EFFECT OF INTERNAL CONTROL SYSTEM ON RISK MANAGEMENT
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study examine the effects of internal control system on risk management. The researcher consider employee of Nigerian television authority, Lagos centre as the population of the study. This research adopted descriptive design and quantitative approach. The data collection instrument used was questionnaire. The population of the study were staff of Nigeria Television Authority in Lagos state. Data was collected from the entire population. The study discovered that NTA has adopted a hybrid control framework (COSO, CoCo, and CobiT frameworks) and that the Board of Directors and Management of NTA only are responsible for formulating internal control policies. It was revealed that the control systems of NTA are highly strong and effective. The study found out that: the inability of the control system to detect people who do not comply with control policies; inadequate physical control measures and procedures over the organization‘s assets to protect those assets against theft and unauthorised access are some of the challenges of NTA‘s internal control systems. It was also discovered that the control system had led to positive financial and non-financial performance at NTA. Some of the major recommendations made include: NTA should involve staff in the formulation of control policies and also, the organization should conduct regular control system reviews.
Related Project Materials
THE IMPACTS OF DEVELOPMENTAL BANKING SYSTEM ON NIGERIA ECONOMY
BACKGROUND OF THE STUDY
Banking service when it was introduced into Nigeria economy it had bring develo...
AN EVALUATION ON STUDENTS PERCEPTION AND ACADEMIC ACHIEVEMENT IN CHEMISTRY (A CASE STUDY OF SOME SELECTED SECONDARY SCHOOL IN DAWAKIN TOFA LOCAL GOVERNMENT AREA OF KANO STATE)
BACKGROUND OF THE STUDY
Chemistry as a science subject plays a vital role in transforming the environme...
PARTY POLITICS AND ELECTORAL VIOLENCE IN NIGERIA
EXCERPT FROM THE STUDY
Party system has become an indispensable factor in every human society as a result of modern repr...
RELATIONSHIP BETWEEN E-LEARNING AND ACADEMIC BEHAVIOR OF UNIVERSITY STUDENTS
EXCERPT FROM THE STUDY
as stated by Derouza & Fleming (2019); contrasted scholars who finished test electronically w...
IMPACT OF PRODUCT QUALITY ON CUSTOMER RETENTION IN MANUFACTURING COMPANIES IN NIGERIA
Background Of The Study
In this present era, the production of high-quality products, as proponed by Ap...
AN ASSESSMENT OF FINGERPRINT AUTHENTICATION SYSTEM FOR ATM SECURITY
Background of the Study
A biometric system is, in essence, a pattern recognition system that functions by first gatherin...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN PROMOTING SUSTAINABLE CONSUMPTION
ABSTRACT: This study investigated The Role of Early Childhood Education in Promoting Sustainable Consumption...
THE ROLE OF VOCATIONAL EDUCATION IN PROMOTING SUSTAINABLE RESOURCE MANAGEMENT
ABSTRACT: The role of vocational education in promoting sustainable resource management is critical for developing a workforce equipped with t...
ECONOMIC ANALYSIS OF FOOD SAFETY AMONG PORK MARKETERS
ABSTRACT
This study was carried out to analyse food safety among pork marketers in Abakiliki area of Ebonyi state. T...
EXTRACTION AND STABILIZATION OF ALOE VERA GEL FROM THE PLANT
INTRODUCTION
Aloe vera (Aloe barbadensis miller) is a perennial plant of Liliacea with turgid green leaves join...
