The mismanagement of every organization emanates from the ability of the financial accountability to administer the financial undertaken in order to achieve its profit maximization.
Business collapsed, is characterized by negligence to adhere to effective control system, which primarily comes from internal control.
An organization encounters problems, which often times result to financial impropriety, which has made many firm to collapse. Some of these problems lie largely outside the control of the organization. These are the problem to be solved by the financial accountability in the interest of effective control system of the organization while other problems arise from the organization’s limitation in his financial undertakings.
An analysis of factors that contributed to this fact would be highlighted and useful recommendation towards resolving these problems would be made.
This researcher is optimistic in view of the fact that if these recommendations are adhered to, they will go a long way in achieving the objectives of this research work.
TABLE OF CONTENT
Table of content
1.1Statement of the study
1.2Purpose of the study
1.3Significance of the study
1.4Statement of hypothesis
1.5Scope of the study
1.6Limitations of the study
1.7Definition of terms
2.0Review of related literature
2.1The Network of the internal control system
2.2Internal checks and Auditing practices
2.3Responsibility sharing as a control system
2.4Accountability and general economic growth.
2.5Enhancing financial accountability by human resources planning.
3.0Research design and methodology
3.1Sources of data
3.3Method of investigation
4.0Data presentation and analysis
4.1Data presentation and analysis
4.2Test of hypothesis
5.0Summary of findings, conclusion and recommendation
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