Financial managers are responsible for the financial health of an organization. The findings revealed that guidelines are not strictly adhered to when carrying out development planning with regard to ensuring judicious use of public financial resources in local governments of Bayelsa state Though the study revealed that the performance of public financial management in local government administrations is to a moderate extent, the management of financial activities still require rapt attention.

Also, there must be an existence of a transparent procurement system as an integral part of the overall public financial management system which is supported by a clear regulatory …

Insurance and finance are closely interwoven fields of business, not least because they both involve money. Investment management: risk and profit analysis, risk aversion, terms, types of investments, portfolio diversification. With their skill, luck, careful planning and good management; they have turned many businesses into profitable ones. A second reason that public finance is interesting is that in many countries what people are being held to account for is also changing. Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. This is determined by …