Langara. Programs & Courses

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Financial managers are responsible for the financial health of an organization. Generally speaking, public financial management activities are supposed to be properly managed and reported through adequate budget processes, which means that such activities are subject to scrutiny and controls as operations included in the budget.

The 1971 Bolton report on small firms outlined issues underlying the concept of ‘finance gap’ (this has two components-knowledge gap-debt is restricted due to lack of awareness of appropriate sources, advantages and disadvantages of finance; and supply gap-unavailability of funds or cost of debt to small enterprises exceeds the cost of debt for larger enterprises.) that: there are a set of difficulties which face a small company.

The findings revealed that guidelines are not strictly adhered to when carrying out development planning with regard to ensuring judicious use of public financial resources in local governments of Bayelsa state Though the study revealed that the …

Langara. Programs & Courses (2)

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Financial managers are responsible for the financial health of an organization. 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.

Therefore, contemporary internal control is a management tool to ensure that an institution’s leadership is functioning in accordance with stated policies and procedures; delivering services efficiently and effectively; protecting assets and properties from improper use; keeping timely and precise accounts; and producing fiscal and no fiscal information accurately.

A review of country experience across many developing countries who have adopted the new program …

Langara. Programs & Courses (2)

0 Comment

Financial managers are responsible for the financial health of an organization. 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.

Therefore, contemporary internal control is a management tool to ensure that an institution’s leadership is functioning in accordance with stated policies and procedures; delivering services efficiently and effectively; protecting assets and properties from improper use; keeping timely and precise accounts; and producing fiscal and no fiscal information accurately.

A review of country experience across many developing countries who have adopted the new program …