BSTRACT
This research studies
the contributions of supervisory department as on effective to first bank of
Nigeria PLC Enugu.
To guide the study four
research question were formulates using questionnaires as a instruction. The
data collection are analyzed using simple percentage.
Some of the findings
among other are:
Internal audit
(supervisor) department whereas effective management control in banking
organization.
Supervisory department
encloses financial accountability in banking organization.
Supervisory department
plays a significant role in effective utilization of organization fund by
management.
The availability of
supervisory department encourages efficiency among employees in building
organizations.
We recommend that the
entire staff of banks be adequately compacted and motivated towards a common
organization goal, them management will be in a better position to see
supervisor as honest helper to effective performance of the credit of job well
done.
In the present volatile
and dynamic economy of Nigeria a bank cannot survive without supervisory arm.
Therefore recommend that all banks in Nigeria should have a supervisory
department.
TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
1.1
Statement of the problem and the purpose of the study
1.2
Rational of the study
1.3
Significance of the study
1.4
Definition of terms
CHAPTER TWO
REVIEW OF RELATED LITERATURE
CHAPTER THREE
HYPOTHESIS
3.1
Hypothesis
3.2
Methodology
3.3
Source/ location of data
3.4
Limitation of the study
CHAPTER FOUR
PRESENTATION OF DATA
Data analysis and
findings
4.1
Presentational of data
4.2
Data analysis
CHAPTER FIVE
SUMMARY OF WORK,
CONCLUSION RECOMMENDATION FOR FURTHER STUDIES
5.1
Summary of the work
5.2
Conclusion
5.3
Recommendation for further
studies
CHAPTER ONE
1.0
INTRODUCTION
1.1 STATEMENT
OF THE PROBLEM AND THE PURPOSE OF STUDY
Internal auditing it can
be defined as a review of operations and records sometimes continues
undertaking with a business by a special assigned staff. The main
objective is to assure management that the internal chuck and accounting system
are effective in design and operation.
1.
The cases of increasing bad debts resulting form loans issued to
customers given problem to management as a result part of their income is now issued
as a provision against these debts in view of requirement of the
prudential guidelines for licensed banks issued by the CBN in 1990
financial years.
2.
There is lack in economy and efficiency in operations. Transition records
of some banks made by employees are not in agreement with established
procedures resulting in unbalanced books and records.
3.
There is every recurring problems of bank manager granting credits (loans) over
their discretional limits as approve by management without adequate security
given this results in loan losses.
4.
To identify and explain how supervision (internal auditing) can be of
assistance towards achieving effective bank management.
1.2 RATIONAL
OF THE STUDY
The rational of the
study is
i.
The identify and explain how supervision (internal auditing) can be of
assistance towards achieving effective bank management.
ii.
To find out whether bank management grant credit over their discretional
limit as approved by management without adequate security given
iii.
To determine the number if bad debts resulting form loan issued to customers
that has not been recovered and also whether adequate provision for bad debts.
iv.
To assure bank management that the internal check and accounting system are
effective in design and operation.
1.3 SIGNIFICANCE
OF THE STUDY
It is hope that the
result of the equity with be of immense benefit to supervisor of bank
external auditors the accounting profession bank management other operators in
banking system and the state.
It is also hoped that
when repots are proceed without any based consideration.
It will encourage
everybody concerned to adhere to policies standards and producer as well
as promoting the strive towards the collective achievement of the bank
objective.
1.4 DEFINITION
OF TERMS
i. Supervisor:
It can be defined as a person who supervises university students showing essays
to their supervisor.
ii.
Internal auditing: It can be also defined a review of operations and
records sometimes continues undertaking with a business by a special assigned
staff. It is also a managerial control activity which functions by measuring
and everlasting the effectiveness of other controls.
iii.
Internal control is defined as not only internal financial and otherwise
established by the management in order to carry on the business of the company
in an orderly manner safeguard its assists and secure as far as possible the
accuracy and reliability of its
Department | Banking and Finance |
Project ID Code | BFN0163 |
Chapters | 5 Chapters |
No of Pages | 46 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
|
|
Contact Us On | +2349067372103 |
Contact Us On | +2349094562208 |
|