By clicking the SUBMIT button above, I consent to be contacted by representatives of CDI College regarding educational opportunities, at the email, or phone numbers provided above, including text messaging or calls to my mobile phone if included above, via automated technology. Whether you like it or not, accounting finance is one thing you cannot dispense with in the world of business. Financial managers work closely with top managers and with departments that develop the data that financial managers need. Go beyond the basics of accounting with real-time business insights and fully auditable process management. This implies that the public financial management system should be designed in such a way as to deliver quality services to the rural dwellers in local government areas, most especially in Bayelsa state.
Treasurers and finance officers direct their organization’s budgets to meet its financial goals. Therefore, the purpose of this study is to examine the influence of public financial management in local government administration on effective and judicious use of public financial resources in Bayelsa state. Increase efficiency : Financial management also tries to increase the efficiency of all the departments of the company. It is a comprehensive, indirect spend management solution that is user friendly and modern.
Thus, the main focus on public financial management is how to efficiently and effectively utilize public resources to meet the needs of the people in an equitable manner. Almost every university is offering the degree of MBA in a variety of study modes such as full time, part time, distance learning, self study, online or flexible structure.
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 especially in the local government areas.
The summary results of the survey are shown on table 4.7, which indicates the extent local government financial management has impact on effective and judicious use of public financial resources. Students who have less than two years of professional management work experience must successfully complete the MBA Internship Program as a graduation requirement. The Work Environment tab includes the number of jobs held in the occupation and describes the workplace, the level of physical activity expected, and typical hours worked.