1.0  CHAPTER ONE

INTRODUCTION

The Financial Management Information System (FMIS) is an operational system that supplies the reports and data that are used for the audit of the Custodial Financial Statements of the IRS by the General Accounting  Office (GAO).  A major objective of the custodial Financial reporting system is to be continuously and accurately responsive to regular and ad hoc requests for custodial financial reports.

FMIS is currently in the Control phase of the IRS CPIC process where it is continuously monitored for cost, schedule, and project performance. The IRS ensures that operational systems are executed in a disciplined, well-managed, and consistent manner through timely oversight, quality control, and executive review. To better understand the IRS compliance with provisions of the Chief Financial Officers (CFO) Act and the system development environment, it is important to understand that the IRS has two separate financial operations, which independently track the funds, and result in six separate financial statements.  One financial operation is Administrative and accounts for the appropriated funds.  The other is Custodial (FMIS) and tracks tax collection.

The Administrative financial operations, information systems, and statements are similar to those found in any large corporation. However, the Custodial financial operations, information systems, and associated statements track tax revenues processed through the lRS pipeline. The pipeline is the IRS’ tax return processing channel that begins at initial receipt of tax returns and remittances and tracks the information/funds through postings on the Master Files, many large databases. 

The Custodial Financial Accounting System is unique in complexity and scope.  FMIS is comprised of two key sub programs, Revenue and Refunds (R&R) and Unpaid Assessments (UA).  Each key component is described as follows:

Revenue and Refunds

This system is used to identify all of the detailed transactions that posted to the Individual Master Files (IMF), Business Master Files (BMF), Individual Retirement Accounts File (IRAF), and Non-Master Files (NMF) during the fiscal year. These detail transactions are broken down into Revenue transactions, Refund transactions, Other Transactions that are part of the fiscal year, and Other Transactions that are not part of the fiscal year. Once these breakouts are done, revenue and refund reversal transactions are matched to the transactions they reverse. Paper and electronic reports are generated and distributed to the Office of the CFO and to GAO. The detailed files provide support for the amounts from the Interim Revenue Accounting Controls System (IRACS). The files are also made available to GAO for sampling and to validate the financial statements.

Unpaid Assessments

The objective of Unpaid Assessments is to continue to provide the users, Chief Financial Officer  (CFO), Research, Compliance, and GAO, with required program changes for reporting, researching and auditing of the financial statements for debit balance and frozen credit modules.  The near term objectives are to support:

Background of Study

The Police Service Commission is the civilian oversight body established under the Nigerian Constitution for the Nigeria Police Force. It has power to appoint, promote, discipline and dismiss all officers of the Nigeria Police Force (NPF) except the Inspector-General of Police (IGP).

The objectives of the Commission are to make the relationship between the public and the police one of trust and confidence instead of suspicion and indifference.

The Commission recognizes the public as essential to ensuring an effective police. The Commission has a charter, which is addressed to the Nigeria Police, civil servants, NGOs, Security Agencies and the general public. Members of the public may challenge or commend the activities of the police through the

Public Access Procedures/grievance redresses mechanism.

The Police Service Commission was established as an executive body for the Federation of Nigeria under section 153 of the Constitution of the Federal Republic of Nigeria 1999, and the Police Service Commission (Establishment) Act 2001

The Chairman of the PSC says the FG is committed towards improving the image of the NPF.

Chief Okeke who spoke in Abuja when he received in audience Members of PPMU Unit said government has continued to do its best to give the nation a disciplined Police Force.

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