Internal Control In Government Transport Institution (A Case Study Of Kwara State Transport Ilorin)

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Internal Control In Government Transport Institution (A Case Study Of Kwara State Transport Ilorin)


Proposal


This project is about the internal control system in government establishment

Internal control comprises the plan of organization in all the coordinated method and measuring within a business to safeguard the asset check accuracy and reliability of its accounting data. Promote efficiency and encourage adherence to prescribed managerial policies. The project work has been carefully arranged as to contain the following chapters.

Chapter one contains the study as well as the scope and limitation of the study. While in chapter two attempts was made to review some literature as related to internal control system in government establishment (institution, the method of data collection was discussed in chapter three and difficulties of internal control system were discussed in chapter four and chapter five is the summary and conclusions of the work.

 


Chapter One


1.1 Introduction

This project work center around the international control system in government institution with a critical look into the kwara state transport corporation popularly know as kwara express, established by the kwara state transport corporation edit No 14 of 198, which earn INTO FORCE ON 11th FEBUARY 1998.

Every day, critism and allegation are being levied on some government parastatals by the public as being in productive and in efficient

For example there has been many debate as to whether or not the Nigeria railways should be privatized. Some extremists have gone pace away demanding and immediate scrapping of the railways.

The reason for this allegation are not fetched, the operation of the railways have always argued that the railway was established to provide essentials transport service to the public and the case of profiteering is quite secondary and because of that internal control in railways corporation are very loose.

The researcher has gather that for many fear now, the Nigeria railways is saddled with it’s poor revenue returns, a condition that has forced the corporation to rely hearing on the federal government subventions which at tones come below the projected estimate hence the suspension of most of the total service of the corporation to the public and in some instance the delay in payment of staff salaries government institution can still be efficient in their service to the public by having a good internal control system. The system must be monitored by intelligent and honest person coupled with the will ingress of the management to establish some. Internal system is know to be the system of control on finance or other wise established by the management on other to guide the assets of the company. From the data gathered, it is understood that why the private and public organization have good internal control system because most posses profit orientation relatively, private and public companies pay tax to the government why government institution pay little or on tax at all and most of the do not care whether or not there are good internal control system

Kwara state transport corporation a profit oriented organization was established on the 11TH February, 1998 by the them military administration group captain Ibrahim Alkali as part of the administration commitment to offer cheap transportation service to the public and solve the problem of exploitation by the state ministry of work, although, with impended management boldly and self –accounting in nature, the corporation share holding is 100% government owned.

The internal control system of the corporation has gather command and praise possibly because use of its profit orientation. Beside, the transport services offered by the corporation, it deals in the sales of petroleum product of the initial stage the corporation also proposed to deal in courier services the effective of the services can not be easily assert aimed as some is certainly on conflict with the edict establish in gather corporation internal control system in kwara state transport corporation shall be evaluated in subsequent chapters. The writer tried to examine the problem militating against the efficiently control system in government establishment with emphasis in finding during the research appreciates the need for management to establish effective internal control system in the organization, effort shall be geared to recommend their relevant measures not only to maintain the system in the organization but also being about better ideas that can improve the system. .

The impose of this project is to examine whether or not internal control system naire incorporated in to the management of these prostates and if so to what extent is the system made use of also factors, which militate against the efficiency, will be so exposed as to leave no one in doubt of the cause of the inefficiency. Does it means that there is no proper control of the resources available to the institution leading to public intery as to their being so loose with internal control system ? how ever, looking at the example of railways corporation, there are lot of militating factor against the viability of the railways which probably also lead to the poor revenue returns for corporation.

Furthermore, stiff competition from the tailor handler who place their trailer behind shops at the ports and carry the discharged goods up worth and other destination also make the railways to stand on a futile ground.
The mobility of the government to reliabilities all roads is likely to be a factor against effective internal control system in Kwara state Transport corporation complete with the corporations future to put in place the use of big lorries.

At the end of the project work, we shall be exposed to the degree of efficiency in government establishment with a critical look in the Kwara state Transport corporation. Possible suggestion shall be part too aid the corporations effort.


1.2 Objective of the Study

The main objective of the study is to examine the internal control in government transport institution.
And as mentioned in the introductory paragraph the internal control in government transport institution is to examine whether or not internal control system are incorporated in to the management of these prostates and if so, to what extent is the system made use for.

Also factors which militate against the efficiency.


1.3 Scope of the Study

This study is an attempt to examine and review the effectiveness of internal control system, its function characteristic and essential features, the role if plays in leading the management of government institutions will certainly be evaluated. The effect of internal control system on Business Corporation shall be critically looked into.
The researcher intends to be explicit enough on internal control in general and its significance organization, few types of government institution can be mentioned in chapter three.

Numerous problems which are found to be militating against effective operation of internal control system in the corporation is the thezine of chapter four.

However, chapter five shall finally give possible suggestion recommendation about this problem so as to have efficient internal control system in Kwara state transport corporation.


1.4 Limitation of the Study

This study is limited to the government establishment and no attempt is made dable in to federal establishment.
Cost of the materials to be used in this project also limits our attention on Kwara state transport corporation the writers are also limited to the information given to them in the process of the research.


1.3 Definition of Key Terms

i. Appraiser:

This is method of assessing the performance of government transport institution

ii. Consultative:

This involves finding out from the appraise about government transport institution on how he can improve.

iii. Grading:

These are certain categories of transport which worth are established and carefully.

iv. Point System:

This is also known as waited point system, under this circumstance transport are valued by means of qualitative expression desirable for each transport.

v. Appraise:

This transport that is being assessed (appraised)

vi. Benevolent:

This involves teachings the driver how to behave by telling him where he goes wrong.

vii. Ranking:

This is a situation where by transport are compared with another performance for the purpose of putting him in simples rank of work.


Chapter Five


Summary, Conclusion and Recommendation

5.1 Summary

A lot has been said about internal control system in government establishment, most especially Kwara state Transport corporation which is popularly known as Kwara Express. Kwara state Transport corporation is a profit, oriented organization, which came into existence on 11th day of February, 1988. it is a corporation established include the supervision of the ministry of works and the corporation share holding is 100% government owned.
The internal control system of this organization has gathered praises possibly because of its profit oriented. The effectiveness of this services can not be easily as curtained as some is certainly in conflict with the addict establishing the corporation. This study was undertaken with the view of improving the problem facing the sue of the internal control system most especially in government institutions particularly kwara Express; it is worthy to note that the essence of internal control system is to reduce embezzlement and all sorts of fraudulent act in transport institutions.

It is also to examine whether or not internal control system is in corporate into the management of those parasail and if so to what extent is the system made use of.

Government institution like kwara state express (kwara Express) is the organization that is established to serve the general public especially low income classes in the economy. When this organization ceases to operate its purpose of establishment cases


5.2 Conclusion

Therefore is no form or standard system of internal control system that can be applied to all under a king regardless of the size and nature of the business. The procedure that is adopted have to be assessed in the high of the risk they are designed to check so that the cost of operating the control is weighed in relation to the possible loss if the control was removed.

No system of internal control can be said to be perfect there are always limitations that will be inherent in the system and this may be due to such factors as mission distending of instruction, error in judgment, carelessness, distraction or fatigue and collusion more overs, dome possible errors to the business is not sufficiently important to justify the additional expenses that would hare to be incurred by extending the control system to prevent them.
In any event, even the most rapid checks do not make fraud more difficult and to act as a moral check by making the chance and public companies the system of internal control is possible because of the management major objectives of profit maximization.

However, the management of kwara state Transport corporation and other governmental parastatls should endeavor not only to install control system but also to check it up with action. Not until the members of the public will continue to criticize them as in efficient and there made operation effective in a nutshell, there is an intensified public enlightenment programme on the advantage of internal control system in government establishment.
Also there is need for an intensified public enlightenment the advantages of traveling by kwara Express and the community in generally should be encourage to travel by kwara state Express.


5.3 Recommendation

From this research like others, which must have observed pitfalls strong recommendation action given below shall be of immense help if put into practice.

Considering the findings of the study, there are lots of problems that are comforting any public sectors in making judgment about others. “because no system of internal control can be said to be perfect, there are always limitation that will be inheriting in the system and this may be due to such factors as misunderstanding of institution, error in judgment, carelessness, distraction or fatigue


Internal Control In Government Transport Institution (A Case Study Of Kwara State Transport Ilorin)


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Internal Control In Government Transport Institution (A Case Study Of Kwara State Transport Ilorin)


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