Financial reporting council of nigeria - amusing question
The President of the NBA Olumide Akpata had earlier directed all state branches to stage a protest march today to support full implementation of financial autonomy for the judiciary The protest was a follow up to the ongoing strike embark upon by members of the Judiciary Staff Union, JUSUN who have been on strike for two weeks demanding for full financial autonomy and independence for the judiciary. But the lawyers stood their ground that they will only deliver the letter of the Bar to the Governor directly or an officer in his office. The lawyers were later prevailed upon to send their representatives to go into the government house to drop the letter. A four-man team, including the Chairman, Aguegbodo, two former chairmen, Monday Ubani and Adesina Ogunlana and Chibuzor Agwocha, was later allowed to proceed inside to deliver their letter of demands for financial autonomy for the judiciary in the state. Agugbodo disagreed with the Chief Judge of Lagos State, Justice Kazeem Alogba who on Thursday said the judiciary in the state enjoys financial autonomy. He contended that what obtains in Lagos state is partial compliance with the provisions of the constitution. Facebook Comments.Financial reporting council of nigeria - seems me
He is a member of the group executive committee. He held senior management roles in franchise building, products and customer coverage across Asia Pacific, Europe and Africa, including head of global loans and leveraged finance, Asia Pacific, and corporate banking head, central Europe. Based in Hong Kong, he was appointed to this position in January Having previously been the head of global equities and commodity derivatives for Asia Pacific, Mr Rousseau has been leading the platforms of both equity cash and equity derivatives in Asia Pacific for BNP Paribas since As a member of the Digital Committee of the bank, he is driving several digital initiatives in APAC where several projects are now in pilot mode. Mr Rousseau has almost three decades of extensive experience in finance, with more than 20 years in Asia Pacific. He started his career in as a financial controller with Citibank Benelux, after attaining a diploma in commercial engineering. financial reporting council of nigeria.This research work is aimed at looking at the various ways in which the Accounting officers: — Chief Executives, Accountants, Auditors and in fact the Financial controllers in our country help to enhance financial accountability and transparency in the public sector.
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A framework for understanding the relationships between the major financial administrators and their subordinates in Public sector financial accountability and transparency was established. A questionnaire, interviews and research methodology was adopted for this research. Each question was examined as a whole to obtain an understanding of the opinions and perspectives of the respondents from each individual, organization as to what are considered to be the important factors in this study. Then, chi-square was used to test the five hypothesis propounded.
The results suggested avenues of enhancing financial accountability and Transparency in the public sector. The major findings from the survey are: 1 Public Financial Managers do not enhance the implementation of financial accountability and transparency in the Nigerian public sector.
Finally the research concluded with the following major recommendations: The Nigerian value system must be changed so as to stamp out dishonesty and the use of double standard in handling government matters and that Regular workshops, seminars and trainings should be organized on regular basis for those public accountants who rose through the ranks. This will make them fit into the accounting duties properly.
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The general global perception about graft in Nigeria is that it is a pervasive phenomenon. It is generally acknowledged that corruption and corrupt practices are endemic and systemic in both the public and private sectors of Nigeria. Corruption has surely had debilitating effects on the country as it has had elsewhere. It is encountered in the routine processes of governance both in public and private sectors, and it pollutes the business environment generally. It equally undermines the integrity of government and public institutions.
Nigerian poverty in the midst of plenteous natural resources is as a result of bad leadership, Leadership without skill and character. In formal democracy bad leadership is to a long extent a product of flawed electoral system.]
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