Skip to main content

THE IMPACT OF INTERNAL CONTROL SYSTEM ON THE FINANCIAL MANAGEMENT OF AN ORGANIZATION


ATTENTION:
BEFORE YOU READ THE CHAPTER ONE/ABSTRACT OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
                                                                                                     
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY.
THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420



THE IMPACT OF INTERNAL CONTROL SYSTEM ON THE FINANCIAL MANAGEMENT OF AN ORGANIZATION  


ABSTRACT

Over the years, there have being a problem of incorrect and unreliable financial record which has lead to loss of organizational integrity. The research work aimed among others at determining the relationship between internal measures to proper accounting records. A survey research design was adopted for this research study and a sample size was selected using Yaro Yamane sampling technique as data used were obtained from both primary and secondary sources. Four research questions were formulated out of which three hypothesis were formulated using regression co-efficient analysis method at 5% level of significance and the Z table was also used for comparison between calculated value of significance B and tab le value. The finding from the analysis indicates that internal control measure management performance and is necessary for the growth and effectiveness of the organization. Financial management of any organization cannot do without internal control as true and fair presentation of financial statement may never be possible if the board and senior management are not committed to providing a well planned internal control system. It also recommends that a periodical review of the organization should be done by the management so as to cope with the model trends in organizational fraud prevention. TABLE OF CONTENTS Cover page
Title Page i
Dedication ii
Acknowledgement iii
Approval Page iv
Abstract v
Table of contents vi CHAPTER ONE INTRODUCTION
1.1 Background of the study 1
1.2 Statement of problem 3
1.3 Objective of the study 4
1.4 Research Questions 5
1.5 Statement of hypothesis 5
1.6 Significance of the study 7
1.7 Scope of the study 7
1.8 Limitation of the study 8
1.9 Definition of terms 8
1.10 References 10 CHAPTER TWO: LITERATURE REVIEW 2.1 Introduction 11
2.2 Internal control 11
2.3 Role and Purpose of internal control 13
2.4 Types of Internal control 15 2.5 Function of internal control 19
2.6 Internal control in financial institution 20
2.7 Element of a good internal control system 24
2.8 Relationships between internal auditing and internal control system. 27
2.9 Management and internal control system 28
2.10 Defect and shortcoming of internal control 29
2.11 Possible solution to defects internal control system 31
2.12 Limitation of internal control 32 CHAPTER THREE 34 3.0 Research methodology
3.1 introduction 34
3.2 Research design 34
9
3.3 Sources of data 34
3.4 Area of study 35
3.5 population of the study 35
3.6 sample size and sampling technique 35
3.7 Research instrument 36
3.8 Validation and Reliability of instrument 37
3.9 Method of data analysis 37 CHAPTER FOUR 4.0 Data Presentation and analysis 40
4.1 introduction 40
4.2 Data Presentation 40
4.3 Test of hypothesis 45 CHAPTER FIVE Summary, Conclusion and Recommendation 54
5.1 Summary of findings 54
5.2 Conclusion 54
5.3 Recommendation 55
Bibliography 57 Appendix 59
Questionnaire 60 ABSTRACT Over the years, there have being a problem of incorrect and unreliable financial record which has lead to loss of organizational integrity. The research work aimed among others at determining the relationship between internal measures to proper accounting records. A survey research design was adopted for this research study and a sample size was selected using Yaro Yamane sampling technique as data used were obtained from both primary and secondary sources. Four research questions were formulated out of which three hypothesis were formulated using regression co-efficient analysis method at 5% level of significance and the Z table was also used for comparison between calculated value of significance B and tab le value. The finding from the analysis indicates that internal control measure management performance and is necessary for the growth and effectiveness of the organization. Financial management of any organization cannot do without internal control as true and fair presentation of financial statement may never be possible if the board and senior management are not committed to providing a well planned internal control system. It also recommends that a periodical review of the organization should be done by the management so as to cope with the model trends in organizational fraud prevention CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY
Every organization both profit or non-profit organization has its objectives and goals in mind to achieve. For the non-profit making organization, their goal is to satisfy the social need of the citizens and in the effort to achieve these purposes supervision more often than not play a vital role.
The size and scope of these organizations have sometimes made it hard for the executors to exercise personal and first hand supervision of operation. It is in this light that internal control established by management is initiated. For an organization to carryout its business there must be some factors put in place for the smooth running of the organization

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420

(1)    Your project topics
(2)     Email Address
(3)     Payment Name
(4)    Teller Number
We will send your material(s) after we receive bank alert

BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.

OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.



FOR MORE INFORMATION, CALL:
08068231953 or 08168759420



AFFILIATE LINKS:
myeasyproject.com.ng
easyprojectmaterials.com
easyprojectmaterials.net.ng
easyprojectsmaterials.net.ng
easyprojectsmaterial.net.ng
easyprojectmaterial.net.ng
projectmaterials.com.ng
googleprojectsng.blogspot.com
myprojectsng.blogspot.com.ng
https://projectmaterialsng.blogspot.com.ng/



Comments

Popular posts from this blog

PUBLIC RELATIONS AS A TOOL FOR INDUSTRIAL HARMONY. (A CASE STUDY OF CONSTRUCTION INDUSTRY)

  ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!   INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420       PUBLIC RELATIONS AS A TOOL FOR INDUSTRIAL HARMONY. (A CASE STUDY OF CONSTRUCTION INDUSTRY) ABSTRACT There has been a meaningful contribution by researchers on this subject; public Relations. So this project developed after a series of consultation and research. In order to put to rest the about is the mind of many as to whether public relation is necessary in an industry or organization, I strongly believe that the industry is the means through which public relation is mostly propagat

EFFECTS OF KARGASOK TEA ON BLOOD PRESSURE OF NORMOTENSIV MAN

ATTENTION: BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU! INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420 EFFECTS OF KARGASOK TEA ON BLOOD PRESSURE OF NORMOTENSIV MAN TABLE OF CONTENTS DECLARATION DEDICATION ACKNOWLEDGEMENT LIST OF CONTENTS LIST OF TABLES LIST OF FIGURES ABSTRACT CHAPTER ONE 1.0 INTRODUCTION AND LITERATURE REVIEW 1.1 SOURCE AND HISTORY OF KARGASOK TEA 1.2 PHARMACOLOGICAL COMPONENTS OF KARGASOK TEA 1.3 NORMAL REGULATION OF BLOOD PRESSURE 1.4 ETIOLOGY OF HYPERTENSION 1.5 BASIC PHARMACOLOGY OF ANTIHYPERTENSIVE AGENTS 1.6 SIGNIFICANCE OF RESEARCH PROJECT CHAPTER TWO 2.0 MATERIAL AND METHODS 2.1 PREPARATION OF KARGASOK TEA 2.2 QUESTIONNAIRES OF KARGASOK TEA 2.

PUBLIC RELATIONS AS A TOOL FOR INDUSTRIAL HARMONY. (A CASE STUDY OF CONSTRUCTION INDUSTRY)

  ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!   INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420       PUBLIC RELATIONS AS A TOOL FOR INDUSTRIAL HARMONY. (A CASE STUDY OF CONSTRUCTION INDUSTRY) ABSTRACT There has been a meaningful contribution by researchers on this subject; public Relations. So this project developed after a series of consultation and research. In order to put to rest the about is the mind of many as to whether public relation is necessary in an industry or organization, I strongly believe that the industry is the means through which public relation is mostly propagat