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PROJECT TOPIC: IMPACT OF COLLECTIVE BARGAINING ON THE SERVICES INDUSTRY (A CASE STUDY OF P.H.C.N)

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CHAPTER ONE

1.1   BACKGROUND OF THE STUDY

It has been recognized that financial management plays a catalytic role in the process of economic growth and development. As the economy growth the financial become on increasingly deep and broad its structure also become increasingly sophisticated. The operation of government accounting is governed by certain rules and regulations which are subjected to review or amendment in line with polities social or economic changes. Some of these rules and regulation include, Financial Control and Management Act 1950 as amended by the Audit Act of and Constitution framework. 

In the past local government have less to perform probably among other reason because the people were not all that conscious of their right of having a fair share of government resources. Nowadays, the political awareness of the people has greatly improved.

Consequently they have becoming more conscious of the heeded for better environment and good condition of living these community continue to put pressure or to pressurize of the local government for more social amenities.

Unfortunately, the local government is concentrated by law to satisfy the people needs since its resources and search in relation to their increased demand.

All the same local government in duly bound and under the obligation to provide it citizens with certain basic services this task gave rise to the ineluctable question of efficient financial management. The measurement of public accountability.

In addition, to access the impact of leadership in the development of an area, and also to access the management in the operation of both human and non human resources.

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1.2   PROBLEM OF THE RESEARCH

This research work is carried out in order to establish the fact that financial management make contribution into local government administration.

There is usually inefficiency in the financial management and as a result into confusion which inappropriate in local government. This cause set back in financial management central. In some organization which does not allow the research to have enough information about the financial statement of accounting system, there is not yet proper understanding in appropriate derived from financial management is greater than to providing this information for the research.

The major problem encountered as regard this research is from responded.

Most local government are not willing to disclose information, especially because of the fact that, it has to do with accountings. They do not want to give any information about their accounting system they feel it may have an implication on them.

1.3   AIMS AND OBJECTIVES OF STUDY

        The sole aim of this research is to consider efficiency of the financial management control measure in local government administration. However, the purpose of the study is to sole efficiency and deficiency of the financial management, the local government administration is the system that is to encourages all the local government administration to practice the efficient of financial management. And other purpose of the study is to show some impact of the leadership in the development of an area. 


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