Home » Accounting » A COMPARATIVE STUDY OF EXPENDITURE CONTROLS METHODS IN GOVERNMENT OWNERS AND PRI...
A COMPARATIVE STUDY OF EXPENDITURE CONTROLS METHODS IN GOVERNMENT OWNERS AND PRIVATELY OWNED HOSPITAL
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 58 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,750 times
Delivery: Within 24 hoursA COMPARATIVE STUDY OF EXPENDITURE CONTROLS METHODS IN GOVERNMENT OWNERS AND PRIVATELY OWNED HOSPITAL
CHAPTER ONE
1.0 INTRODUCTION
Introduction organisation with exception of every minute and unorganized ones, there is a process known as expenditure control or cost control which is a part of management control process.
This process is very important to any organisation be it a profit maximizing organisation or non profit maximizing organisation. Thus is because lack of this practice in any organisation will cause misapplication of cash in cash disbursement process and this will create a very big problem leading the organisation into deficit and at an extreme case the organisation might fold up
(ie liquidation) Many research have bee conducted in the reason for folding up of companies and organisation in which lack of expenditure control process had been found responsible.
Expenditure control has been defined as the process by which managers utilizes effectively and efficiently the scarce resources in the achievement of organisational goal. At this juncture let us look at expenditure and control from a separate perspective.
Expenditure: It is the total amount spent on the process of trying to achieve a particular goal. This amount spent might be regained if the goal is not achieved.
Control: Is the fact of making things world in a way the is required. It is also the used by either government of official organisation to make restrictions on wages increases, immigrate credit and so on (which are all expenditure)
As regards to this project topic which is a comparative study of expenditure control methods in governments ownes and privately owned hospitals. A case study of university of Nigerian Teaching Hospital, Enugu. (UNTH) and Toronto hospital and Maternity Onitsha.
This implying a comparative study of non-profit-making organisations, since UNTH is government owned hospital while Toronto is privately owned hospital as a category is of non profit making organisation are characterized by the following:
a. There is neither a conscious profit motive nor an expectation of earning net income.
b. No part any excess of revenues over expenditure is distributed to those who contributed support through taxes and voluntary donations.
c. Any excess of revenue over expenditure that results form operations in the short run is ordinarily used on later years to further the purpose of the organisation.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE IMPACT OF FINANCIAL LITERACY ON THE PERFORMANCE OF SMALL SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Small scale enterprises' (SSEs) contribution to the national economy should not be undervalued...More »
Item Type: Project Material | 54 pages | 923 engagements |
- 2.
THE EFFECT OF GOOD RECORD MANAGEMENT IN ORGANIZATIONAL PERFORMANCE IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Since time immemorial, information has been considered an essential resource for all types of orga...More »
Item Type: Project Material | 54 pages | 452 engagements |
- 3.
A STUDY ON THE IMPLICATIONS OF ETHICS IN FINANCIAL REPORTING ON MONEY DEPOSIT BANKS IN LAGOS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The idea that an entity's financial statements are subject to a set of rules dictated by estab...More »
Item Type: Project Material | 54 pages | 513 engagements |
- 4.
AN APPRAISAL OF GLOBAL HEALTH INITIATIVE IN RESPONSE TO PREVENTION TO PANDEMIC DISEASE IN NORTH WEST...
CHAPTER ONE INTRODUCTION Background of the study The Global Health Initiative (GHI) aims to enhance the effectiveness and influence of all U.S. for...More »
Item Type: Assignment | 54 pages | 859 engagements |
- 5.
THE ROLE OF FINANCIAL ANALYSIS IN MANAGEMENT CONTROL
THE ROLE OF FINANCIAL ANALYSIS IN MANAGEMENT CONTROL CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Financial analysis is the process of revi...More »
Item Type: Project Material | 60 pages | 0 engagements |
- 6.
THE ROLE OF AUDITORS IN A DEPRESSED ECONOMY (A CASE STUDY OF SELECTED BANKS)
THE ROLE OF AUDITORS IN A DEPRESSED ECONOMY (A CASE STUDY OF SELECTED BANKS) CHAPTER ONE 1.0 INTRODUCTION In the 60’s especially before the civil wa...More »
Item Type: Project Material | 53 pages | 2,412 engagements |