Relevance of Internal Control in E-Banking System

The Relevance of Internal Control in E-Banking System

Introduction

General Description of the Study

It has been interesting to note that our economy of recent times in replete with various kind of business. The researcher deems this fact as unstable economy, considering the scope of business venture particularly in E-banking system. The concept of electronic money in Nigeria was introduced in 1990 when the central bank of Nigeria (CBN) gave approval to them. The active users of E-banking system use it because it is convenient, easy to use, saves time and meet their transaction needs (Adesina and Ayo, 2010) with the adoption of E-banking customers have been encouraged to use banking services more effectively. [Read more…]

Usefulness of Data Base in Financial Institution

The Usefulness of Data Base in Financial Institution

Abstract

 This project work is aimed to reveal the usefulness of database in financial institution which will store all relevant information of all its work, process necessary document retrieved, edit and update information concerning worker and customers. [Read more…]

Agricultural Finance Development Problems and Prospects: Role of Central Bank of Nigeria

Agricultural Finance Development Problems and Prospects: Role of Central Bank of Nigeria Plc

Proposal

The role of Central Bank of Nigeria in Agricultural Finance Development, problems and Prospects.

This topic provides for conceptual frame work of the role played by CBN in the development of Agricultural sector of the Nigeria economy as the primary purpose. The secondary purpose is to assess the performance of the policies and programs of the CBN to the development of Agricultural financing in particular and Agricultural development in general. [Read more…]

Training and Development on Employee Performance and Productivity

Training and Development on Employee Performance and Productivity in Zenith Bank Nigeria Plc, Umuahia Branch

Abstract

According to Abah, (2000) Employees are major assets of any organization. The active role they play towards a company’s success cannot be underestimated. As a result, equipping these unique assets through effective training becomes imperative in order to maximize the job performance. Also position them to take on the challenges of the today’s competitive business climate. Although extensive research has been conducted in the area of Human Research Management, the same cannot be said on employee training especially as it concerns developing countries. [Read more…]

The Impact of Monetary Policy on Economic Growth in Nigeria

 The Impact of Monetary Policy on Economic Growth in Nigeria

Literature Review

Definition of Monetary Policy

Several authors have defined monetary policy in different ways. However, some of these definitions are reviewed below.

According to Uzoaga (1981), monetary policy is the management of the expansion and contraction of the volume of money in circulation for the specific purpose of achieving certain declared national objectives.

G Ranlett (1965) from his own perspective defined monetary policy as the deliberate management of the money supply for the explicit purpose of attaining a specific objective or set of objectives. [Read more…]

Role of Budgeting In the Public Sector of the Nigeria Economy

Role of Budgeting In the Public Sector of the Nigeria Economy (A Case Study of Nkanu West Local Government Area)

Administration of Budgets

When budgets are prepared but not implemented, or administrated, then it is better not to prepare it.  In line with the above statement, Hongren (1988) captured the need for budget administration in the quotation below.

“Budgets help, managers, but budgets need help –manage your budget, do not let your budget manage you.

Budgets should not be prepared in the first place if they are ignored buried to be filed, or improperly interpreted”. [Read more…]

The Role of Fiscal Policies in the Development of Nigerian Economy

The Role of Fiscal Policies in the Development of Nigerian Economy (A Case Study of Central Bank of Nigeria)

Methodology of the Study

  • Introduction

This research is a case study; designed to high light the importance of fiscal polices in Nigeria.  It also examines the role they play in the development process whether a not their mode of formation, direction and implementation has been consistent.  Also where they have failed, possible reasons for such inadequacies will be highlighted. [Read more…]

Impact of Internal Control in Manufacturing Organization

The Impact of Internal Control in Manufacturing Organization (A Case Study of Nigeria Bottling Company Plc, Onitsha Anambra State)

Introduction

Internal control is an indispensable element in the life of any organization, organization cannot meet its objectives very well without having an internal control. The need to install internal control becomes imperative due to the increase in size and complexity of the activity of the modern organization. The installation of internal control has a lot of impact on manufacturing organization. [Read more…]

Use of Management Audit as an Aid for Effective Management

Use of Management Audit as an Aid for Effective Management. (A Case Study of Some Selected Firms in Nnewi)

Literature Review

Research Question / Hypothesis Models

Management auditing is one of the most misunderstood, disliked and under utilized branches of accounting, many people particularly those who could have benefited from  the activities of the management auditors thinks enormously of auditing as a mere checking function carried on as a clerical activity as it has been known for some years. Particularly, many company executives believe that management audit is all out of curb manager activities, some people believe that management audit will interfere with the freedom of choice of board of directors. [Read more…]

Budgeting and Budgetary Control as Tools for Accountability in Government Parastatals

 Budgeting and Budgetary Control as Tools for Accountability in Government Parastatals. A Case Study of Enugu State Housing Development Corporation

  Review of Related Literature

Budgeting And Budget

It is well recognized that an organization should be managed effectively and efficiently. Managing, in fact, implies coordination and control of the total enterprise efforts to achieve the organizational objectives. The process of managing is facilities when management charts its course in advance. The functions of management also include decision making facilities by various managerial techniques procedures and by utilizing the individual and group effort in a coordinated and ration way. Organizations have limited resources and these limited resources impose limit on the number and range of goals that the organization can hope to attain. One systematic approach for attaining effective management performance profit planning or budgeting. Profit planning or budgeting is an integral part of management. The controller would be particularly interested in profit planning since it helps to regulate flows of fund which is this primary concern [Read more…]