in an economy with high rate of inflation and where prices of grads and service are constrarthy increase with no hope of reduction with the effect that th real value of mey in the consumer hand is lower than its face value. This being the case the cons...
ABSTRACT The primary objective of this project work is to discern the impact of internal control system assessment in government establishment using university of Nigeria Teaching Hospital, Enugu as a case study. Many people think of internal control system as a highly technical field which can be understood only by professional Auditors. Actually nearly every establishment practices internal control in one form or another on an almost daily bases. However, internal control system therefo...
1.1INTRODUCTION BACKGROUND OF THE STUDY It is difficult to exaggerate the contribution of production to the society wellbeing. Why this is so, is suggested by Alexander Solzcheritzyn in his novel captioned August, 1914. One of the Chief character in that work Suyatosalar lakinfovich Obodovsy a former anarchist, who maintained the following position. As for industry, anyone who has created something with his own hands know that production is neither capitalist nor socialist but one thing only....
INTRODUCTION 1.1General introduction and background of the study The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management policies in respect of cash and account receivable/pa...
ABSTRACT Fraud in this study is shown as any dishonesty acts intended to deceive and deprive someone of his legitimate possession. This study was aimed at finding out how fraud could be detected and prevented in the Nigerian banking industries. The major findings in this study include the followings: (a)Frauds in banks very often (b)Frauds in banks occur with active connivance of internal bank staff. (c)Frauds in banks include forgeries of signature of customers, illegal granting of loans ...
1.1INTRODUCTION The idea of establishing indigenous development financial institutions was mooted after the establishment of the Central Bank of Nigeria (C.B.N) on first July, 1959 after the bank failure of the early 1950’s. During this time, it became obvious that there was an urgent need for financial institution capable of providing medium and long term capital to full up serious gaps in the financial system/ struction of the economy. As a result of this need arose to create special inst...
ABSTRACT The concept “source documents” is a familiar term with those involved in keeping accounting records or watch dogs of limited liability and public liability companies and organizations from time to item, most often on annual basis, the independent Auditors call to review the accounting records kept by their clients. This they do by studying and evaluating the internal control systems in the company. This approach makes it possible for lapses, discrepancies, deficiencies and bo...
ABSTRACT The study was done to ascertain the role which central bank of Nigeria played in the regulation of Nigeria economy through monetary policy. Among the goals of economic stabilization the most important is to achieve full employment, price stability, balance of payments and exchange rate stability, hence monetary policy through central bank of Nigeria. To solve the research problem, primary and secondary data were collected. The research instruments used in collection the data were q...
INTRODUCTION 1.1 BRIEF HISTORY OF THE NIGERIAN EXPERIENCE AS A NATION STATE To highlight some significant event and developments in response to a review of Nigeria experience as a nation state, it is intellectual to present a brief survey of the part to understand the distinct phases through which the nation passed to arrive at its present political state and economic condition vis-à-vis revenue allocation. Some of these historical periods have enjoyed such a degree of political stability th...