INTERNAL CONTROL A COMPARATIVE ANALYSIS BETWEEN PUBLIC

INTERNAL CONTROL A COMPARATIVE ANALYSIS BETWEEN PUBLIC AND PRIVATE SECTORS

ABSTRACT

Internal control is an important tool by which management aims to achieve its object, of ensuring as far as practical the orderly and to efficient conduct of the business of the enterprise it is an indispensable aid to efficient management particularly in large scale organization where it is impossible for management to be physically present to all sense of action. The research project is control in the private sector in order to find out whether move is a difference between the two and also to find out reason for these of suggesting ways of improving internal control in the public sector. In order to achieve the objectives of this research four organization are used two from the public sector (Enugu state Institute) ie (PROUDA) and also two from the private sector (Eastern shop Nigeria limited Enugu all in Enugu State, were made use of properly validate research and oral interview were used in a means of data collection for the purpose of the study.

TABLE OF CONTENT

CHAPTER ONE

Introduction
1.1 Purpose of the study

Significance of the study
Scope of the study
Limitation of the study
Definition of terms

CHAPTER TWO

Definition of internal control
2.2 Functions

2.3 Relevance of study

CHAPTER THREE

Summary of finding, Conclusion Recommendation
3.1 Summary

Finding
Conclusion
Recommendation
Bibliography

CHAPTER ONE

INTERODUCTION

1.1 INTERNAL CONTROL

This is the system by which management maintains control over the purchase reserving storing and selling of merchandise strong internal control we needed not only for purchases and sales transactions, but for all other types of transaction as well. In fact the concept of internal control we needed not only for purchases and sales transactions, but for all other types of transaction as well. In fact the concept of internal control affects all assets and liabilities the revenue control is to provide assurance that the entire business operates in according with management’s plan and policies. A system of control within the organization included all measure taken by an organization for the purpose of the following.

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