The student loan industry is huge, and it is expanding as college costs rise. The shortcomings in the internal control framework include the lack of availability of financial reports suitable for management analysis and the fact that efficiency, effectiveness and value for money audits are not done. Small companies are hit harder by taxation, face higher investigation costs for loans, are generally less well informed of sources of finance and are less able to satisfy loan requirements. The study proposed hypothesis (H1), to examine if There is a positive impact of financial management in Local government administration on effective and judicious use of public financial resources in Bayelsa State”. The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of management accountants.
This donor interest in improving Public Finance Management performance has led to immense pressure on countries to adopt new public management approaches. The …
