- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
ABSTRACT
An appraisal of the internal control system in commercial banks in Nigeria have attracted the researcher to investigate those strengths and weakness, of these study.
After everything the researcher concluded that the internal control system in commercial bank is sound in principle and effective in operation.
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Trade in Nigeria before the arrival of the Arras and Portuguese, trade before the early 18thcentury was strictly by barter. But in 1870 when those trade arrived, a mixed barter money economy was introduced during this period, commercial and economic activities among African’s were barters where as such activities between Africans and Arras Portuguese were commodity money or the other, such commodity mouse used include items like coral breads, cowries, brass and copper, rods, bottles cases of gins, livestock and even Slaves who by then, served more as beast of burden.
The Portuguese, who where said to be the first Europeans to visit the west African coast eventually popularized the use cowries as monetary instrument in their trading activities in the Ancient kingdom of Benin. The Portuguese there after monopolized trading activities in the west African coast, including Nigeria, African coast.
Just a few years after the arrival of those British traders, they conquered the Portuguese traders and took over the monopoly of all commercial and economic activities in four different nations on the West African coast namely gold coast (now Ghana) Gambia, Sierraleon, and Nigeria. It was not long when it was discovered that those British traders did not only come to trade, but in the actual sense to rule. This how ever lead to the colonial(Administration striation. With the subsequent setting up of a British colonial Administration in those countries, the use of currency a namely but British Sylva coins was greatly encourage. This however was the first step in the c. of monetising those economics, which in actual sense facilited exchange greatly discourage barter.
The early period of colonial administration back dates Nigeria in banking idea. The British traders day banking in Nigeria Principally for the proper execution and transmission of funds to effectively serve the British colonial government and their corporation.
1.2 STATEMENT OF THE PROBLEM
The basis objective of most business include serval and growth: Fulfillment of social responsibility and the making of satisfactory profit sound and effective system of central are established in order to carry on the business of the enterprises efficiently and orderly and assets in sina guenon (important) to the achievement of the above objective. A sound system of internal control also helps in checking the accurate and reliability of records, free flow of management information and adherence to management polices in order to reduce practicable wastage, pilferage losses and theft.
1.3 objective of the study
The aim of the study is to examine the internal control system as established and operated in the banking industry of Nigeria in pursuance of this objective we shell:
1. Examine the internal control system of commercial banking in Nigeria as regard loan and advance investment and deposit.
2. Ascertain the extent of compliance with laid down policies.
3. Critically examine why there is persistent increase in the banks bead doubtful debts.
4. Make recommendations in the night of the finding from the above objective.
1.4 SIGNIFICANCE THE STUDY
In the commercial banking industry control are exercise of all levels from the area officer to credit control and then the inspection departments this elaborate system of control is necessary in the area of loans and advances, it therefore makes it imperative that adequate internal control measure like lending limits of manger, inspection and Constance review of overdrawn account must be placed on loan and advances if the banks is to fully realize it earning and avoid high bad doubtful debts.
1.5 LIMITATIONS OF THE STUDY
This study will be limited to the following areas loan and advance, wages and salaries, fixed assets and investment and commercial bank deposit.
Any short coming that may arise in this research project is a result of factors which are beyond the researchers control such as limited amount of time available to the researcher and the extent to which the information obtained from bank is correct.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE IMPACT OF CAPITAL MARKET ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA
» TABLE OF CONTENTS Title page i Declaration ii Certification iii Dedication iv Acknowledgement v Table of Contents vi Abstract x CHAPTER ONE 1.0 Introd...Continue Reading »Item Type & Format: Project Material - Ms Word | 68 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARDS IFRS ON THE QUALITY OF FINANCIAL STATEMENTS (A case study of First Bank of Nigeria Plc)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Globalization of capital markets requires a unified global accounting, reporting and disclosure s...Continue Reading »Item Type & Format: Project Material - Ms Word | 74 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. THE EFFECT OF MONETARY POLICY ON FINANCIAL INSTITUTIONS IN NIGERIA (A STUDY OF FIRST BANK PLC OZORO DELTA STATE)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The term financial institution the general believe of people that one is referring to a particula...Continue Reading »Item Type & Format: Project Material - Ms Word | 45 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. ACHIEVING ORGANIZATIONAL OBJECTIVES THROUGH EFFECTIVE COMMUNICATION (A Case study of Bank PHB PLC, Kaduna)
» ABSTRACTEffective communication in any organization, regardless of its type and size remains critical to the achievement of organizational objectives....Continue Reading »Item Type & Format: Project Material - Ms Word | 68 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. THE IMPLICATION OF RECAPITALIZATION POLICY ON THE PERFORMANCE OF BANKS
» ABSTRACT This study examines the current banking sector reforms and repositioning through recapitalization for competitive advantage with a particular...Continue Reading »Item Type & Format: Project Material - Ms Word | 69 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. IMPACT OF AUTOMATED TELLER MACHINE ON BANK CUSTOMER’S SATISFACTION IN UBA KADUNA MAIN BRANCH
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Automated Teller Machines (ATM) are devices used by bank customers to process account transaction...Continue Reading »Item Type & Format: Project Material - Ms Word | 90 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE FINANCIAL PERFORMANCE OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA
» Chapter One 1.1 Background of Study1.2 Statement of the Problem1.3 Objectives of the Study1.4 Hypothesis Statement1.5 Significance of the Study1.6 Sco...Continue Reading »Item Type & Format: Project Material - Ms Word | 57 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. PROCEDURES AND PROBLEMS OF SETTING UP A SMALL SCALE BUSINESS IN NIGERIA
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY In recent years, the issues of mass unemployment particularly graduates unemployed has drawn the attention of ...Continue Reading »Item Type & Format: Project Material - Ms Word | 48 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. MANAGEMENT OF MICRO FINANCE BANK LOANS AND CUSTOMERS DEFAULT
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY In Nigeria, credit has been recognized as essential tools for promoting small and micro enterprises (SMEs). Ab...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. THE BANKING REGULATION, HOW CBN AND NDIC REGULATES BANKS IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY In the content of the financial system, the term “Banking Regulation” appears relevan...Continue Reading »Item Type & Format: Project Material - Ms Word | 67 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT