Insurance and finance are closely interwoven fields of business, not least because they both involve money. The third hypothesis (H3) this study proposed is to examine if The practice of public financial management in local government administration enhance transparency and accountability in the use of public financial resources of Bayelsa state”. An understanding of international finance and complex financial documents also is important. Checking the financial performance : The finance manager has to check the financial performance of the company.
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 measured in terms of financial planning policy and public financial management performance measurement. Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. Equip managers with the financial information in business terms to help them make better-informed decisions.
This course is almost entirely about the expenditure side of public financial management: issues of taxation, borrowing, debt and aid are dealt with in Public Financial Management: Revenue, while issues concerning the financial relationships between tiers of government are covered in Decentralization and Local Governance.
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.
Therefore, to carry out effective delivery of public services in the local government areas, the key issues to be examined, inter alia,involve the quality of the budget process which include degree of discipline, efficiency in revenue mobilization and extent of transparency, accountability and control in the local government administrative system.