Appraisal Of Financial Control Measure As A Panacea In Securing And Safeguarding The Assets Of An Organization. (A Case Study Of Ikwuano L.G.A)
ABSTRACT
The research project centered on Appraisal of financial control measures as a panacea in securing and safe guarding the assets of an organization: A case study of lkwuano L.G.A The problems of the study are stated in the work as: Scarcity of fund, sometimes irregular payment of workers salaries •which eventually gives rise to low morale, low productivity, indiscipline truancy and lack of skilled personnel among other things. The population of the study is the finance planning research and statistics department of lkwuano L.G.A coverer: about. 1E2 members of staff. The sample size is 110 using the statistical tool of Taro Yamaro Formular i.e. n where I + N (E)2 N = Population = Constant E = Error margin/Degree of freedom N = Sample size Percentage were used to analyze the questionnaire chi-square (x2) and decision rule were employed in the testing of the hypothesis. The major findings of the study include: That there is no adequate check and balances in the Local Government system. That the Local Government functionaries have no serious regard for financial memoranda as a financial guide. In view of our findings here, the researcher finally recommend this internal control to effectively check and balance the responsibilities of her functionaries. Strict adherence to the provision of the revised financial memoranda inter alia.
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ODOEMELAM, F (2021). Appraisal Of Financial Control Measure As A Panacea In Securing And Safeguarding The Assets Of An Organization. (A Case Study Of Ikwuano L.G.A). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-financial-control-measure-as-a-panacea-in-securing-and-safeguarding-the-assets-of-an-organization-a-case-study-of-ikwuano-lga-7-2
FIDELIA, ODOEMELAM. "Appraisal Of Financial Control Measure As A Panacea In Securing And Safeguarding The Assets Of An Organization. (A Case Study Of Ikwuano L.G.A)" Mouau.afribary.org. Mouau.afribary.org, 28 Jun. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-financial-control-measure-as-a-panacea-in-securing-and-safeguarding-the-assets-of-an-organization-a-case-study-of-ikwuano-lga-7-2. Accessed 01 Nov. 2024.
FIDELIA, ODOEMELAM. "Appraisal Of Financial Control Measure As A Panacea In Securing And Safeguarding The Assets Of An Organization. (A Case Study Of Ikwuano L.G.A)". Mouau.afribary.org, Mouau.afribary.org, 28 Jun. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-financial-control-measure-as-a-panacea-in-securing-and-safeguarding-the-assets-of-an-organization-a-case-study-of-ikwuano-lga-7-2 >.
FIDELIA, ODOEMELAM. "Appraisal Of Financial Control Measure As A Panacea In Securing And Safeguarding The Assets Of An Organization. (A Case Study Of Ikwuano L.G.A)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-financial-control-measure-as-a-panacea-in-securing-and-safeguarding-the-assets-of-an-organization-a-case-study-of-ikwuano-lga-7-2