The Evaluation of Internal Control System of Nepa
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
| Find More Project Topics | FIND HERE |
| Hire Us for Thesis Works | HIRE NOW |
| Hire Us for Project Works | HIRE NOW |
| Hire Us for Seminar Works | HIRE NOW |
| Hire Us for Assignments | HIRE NOW |
| Hire Us for Proposals | HIRE NOW |
| Contact Us | HERE NOW |
Chapter one on The Evaluation of Internal Control System of Nepa
INTRODUCTION
Background of Study
The statement on study auditing standards defined internal control as being not only internal check and internal audit but the whole system of controls, financial or otherwise, establishment by management in order to secure, as far as possible, the accuracy and reliability of the records run the business in an orderly manner and safeguard the company’s assets its objective being the prevention or early detection of fraud and errors.
One of the major factor believed to restrict efficient performance of most Nigeria public sector enterprise is un-serious approach towards accountability. There is a great need to establish internal checks and auditing system as well as defining a control of financial and management procedure so as to carry on the operations of the enterprise in a way as to guard against the possibility of not only fraudulent practices and financial necklessness but also enhance performance and public confidence the enterprises.National electric power Authority (NEPA) is an important public enterprise in Nigeria established by decree No.24 of 1st April 1972, with the amalgamation of Electricity corporation of Nigeria (ECN) and Nigeria dams Authority (NDA). NEPA was empowered to maintain an efficient, co-ordinates and economic system of electricity supply to all the nooks and cranny of the nation.It’s operations especially it’s financial management and control system has been subject of intense debate.
This is as a result some unsatisfactory performance as evidenced by near darkness all the time.There is need to look at the internal control system in NEPA and it’s operational performances in the area of efficiency.
Statement of problem
The national electric power, authority (NEPA) has the statutory function of catering for the electricity needs of the nation Nigeria. But the power supply has some factor contributing to power interruption. This interruption has terminology, which is termed “planned and unplanned outages”. For the planned outages, the authority takes light off to do repair and maintenance work to avoid a major breakdown. Before this job is embarked upon, customers are normally informed through the media, both price and electronic. Telling them about the interruption, and length of time involved.
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
The Evaluation of Internal Control System of Nepa research paper, should only be used as a guide.