THE IMPACT OF INTERNAL CONTROL SYSTEM ON REVENUE GENERATION: (A CASE STUDY OF POWER HOLDING COMPANY OF NIGERIA (P.H.C.N) OKPARA AVENUE ENUGU)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The objective of this study was to evaluate the internal control system in operation at power holding company of Nigeria Plc in Enugu State with a view to knowing its impact on revenue generation in the state. A sample of 40 was selected for the study randomly. The questionnaires were used in gathering the primary data while secondary data were collected from the work of others in the form of literature review. The data collected were analyzed using the chi-square (x2) as the statistical tool to determine the valuation of the hypothesis. The findings concluded that weak internal control system encourages collusion fraud loss of revenue, embezzlement and computation. This have always impeded the company’s ability to effectively supply electricity to customers and there from generate revenue. Internal audit system ensures operations compliance with set policies, promoting accuracy and reliability of transactions recording. In addition, effective internal control system ensure effective recommends the remodeling of the company’s internal control system and strengthening of the investigating unit. The components sectors of the present corporate Power Holding Company of Nigeria PLC should be unbundled into separate distinct independent entities that handle generation, transmission, distribution and marketing. It further recommends that prepaid meters should be seen as an alternative to further accumulate debts
Related Project Materials
EFFECT OF CHEMICAL TREATMENTS OF NATURAL FIBERS ON THE PHYSIO-MECHANICAL PROPERTIES OF REINFORCED HIGH DENSITY POLYETHYLENE COMPOSITES
Significance of the work
In this research, four natural fibers were used as the main reinforcements with high density polyethylene (HDPE)...
THE IMPACT OF E-PAYMENT SYSTEM IN OPERATION EFFICIENCY IN NIGERIA BANKS
ABSTRACT
The purpose of this study is to ascertain the impact of Information Technology on Banks. E –payment syste...
EFFECT OF ELECTRONIC INSTRUCTIONAL MEDIUM ON SECONDARY SCHOOL STUDENTS ACHIEVEMENT IN AQUATIC ANIMALS OF BIOLOGY CONTENT. (CASE STUDY OF SELECTED SCHOOLS IN ZAMFARA STATE)
ABSTRACT
The study was carried out to examine the effects of electronic instructional medium on seconda...
EFFECTS OF ANALYTIC AND CREATIVE PROBLEM-SOLVING ON INTEREST AND PERFORMANCE IN MATHEMATICS AMONG SENIOR SECONDARY SCHOOL STUDENTS
ABSTRACT
This study investigated the effects of analytic and creative problem-solving on Interest and Performance in Mathematics among Se...
HEALTH EDUCATION AS A PARAGIDM TO AN ENVIRONMENTAL HEALTH OFFICER
Background to the Study
According to Professor Emmanuel Ofeme, in Owerri, while delivering lecture at the 2nd Sam Okwara...
EFFECT OF SOCIAL ECONOMIC BACKGROUND OF PARENTS ON THE ACADEMIC ACHIEVEMENT OF THEIR CHILDREN IN SCHOOLS
Abstract
This study explores the issue of parental socio-economic status on students’ academic achievement in sec...
AN EXPLORATION OF INNOVATIONS IN PROMOTING EMPLOYABILITY SKILLS THROUGH VOCATIONAL EDUCATION
ABSTRACT: Innovations in Promoting Employability Skills through Vocational Education examines innovative approaches to enhancing students' empl...
KNOWLEDGE ON THE STANDARD PRECAUTION ON TUBERCULOSIS AMONG PRIMARY HEALTH CARE WORKERS OF BOSSO LGA OF NIGER STATE
ABSTRACT
This study investigates the role of public health workers in tuberculosis management and preve...
PRODUCTION OF DISINFECTANT
ABSTRACT
Disinfectants are antimicrobial agents that are applied to non-living objects to destroy micro-organisms that a...
TAXATION AS AN INSTRUMENT OF FISCAL POLICY IN NIGERIA
ABSTRACT
This research work is an attempt to examine how taxation is used as a fiscal policy tool in planning, controlli...
