Category Archives: Finance Management

Accounting Finance (2)

This study examined financial management and control in local government administration, Bayelsa state. This programme focuses on developing skills and knowledge vital in business, with an emphasis on accounting, finance and financial management. The set of high-level indicators captures the key PFM elements that are recognized as being critical for all countries to achieve sound public financial management.

He has published in the American Economic Review, Econometrica, Journal of Finance, Journal of Financial Economics, Journal of International Economics, Management Science and Review of Finance, among other journals. This will involve the solving of a particular problem or the management of a project, after which the students must write a dissertation based on their experience. With regards to the findings of the study just concluded, we therefore recommend the following suggestions to enhance the practice of a sound public financial management in local government administration of Bayelsa state. It is therefore …


A number of students have been asking that question as they contemplate their future. A well-functioning local government administration must establish a sound public financial management and delivers quality public services consistent with citizen preferences and fosters private market-led growth while managing fiscal resources prudently to alleviate poverty and the achievement of the Millennium Development Goals.Finance ManagementFinance Management

Signaling theory is now considered to be more insightful for some aspects of small enterprise financial management than others (Emery et al 1991). Maintaining proper cash flow : Maintaining proper cash flow is a short-term objective of financial management. The fourth step is the establishment of sustainable training facilities for financial controllers and internal auditors. Financial Management: Is that managerial activity which is concerned with the planning and controlling of the firms’ financial resources (Pandy, 2005:3). In reality, development authorities always use public financial management system to channel budget support, based on the policy …

MHA Or MBA (2)

Wealth maximization : Wealth maximization (shareholders’ value maximization) is also a main objective of financial management. The functional and broader definition of internal control includes such actions as supervising management to ensure they have an adequate level of funding to deliver services; ensuring all transactions comply with legal frameworks; and ensuring practices are consistent with stated policies, organizational objectives, and performance criteria.Finance Management

Consequently, reasonable governance is required to establish a sound public financial management system that is responsible for planning, budgeting, implementation and follow-up of government financed projects in the rural areas so as to create better conditions for sustainable development (Hallgerd, D. 2005:8).Finance Management

Sound public financial management supports aggregate control, prioritization, accountability and efficiency in the management of public resources and delivery of services, which are critical to the achievement of public policy objectives, including achievement of the Millennium Development Goals (PEFA Steering Committee, 2004).Finance Management

Therefore, to carry out …

Great Lakes Student Loans Services Manage Loans For Lenders, Borrowers (2)

Over the last few years, Financial Management has published a significant number of articles that analyze patterns in returns. Practice of public financial management and transparency/accountability: The findings revealed that the practice of public management in local government administration enhances transparency and accountability in the use of public financial resources of Bayelsa state.Finance Management

In this framework, the tools that management can employ range from ex ante expenditure controls to compliancy checks, inventory controls, record keeping, reporting, and monitoring (see figure 6.1).However, a contemporary internal control framework is more than a set of traditional financial and compliance controls.Finance Management

Fundamentally, this chapter covers the introductory part that provides the background of the study for better understanding of local government financial management. In reality, public financial management in Nigeria as one of the developing countries in the World has been facing serious problem with regards to provisions of sustainable development in nationwide, most …

U.S. Bureau Of Labor Statistics

The service of providing funds or capital for commercial or private reasons comes under the umbrella term – Finance. These resources include pamphlets and online resources outlining the benefits of receiving a college education, loan calculators for students, and loan education resources for lenders, borrowers, schools, and counselors and financial aid professionals.Finance Management

While the format of regular reports and information disseminated on revenues and expenditure should be adequate to enable good decision-making, enforcement of transaction controls for management and reporting purposes, they do not achieve these objectives.Finance Management

Also, there must be an existence of a transparent procurement system as an integral part of the overall public financial management system which is supported by a clear regulatory framework that provides for competition, value for money and effective controls.

As far as local government authorities receive monthly allocations, collect revenue and incur expenditures, there is need to practice sound public financial management …