Effectiveness Of Financial Control In Public Sector
Complete Effectiveness Of Financial Control In Public Sector Project Materials (Chapters 1 to 5):
The project tilled the effectiveness of a financial control in the pubic sector is very special to the government units. Federal, state and local gout etc.
Filament funds are faced with a 1st of problems such as the difficulty in acquisition of funds as well as application of such funds so raised. The adaptation of weak system of accounting funds in the cash unit etc.
The first part of this project will deal with introductory part of the study historical back ground, it further highlighted the contributions of the federal misty to national economy as well the props and scope of this study.
Chapter two will show the nature and attributes of financial control, it’s utility in pubic sector.
Chapter three aims at how data were collected through secondary sources.
Chapter four deals with how data analyzed and presented through questionnaires, simple percentage was used. The hypothesis which assumption of excess expenditure and fraud being due to the altitude of vote controller was tested using percentage .chapter five, this is summary conduction and recommendation of the evaluations of the effectiveness of financial control in the pubic sector.
Title page
Approval page
Abstract
Dedication
Acknowledgement
Table ofcontent
Chapter one
Introduction
1.1 Background of the study
1.2 Statement
1.3 Purpose / objective of the study
1.4 Significance of the study
1.5 Limitation of the study
1.6 De4finition of terms
Reference
Chapter two
Review of related literature
2.1 Historical background of financial control in Nigeria
2.2 Financial control in Nigeria public sector
2.3 The objective of financial control in the public sector
2.4 Control over delegation of ditties
2.5 Department vote expenditure and allocation book
2.6 The certificates
2.7 Economy
Chapter three
Research design and methodology
3.1 Source of data
3.2 Location of data
3.3 Method of data collection
Chapter four
Summary of finding
Chapter five
Recommendation and conclusion
5.1 Recommendation
5.2 Conclusion
Bibliography
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
The management of financial resources in the pubic sector is the heart of government administration of financial manning and control in pubic sector.
Financial control can then be sera as the process, which assures that financial resources are obtained economically, and used effectively and effectively in the accomplishment of descried galas.
Thus of can be said to be an assurance process, which includes the process of decision – making.
In the blight of current economic problems in the country, the finical manners especially those in the pubic sector concerned with the financial control of the government funds are faced with a lot of problems, example include direct embezzlement, large scale salary frauds contract inflates.
Financial control also stresses on the acquisition of adequate funds as well as application of such funds so raised.
The researcher were mutilated to chose this topic decease of the necessity for the government to prevent and minimize fraud and embezzlement in the pubic sector through the proper book keeping of income and expenditure in pubic sector.
This study aims at the effective application of financial control vote expenditure and allocation books (DVEA)
1.2 STATEMENT PT THE PROBLES.
In the light of current economic problems in Nigeria, the financial planners especially those in the pubic sector concerned with the financial control of government fun with a lot of problems such as he inflation of contract prices payment of salaries to ghost workers payment of contractors for services not rendered and goods not applied, contractors and payment for unauthorized expenditures.
It is intended to see how effective the use of the DVEA book been a control tool for pubic sector accounting.
The amount of information than what could be found in the normal ledger used to record the double entry system of the pubic sector accounting.
It is intended that the information in the DVEA book is to be reviewed to ascertain its adequacy.
1.3 Objective of the study
This study is aimed at revealing the amount and quality of information contained in the DVEA book with a view to assessing its relevance to the control objective of government accounting.
1. Financial control and management are the essential sectors.
2. The study aims at developing a realistic picture of how financial control can help make the government sector efficiently effective and successful.
3. To examine and make recommendation on what other possible measures that could be improve on the current state of affairs
4. To identify the problems and the coursed of the already identified problems of the government sector and in public finance.
5. To highlight that there exist ordinance/ law principles and rules guiding the government accounting in Nigeria just as their counterparts in private organization.
1.4 SIGNTICANCE OF THE STUDY
This study is intended to highlight the benefits of departmental vote expenditure allocation book in public sector.
The researchers were motivated by the need of proper maintained of DVEA book by financial controllers to restore public trust in the information in the public sector. This will equally contract the loss of credibility in the eyes of the international financial community.
Finally, the study will be of immense importance to our policy makers in portraying whether the DVEA book is achieving its set objectives, what amendment is any should be made to it.
1.5 LIMITATION OF THE STUDY
The researcher intended to explain how DVEA books could assist in the planning and control of the public sector. However, the study would be narrowed down to cover only the federal ministry of finance and brief other related government organization.
This research is limited to the effects of proper use of DVEA books in analyzing and answering the major research question.
DEFINITION OF TERMS
This is maintained for each subhead an integral part of the system of budget control. It is designed to facilitate vote watching the allocation of responsibility to financial offers to ensure that expenditure in excess of appropriation or in excess of authority to incur expenditure does not occur.
The introduction of Effectiveness Of Financial Control In Public Sector should start with the relevant background information of the study, clearly define the specific problem that it addresses, outline the main object, discuss the scope and any limitation that may affect the outcome of your findings
Literature Review of Effectiveness Of Financial Control In Public Sector should start with an overview of existing research, theoretical framework and identify any gaps in the existing literature and explain how it will address the gaps
Methodology of Effectiveness Of Financial Control In Public Sector should describe the overall design of your project, detail the methods and tools used to collect data explain the techniques used to analyse the collected data and discuss any ethical issues related to your project
Results should include presentation of findings and interpretation of results
The discussion section of Effectiveness Of Financial Control In Public Sector should Interpret the implications of your findings, address any limitations of your study and discuss the broader implications of your findings
The conclusion of Effectiveness Of Financial Control In Public Sector should include summarize the main results and conclusions of your project, provide recommendations based on your findings and offer any concluding remarks on the project.
References should List all the sources cited in Effectiveness Of Financial Control In Public Sector project by following the required citation style (e.g., APA, MLA, Chicago).
The appendices section should Include any additional materials that support your project (Effectiveness Of Financial Control In Public Sector) but are too detailed for the main chapters such as raw data, detailed calculations etc.