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IMPLICATION OF ACVCOUNTING AS A N INTERNAL ONTROL MECHNISM IN THE GOVERNMENT MINISTRIES

IMPLICATION OF ACVCOUNTING AS A N INTERNAL ONTROL MECHNISM IN THE GOVERNMENT MINISTRIES

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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
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PREFACE


 

This project is on the implication of accounting as internal control mechanism in Enugu State Ministries.  The term paper is aimed at ascertaining the effectiveness of accounting as internal control mechanism in the State Ministries.

The problem studies is to find out whether the Enugu State Government accounting records are properly kept according to the provision of the state government.  The term paper is divided into three chapters, each chapter deals in a particular aspect.

Chapter one covers the introduction of the study including general overview or the background of the study, the statement of the problem, the purpose of the study, the significance of the study and definition of terms.  Chapter two discussed the review of related literature, principles of financial internal control, objectives and sources of data.

Finally the last chapter also discussed the summary of findings, conclusion and recommendation.

 

 

TABLE OF CONTENT


CHAPTER ONE: 1.0 INTRODUCTION


 

  • BACKGROUND O THE STUDY

  • STATEMENT OF THE STUDY

  • PURPOSE OF THE STUDY

  • SIGNIFICANCE OF THE STUDY

  • SCOPE OF THE STUDY

  • DEFINITION OF TERMS


CHAPTER TWO



  • REVIEW OF RELATED LITERATION


2.1  PRINCIPLES OF FINANCIAL CONTROL

  • OBJECTIVE OF INTERNAL CONBTROL SYSTEM

  • SOURCES OF DATA WHICH INCLUDE

  • INTERNAL CONTROL JOURNALS,

  • ACCOUNTING DOCUMENTS SUCH AS RECEIPT,


VOCHER, CASH BOOK, STORE RECEIPT

 

CHAPTER THREE



  • SUMMARY OF DINDING, RECOMMENDATION AND CONCLUSION.


3.1  SUMMARY OF FINDINGS

  • CONCLUSION

  • RECOMMENDATION

  • BIBLIOGRAPHY


 

 

 

 



CHAPTER ONE


 

 

INTRODUCTION

 

 

  • BACKGROUND OF THE STUDY:


One problem of management is planning but planning is useless if it is not implemented.  The success of any plan is based on adequate control and monitoring of the resources of the disposal in order to achieve the required objective.

However, this is a research on the implication of accounting as an internal control machanism in Enugu State Ministries.

Accounting is defined as art of  recording and giving result of business transaction to the client.  There is a need for the establishment of internal control mechanism to ensure the safety and  enthencity of accounting records from the point of collection of cash or material in final uses.

Internal control therefore means the whole system of controls, financial and otherwise established by the management in order to carry on the efficient manner, ensure adherence to management policies safeguard its assets and secure as far as possible the accuracy and retaliation of its records.

  • STATEMENT OF THE PROBLEM


There is a lot of lapses in cash and payroll sectors of many government ministries.  Cases of fraud and pressing of files containing important document and so on.  Recording of materials that were not supplied and issuing store received voucher to contractor, not complying with state financial instructions in accounting system and other cases.

Due to all these mentioned above, the topic of this research was chosen not only to look at the causes and effects but also to give appropriate recommendation which will help to reduce it.

 

  • PURPOSE OF THE STUDY


THE PURPOSE OF THIS STUDY ARE AS FOLLOWS:-

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