"The impact of internal control system in the nigerian banking industry a case study of some selected organization" Essays and Research Papers

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    The best option for a health care organization is to become a for-profit organization. CCFC has determined this by the following research that will be demonstrated in this paper (Carter‚ C.‚ n.d.). A nonprofit organization is primarily formed for a selected religion‚ charity or education purpose‚ while a for-profit organization is formed to earn a profit for its owners (Carter‚ C.‚ n.d.). A nonprofit organization is formed to perform certain tasks‚ and the profits of performing these tasks are

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    POWER SYSTEM OPERATION AND CONTROL USING THE SCADA SYSTEM INTRODUCTION Power System Operation and Control can simply be defined as the real time manipulation of certain status quantities based on the Power system design. These quantities are classified as follows 1. Integer- variables * Tap – settings on a Power transformer This is used to vary the secondary voltage to enhance quality of voltage being transmitted to consumers. * Status of circuit breakers‚ RMU fuses‚ feeder-pillar

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    2070-0083 (Online) Fraud and Fraudulent Practices in Nigeria Banking Industry (Pp. 240-256) Owolabi‚ S. A. - Accounting Department‚ Babcock University‚ Nigeria E-mail: emilagab05@yahoo.com Abstract The paper reviews the various forms of fraudulent practice their impact and inducement for various reforms in banking industry. It also mentions various legislations targeted at reducing fraud and introducing some forms of control and reporting systems. Various theories of fraud are examined and detailed analysis

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    Chinese Banking System

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    In China savers are turning from traditional deposits to a higher return wealth management products; this trend is exposing risks to the Chinese banking system. Wealth management products are a mix of short term investments such as bonds‚ money market funds and other securities and the potential risk is that banks invest the proceeds from sales of these products in securities with longer maturities than short term investments; when products mature‚ banks persuade customers to either roll over the

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    the external and internal influence directly or indirectly to the organization The Internal Environment The internal environment of an organization refers to events‚ factors‚ people‚ systems‚ structures and conditions inside the organization that are generally under the control of the company. The company’s mission statement‚ organizational culture and style of leadership are factors typically associated with the internal environment of an organization. As such‚ it is the internal environment that

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    be created and maintained with in organizations. The purpose of this paper is to examine the impacts of diversity onto an organization in addition to explaining the legally mandated and stakeholder driven explanations for mandatory diversity. Diversity’s Impact on Organizations Diversity within an organization is a blending of people from various cultural‚ religious and ethnic backgrounds. Diversity has challenged organizations to set realistic goals for its leaders

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    online banking system

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    the whole system of waiting. Be it standing in long queues to pay your bills‚ or reserving a movie ticket‚ railway ticket‚ airway ticket ‚or even bus tickets‚ or moving around with trolleys at supermarkets‚ or choosing your stuff at shopping . These are now possible through online which mainly save time on waiting and pushes the bar to maximum speed. To complete this whole requirement money should be transferred to the dealer. This is when online banking comes into picture. Online banking has seen

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    Organization Study

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    ABSTRACT Organization study is an exercise for the students who are undergoing M.B.A. program. The objective of the study is to make the student familiar to the current industrial scenario. It provides the student with the first hand idea on the general working of the organization. The student gets an environment where he can actualize all the knowledge he has acquired in his curriculum. The exercise is an opportunity for the student to understand the organizational structure‚ the major departments

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    Internal Control Being that LJB Company is still a small company with faith in their long term employees puts LJB in an advantage over competitors. Having long term employees show and express the loyalty towards the company. There is one advantage of LJB Company being a small firm as we are approaching our initial public offering. Because of some small issues that will need to be resolved as per internal control requirements‚ LJB being a small firm it should be easier to bring change with implementation

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    of the study. Internal control is define as the whole system of internal control‚ financial and otherwise established by management in order to carry on the business of the enterprise in an orderly manner and efficient‚ ensure adherence to management policies‚ safeguard the assets and secure as far as possible the completeness and the accuracy of records. - Dr. Kwame Aveh. (Auditing page 82-83‚ 2010) The individual components of an internal control system are known as controls or internal controls

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