Introduction To Public Finance Essay

783 words - 4 pages

NATIONAL OPEN UNIVERSITY OF NIGERIA
COURSE CODE:
MPA
728
COURSE TITLE:
PUBLIC FINANCIAL MANAGEMENT
MPA
728
COURSE GUIDE
ii
MPA
728
PUBLIC FINANCIAL MANAGEMENT
Course Team
Mr. E. U. Abianga
(
Developer/
Writer)
-
NOUN
Dr. Bonaventure Nkup Haruna
(
Editor
)
-
UNIJOS
Dr. Dimis I. Mai
-
Lafia (Programme
Leader)
-
NOUN
Mr. E. U. Abianga
(Coordinator)
-
NOUN
NATIONAL OPEN UNIVERSITY OF NIGERIA
COURSE
GUIDE
MPA728
PUBLIC FINANCIAL MANAGEMENT
97
Source:
Koleade Oshisami (1992) quoted in Ola and Offiong
(2008). Government Accounting and Financial Control
Ibadan, Nigeria: Spectrum Books Limited, p. 55.
Rolling Plan in Nigeria’s Planning and Budgeting ...view middle of the document...

5
Government Agencies Managing and Controlling the
Finances of the Federation
The following though not exhaustive can be listed as Publi
c Financial
Control Authorities in Nigeria:
The Constitution
The Constitution serves as the foremost control authority on financial
matters just like and other matter of national interest. In it, is embedded
all rules through which the country is govern
ed. For example, it
provides for the custody of all revenues or other moneys raised or
received by the federation and the conditions and manners for their
MPA
728
PUBLIC FINANCIAL MANAGEMENT
126
The African Development Bank was established under the auspices of
Economic Commission for Africa (ECA) in 1966
Functions as express in the statute establishing
ADB are t
o:
a.
Use the resources at its disposal for financing of investment
projects relating to the economic and social development of its
members.
b.
Undertake and participate in the selection, study and preparation
of projects enterprises and activities con
tributing to such
development.
c.
Mobilise both within Africa and outside Africa, resources for the
financing of such investment programme.
d.
Promote investment in Africa of public and private capital in
projects or programme.
e.
Provide such technical assistance
as may be needed in Africa for
the study, preparation, financing and execution of development
project or programme.
f.
Undertake such other activities and provide such other activities
as may advance its purpose.
Sources of Finances
The bank’s ordinary sh
are capital comes from the...

Other Papers Like Introduction to Public Finance

Uk Post Office Essay

7765 words - 32 pages Private Finance Initiative cannot be judged solely of itself, but in relation to the record of conventional public sector procurement projects, which is not good. One of the benefits of its introduction has been to focus greater attention on the need to identify and manage better risks in the delivery of public sector procurement projects, not just those involving private finance. But the real success of Private Finance Initiative projects depends on

Boeing and Aircraft Management Essay

912 words - 4 pages | ACC 6630 | Accounting Theory And Policy | ACC 6640 | Islamic Worldview And Accounting Ethics | ACC 6810 | Islamic Accounting And Finance | ACC 6820 | Accounting Research Methods | ACC 6650  | Introduction to Library Search & Academic Writing | ACC 6660 | Literature Review |   |   | Elective Courses Course Code | Course Name | ACC 6830 | Accounting For Islamic Institutions | ACC 6840 | Issues In Auditing | ACC 6850

Decision Making Courses and How They Relate to Decision Making

1291 words - 6 pages mathematical techniques High support iii. Finance Course Relation to Decision making Focus Computerized Support Corporate Finance introduction to the theory, the methods, and the concerns of corporate finance and how they affect decision making Time value of money, uncertainty and trade-off between risk and return Minimum computerized support. Monetary Economics and the Global Economy understanding macroeconomic events and policy, which

Financial Risk Management

1021 words - 5 pages Brief Introduction of Financial Risk Management Financial risk management is an interdiscipline with various researching subfields including the studies of mathematical methods to maximum the profits, quantitative analysis of financial databases and investment decisions. In other words, it is aimed to bridge the gap between mathematical theories and practical financial analysing tools (Nawrocki 1999

Abc Def Ghi Jkl Mno

1848 words - 8 pages : Langage C | MGTE 31365: Introduction to Private Equity | FING 31081: Pre-MSc Finance | IDSI 31235: E-Business in Asia | MGTE 31369: Cleantech Entrepreneurship | FING 31113: Energy and Commodity Models and Applications | IDSI 31338: Créations de sites Webs | MGTM 31212: Gestion des ressources humaines | FING 31115: Energy and Commodity Markets and Products | IDSI 31339: Website Creation | MGTM 31214: Philosophie et commerce | FING 31251

Defining Financial Terms

666 words - 3 pages necessary issue in finance. 4. Secondary Market: Secondary market is defined as where securities are traded that has earlier been issued within the primary market (Titman, Keown, & Martin, 2011). Usually, the securities are issued in either public offering or private. This is necessary within finance because these markets provide liquidity to stake holders. 5. Risk: Risk is defined as a possibility when the investment might potentially

Management Accounting & Applied Finance (Maaf)

1160 words - 5 pages understanding of management accounting and applied finance from your previous tertiary studies. Units The MAAF module comprises the following units: Unit 1 2 3 4 Name of unit Introduction to management accounting (including ethics) Analysing business operations Activity-based costing and management Pricing decisions and models Online assessment 5 6 7 8 Management of revenues and costs Performance reporting Working capital management Business planning

Analysis and Interpretation

3425 words - 14 pages CHAPTER-1 INTRODUCTION FINANCE: Business concern needs finance to meet their requirements in the economic world. Any Kind of business activity depends on the finance. Hence, it is called as lifeblood of business organization. Whether the business concerns are big or small, they need finance to fulfil their business activities. In the modern world, all the activities are concerned with the economic activities and very

Global Health Issues in Behavioral Finance

1070 words - 5 pages Title Page Introduction a. Global Health Issues b. Economic Impact Behavioral Finance a. Emotional Biases i. Risk Aversion ii. Regret Aversion Market Implications a. Every market in today’s economy was impacted either directly or indirectly by the SARS epidemic. i. Most saw measurable decreases in GDP b. Global cost of lost economic activity due to SARS was approximately $54 billion Conclusion a. Economic

Financial Markets and Institutions

1073 words - 5 pages more than 50% of its total assets and income from financial assets is more than 50% of the gross income. • All NBFCs with an asset size of Rs. 100 crore and more as per the last audited balance sheet are now considered as systemically important NBFCs and are required to maintain CRAR of 10%. • The Maximum interest rate payable on public deposits by NBFCs are revised to 12.5 % per annum from April 24, 1997. Some of the important regulations

Project Financing

1195 words - 5 pages traditional government ownership, whereas projects that have strong commercial attraction, like telecommunication, are more suited for private sector involvement. This is according to Grimsey, Dand Lewis, M.K. (2004) Public Private Partnerships: The Worldwide Revolution of Infrastructure Provision and Project Finance. 1.2 Characteristics of Infrastructure Projects According to Hayes, Brian (2005). Infrastructure: the book of everything for the

Related Essays

Introduction To Corporate Finance Essay

1958 words - 8 pages Chapter 1 Introduction to Corporate Finance Week 1 by Hee Soo Lee Learning Goals The basic types of financial management decisions and the role of the financial manager The financial implications of the different forms of business organization The goal of financial management The conflicts of interest that can arise between owners and managers The various types of financial markets      2 Chapter Structure

Project Finance Essay

2029 words - 9 pages ? Harvard Business School. Case #203-031. Fight, A. (2006). Introduction to Project Finance. Essential Capital Markets. Elsevier 1st Edition. Hoffman, S. L., (2001). The Law and Business of International Project Finance, 2nd Ed., New York, Transnational Publishers, Inc. & The Hague, The Netherlands, Kluwer Law International. Kwakkenbos, J., 2012, Public profit for public good? Can investing in private companies deliver for the poor

Ppp And Project Financing In Logistics Infrastructure

2337 words - 10 pages Project Finance and Private Public Partnership in financing logistics infrastructure. Introduction Finance scholars acknowledge a clear-cut distinction between corporate finance and project finance. The two techniques are considered as basically different approaches to the problem of raising debt to fund capital investments. In corporate finance lenders assess the creditworthy of a whole company, evaluating the going concern, the full range of

Public Budgeting Essay

1721 words - 7 pages Ministry of Finance is there. The reporting and managing of budget through budget organization is enabled by sophisticated technology such as installing special software for budget. However, the lack of transperancy from the Ministry of Finance on reporting the Kosovo Assembly, as well as publishing expenditures is present. 1.0. Introduction Budget planning, what to spend and where to spend, is always a concern especially for public