Internal Control System: a Necessity to the Survival and Growth of Public Organization

ByZack

Internal Control System a Necessity to the Survival and Growth of Public Organization

Internal Control System a Necessity to the Survival and Growth of Public Organization

 

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Table Of Contents
1 Chapter One of Internal Control System a Necessity to the Survival and Growth of Public Organization
2 BACKGROUND OF STUDY
3 Disclaimer

Chapter One of Internal Control System a Necessity to the Survival and Growth of Public Organization

INTRODUCTION

BACKGROUND OF STUDY

According to Oxford Learners Dictionary, Organization can be said to be a group of people who form a business, club etc. together in order to achieve a particular aim. It can also mean two or more people getting together for a purpose. In getting together, they decide to interact with one another to achieve the objectives of the organization (Unamka & Ewurum, 1995:1)
When we discuss organization, we have variclasses among which are service organization and social organization etc. All these organizations have in mind the aim of continuing if not for eternity, a given period of time. (Unamka & Ewurum, 1995 1, 2, 3)
For an organization to carry on its business there must be some factors put in place for the smooth running of the organization management, man-power, materials, money and machines. These need to be well coordinated in order for the success of the organization to be achieved. They are used by a group of persons known as management; neither can management exist without organization- the two are inseparable twin. (Unamka &Ewurum, 1995:65).

 

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