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Full-Text Articles in Business
Cost Control And Accountability For Effective Budget Implementation, Chukwumah Lawyer Obara Dr
Cost Control And Accountability For Effective Budget Implementation, Chukwumah Lawyer Obara Dr
Lawyer Obara
Because of the growing complexity of business and business problems and because of the movement toward decentralization in large enterprise, increased attention is being given to better planning and control techniques. Consequently, the use of sound budgeting techniques is becoming more prevalent. Again, corporate restructuring has resulted in a treno toward placing the responsibility for budgeting at higher levels in the organization allowing for a stronger cost control and accountability measures. Consequently, the paper advocate the use of cost control method to monitor, evaluate, and ultimately enhance the efficiency of specific business areas such as departments, divisions, or product lines. …
Budget Preparation And Implementation In The Nigerian Public, Chukwumah Lawyer Obara Dr
Budget Preparation And Implementation In The Nigerian Public, Chukwumah Lawyer Obara Dr
Lawyer Obara
This paper reviewed the practice of budgeting and budget implementation in Nigeria. The objective was to empirically suggest ways of getting out of the jinx of continual and repeated adverse budgetary performance. In order to secure best value in terms of allocation and utilization scarce resources in Nigeria, we advocated the concept of value Money Audit, due process and cost Audit. These concepts if properly applied alongside good public procurement philosophy will engender a strong legal, organizational and professional framework to make budgeting and budget implementation in the Nigerian Public Sector robust and effective. Therefore, the paper strongly recommend professionalism …
Banking Structure Redesigned, Vijaya Krushna Varma Mr
Banking Structure Redesigned, Vijaya Krushna Varma Mr
VIJAYA KRUSHNA VARMA Mr
Banking structure is redesigned to make India a fully digital nation and to usher in 100% E-governance.
Portable Bank Account, Vijaya Krushna Varma Mr
Portable Bank Account, Vijaya Krushna Varma Mr
VIJAYA KRUSHNA VARMA Mr
Varma suggests radical bank reforms to usher in fully liberalized and transparent economic system. The time has come to radically reform banking sector to the ultimate level where there will be no NPAs, unemployment, black money, fake currency, economic recession and corruption. The government should liberalise the banking sector to establish a bank branch at every village or colony having population of 2500 so that each bank shall handle approximately 2000 accounts. The main objectives of fully liberalised banking sector are as follows* To give every citizen above the age of 15 years a portable bank savings account with permanent …
Tax, Vijaya Krushna Varma Mr
Tax, Vijaya Krushna Varma Mr
VIJAYA KRUSHNA VARMA Mr
All Direct and Indirect taxes accompanied by tax laws, accounting, auditing and tax returns, can be abolished if a new tax system called “TOP Tax system” is adopted and implemented by all nations. Ultimate economic reforms will relieve 7 billion people of the world from the cobweb of ambiguous and complex tax structures, plethora of tax laws, mandatory and cumbersome accounting, auditing, tax returns and consequent quagmire of all tax related cases. http://taxationreforms.com
Liberalize Banking Sector, Vijaya Krushna Varma Mr
Liberalize Banking Sector, Vijaya Krushna Varma Mr
VIJAYA KRUSHNA VARMA Mr
Liberalize the banking sector to establish a bank branch at every village or colony having population of 2500 so that each bank shall handle approximately 2000 accounts. To give every citizen above the age of 15 years a bank savings account * To make India a fully digital nation and to usher in 100% e-governance. * To expand Banking to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level.