THE IMPACT OF INTERNAL CONTROL ON EFFECTIVE ADMINISTRATION OF LOCAL GOVERNMENT COUNCILS
CHAPTER ONE
Introduction
1.1 Background of the Study
The definition of auditing came as independent examination and investigation of the evidence from which a financial statement has been prepared with the view of enabling the independent examiner to report whether in this opinion and according to the best of his knowledge, the information and the explanation obtained by him is properly drawn and if not, in what respect he is not satisfied. The independent examiner who the investigation and report there upon is referred to as auditor.
The auditor being an independent examiner who should be professionally qualified, examines the books of account and vouchers to report whether he is satisfied or not, that the statement of financial position is properly drawn up so to show a true and fair view of the profit or loss of the financial period.
The role of internal control is rigorous and from the above description of an auditor’s position in this dynamic business world, it can be concluded that the main objective of internal control is to ascertain that the rules and regulation, policies and procedures established by management of an organization to guide its operations and to secure compliance by staff of established standards.
The detection of fraud and error in business organization is therefore important to note with great concern that the auditor is not absorbed from the responsibility for fraud or error committed by directors.
Local government is the third tier of government in Nigeria, state government council, local government council are now recognized by the forth schedule of the constitution which includes consideration of economic planning and the making of recommendation to a state commission for planning and administration. The council chairman now becomes the chief accounting officer administrator while the counselor makes laws for the administration. By law, the council generates revenue and obtains funds from both state and federal government, hence the need for accountability and effective administration, it’s therefore pertinent that a sound financial system be in place to affect internal control by way of internal audit to prevent fraud, embezzlement and defalcation of public funds. For these reasons, internal and external control measures become the administrative tools of this administration.
The internal control includes:
- Appointment of committee for different services
- Issuance of financial authorities (warrants)
- Centralization of all payment in the council.
- Preparation of the budget/standing orders for the financial administration.
The external control includes;
- Parliamentary control
- Control by the general public
- State/federal government
- External auditors control
1.2 Statement of the problem
Generally, the public and observers believes that internal auditing is not of any value to local government council administration since there are always yearly external audit, there are financial regulation guiding the control of funds in and out of the system. More so, there are problems of lack of independent/confidence in the part of internal auditors who are also staff of the organization. The combined impact of these hinders the effective administration of local government council and it is based on this scenario that the researcher is undertaking a study to ascertain the impact of internal control on effective administration of local government council.
1.3 Objectives of the Study
The study has the following objectives:
- To determine the impact of internal control on effective administration of local Government council.
- To examine the forces promoting internal control in organization.
- To ascertain the problems of internal control on effective administration of local government council.
- To examine the measures for reducing problems of internal control on effective administration of local government council.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
The Impact of Internal Control on Effective Administration of Local Government Councils can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Impact of Internal Control on Effective Administration of Local Government Councils" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "The Impact of Internal Control on Effective Administration of Local Government Councils" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Is the topic “Design and Deployment of an Expert System for Medical Diagnosis” recommended for Computer Science (CS) Project?
Yes it is highly recommended — Expert system play an indomitable role in various disciplines and the assistance it renders to man cannot be overemphasized. A computer is digital electronic machine capable of accepting input data, processing and producing an output (information). The computer is an important tool that plays a good role in the analysis of any subject that is to be programmed. The uses of expert system on medical diagnosis of malaria include the interest of the research because of some spectacular activities it accomplished and to bring the awareness of the software to the doorstep of the readers and other medical and paramedical personnel’s. The software helps the junior doctors accompanied by a nurse in answering the calls of some patients with tedious …
Can this topic “Effective Inventory Control as a Means of Improving an Organization Is Performance” be used for Business Administration and Management (BAM) Project?
Yes it can be utilized for research — This research project is on effective inventory control as a means of improving and organizations performance. A case study of NBC Plc. The research was prompted by the researchers believe of the indispensable role an inventory that is properly controlled can play in gearing up the profit of an organization in any given accounting period with the increasing highcost of production attributable to scarcity of raw-material. It has therefore become necessary that an examination be made on the classification of inventory and the proper way to control and stock raw-materials. A detailed analysis of how inventories are classified, controlled and the cost of keeping inventory were studies by the researcher. …
Can the material for “The Role of Local Government in Political Development of a Nation” be used as a guide for Public Administration (PA) Project?
Yes it can be used — This project has been able to shed more light to the role of local government in political development of a nation. The research sample is randomly selected from Agege Local Government by survey method composed of one hundred and twenty respondents therefore, through the hypotheses tested it was concluded through chi-square statistical packages that preferred choice of people as candidate for local government election will enhanced political development in Nigeria. That corruption by some local government officials will pose serious threat to the role of local government in political development of Nigeria. Adequate revenue from various sources will enhance the role of local government in political development of Nigeria. However, it is recommended that the local government should set up tools …
Can the material for “Impact of Management Information System (MIS) on the Insurance Industry in Nigeria” be used as a guide for Management Information System Project?
Yes it can be used — This study was carried out on the impact of management information system (MIS) on the insurance industry in Nigeria. Information systems have become an integral part of every corporate organization, especially the insurance industry in facilitating decision-making, planning process and the prospect of achieving organizational goals and objectives. The enormous numbers of employees engaged in the insurance sector coupled with numerous customers made decision taking and dissemination of information by the management time consuming thereby leading to inefficiency. In order to tackle this challenge it becomes imperative to introduce information systems into the management of the organization so as to facilitate decision-making. This study uses field survey responses from senior management staff of five different insurance companies to empirically examine the relationship …
Is the topic “Design and Implementation of Apartment Management System” recommended for Computer Science (CS) Project?
Yes it is highly recommended — An Apartment Management system is an application software developed for managing most activities that take place in the apartment with the help of apartment administrator. The aim of the study is to design and implement an apartment management application software that will ease the stress associated with the existing manual system as earlier stated using Spring Light apartment in Umuerim Community as a case study. In achieving this aim, the following specific objectives were laid out to create a database management system (DBMS) this allocates storage to student data and provides security for the stored data, provide quick and efficient means for gathering the student information along with their rooms, and fees. The motivation that led to this study is …
Can the material for “The Impact of Employee’s Participation in Decision Making on Organizational Performance” be used as a guide for Business Administration and Management (BAM) Project?
Yes it can be used — The title of this study is to examine the relationship between employee’s participation in decision making on organizational performance. The specific objective of study is to include, to identify the extent employees participate in the study organization. To examine the impact of employees participation on organizational performance and to highlight some of the factor effecting workers participation in the decision making. Research questions were acquired and hypothesis formulated to help derive the study. The two major sources of data were used but the questionnaire is the most extensively used instrument. The study was essentially survey design. The population of the study was 240 and a sample size of 150 was derived using the Taro Yamane formula. The data collected were …
Can the material for “Design and Implementation of a Computer Based Antenatal Record Monitoring System” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Computer Based Antenatal Record Monitoring System has been shown to be an effective strategy for improving maternal stress and self-efficacy during pregnancy, with the implementation of the Antenatal system, it will provide opportunities for pregnant women to develop competence and obtain knowledge, skills, and social support from health care providers. The aim of the study is to Design and Implement a Computer Based Antenatal Record Monitoring System. In achieving this aim, the following specific objectives were laid out to design and develop an application software that will provide information availability to Antenatal patients and to doctors about expectance mothers’ antenatal care, enhance access to information about Antenatal patients i.e. quick information retrieval and secured storage and reliable and desire information …
Can the material for “Design and Implementation of Transportation Management Information System” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Road Transportation Management Information System permits a customer to observe the information about seat reservation, bus schedule and ticket sales as well as bus time of dispatch. The aim of this study is to design and implement a Computerized Transportation Management Information System. In achieving this aim, the following specific objectives were laid out as follows to: design a workable automated transportation system software, create a system that can be used to record transportation records to database, design a system that can be used to accurately compute transportation bills, and design a system that can be utilized to obtain reports of transportation records. The methodology adopted in this study is the object oriented analysis and design methodology (OOADM) which is …
Can the material for “The Impact of Capital Market Financing on Economic Development of Nigeria” be used as a guide for Economics Project?
Yes it can be used — This research work examines the impact of Capital Market Financing on Economic Development in Nigerian. It also examined theories that have postulated the key role of capital accumulation in the process the economic development of nation. Although, capital can be mobilized from different sources, both theoretical and empirical analysis have different long term sources of finances are more veritable from productive capital investment. Consequently, the capital market plays a key role in this mediation process. Emphases have been placed on indicators of stock market size, liquidity and growth over a period of twenty tears; together with their combined effects on the rate of economic growth and development within the Nigerian context. Empirical data were collected and analyzed. The result of …
Can the material for “Design and Implementation of Automated Tax Management System in Board of Internal Revenue” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Automated tax management is a system that provides freeform creation of Tax controls that will be applies to orders. Tax is a common source of income generation for financing government activities. The aim of the study is to design and implement an Automated Tax Management System in Board of Internal Revenue. In achieving this aim, the following specific objectives were laid out as follows to develop an application software that will create a well-arranged database and to implement strong security of the system for data security and provide registration, payment processing and tax filing facility for individuals and businesses. The motivation that led to the implementation of the proposed system is that due to the manual process of collection of …