PROBLEMS AND PROSPECT OF FINANCIAL CONTROL TOOL IN NIGERIA

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CHAPTER ONE

INTRODUCTION

1.1       Background to the Study

Financial control as the name implies means the proper management and control of financial aspects, the efficiency effective and management of finance of the organisation.  The finance control and management law 1968 is designed for control and management for the public financial and maters connected there with and it stipulates under section 33 that the accountant general shall under to the auditor general accounts showing the financial position of the state at the end of every financial year and these include: