CAUSES AND EFFECT OF MISMANAGEMENT IN FINANCIAL INSTITUTION.
CHAPTER ONE
1.0 INTRODUCTION THE STUDY
1.1 BACKGROUND OF THE STUDY
A Financial Institution is an organised body concerned with the management of money. This is to say Institution is responsible for the lending and borrowing money. Institution involved financial intermidaition where money is mobilized and channeled for the public sailing those who have surplus funds and save those who want to invest in productive activities. Some of institution in Nigeria are Commercial Bank, C.B.N, Insurance companies, stock Exchange Market, Development Bank, Merchant Bank etc.
Mismanagement can be defined as a controlled or deal with private, public or Business affairs badly, unskillfully. Then financial mismanagement according to above definition may be improper administration, bad or wrongly used of money, Inadequate collateral security of granting loan. Misappropriation of money or management of finance unskillfully, they are god in selling of securities, they are sources of Revenue the Government. They provides not to advice to the government, they help to Extremely in International trade etc. Public and private individual, bank provides drastic support to public individuals affairs. Bank grant loans in advances and makes payment locally infact, they perform variety functions to satisfy financial needs of all types of customers they have from small personal and big incorporates public organisation ie by accepting deposit safe custodying agency services. industries have grown beyond optimistic expectation over years the number of bank increased and growth resulted ton loss professionalism in service, to increase fraud craze for materials to wealth inflating contracts, God Fathersim, poor portfolio management and other bank.
NOT THE TOPIC YOU ARE LOOKING FOR?
Once payment is made, kindly send us your project topic, email address and payment name to +234 810 144 4147
Once payment is confirmed, Project materials will be sent to your email
Creating a good tax system implies that taxes should be collected regularly, consistently, conveniently and afford-ably. Taxes are backed by laws. Tax Laws refer to the embodiment of rules and regulations relating to tax revenue and the various kinds...
The study will benefit both employees and employers. It will benefit the employees in that each employee will be given an opportunity to state their individual perceptions toward employee relations and its effect on employee productivity and make rec...
The study proffers the new face of the accounting profession so as to nurture and build new entrants in the accounting profession according to quality and new standards set by the profession in the face of global technological changes
This study will be significant for Access Bank's management, other banks, share-holders, potential investors, and depositors, as well as for the economy as a whole. For bank management and managers, the study emphasizes the importance of this asset (...
The study's findings provide critical information for the state and its institutions in order to conduct future public-sector financial management changes.
This study will be beneficial to management accountants who are in charge of managing the organization's investment portfolio, as well as appraising and approving each investment.
This study would help add to understanding about the utility of credit unions, their reason for being, and to expose their hidden contributions to community development that are often neglected.
The study's findings will be useful to Nigerian policymakers since they will be used in the decision-making process. As a result, it will assist the government in formulating new policies.
This research will aid the government and the international community in better understanding the variables that influence the development and viability of the private sector in Nigeria.
This study will be significant to the government as it will bring to the fore the need for government to audit the implementation of this program, not just in Katsina state but also in other states of Nigeria.
Message Us on WhatsApp »
