Browsing by Author "Asamoah, Samuel"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Assessment of financial control system in Nifa Senior High School in North Akuapem Municipality in the Eastern Region Of Ghana
    (2016-10-05) Asamoah, Samuel
    Report has shown that there have been persistent financial malfeasances in most second circle schools in Ghana in recent times due to absent of proper financial control system and non compliance with financial rules and regulations. Organizations use financial tools like, cash flows, income statements, budget and other financial instruments to undertake financial controls in the form of using policies and procedures established by institutions for managing, documenting and reporting on financial activities. The research was conducted to investigate the financial control system in Nifa Senior High School in Akuapem North Municipality. Actually, it assesses the sources of funds, challenges, effectiveness of financial controls and strategies to improve the control system. Information was gathered, using questionnaires to collect data, from a sample of 1 Headmaster, 3 Assistant Headmasters, 8 Bursar and Account Clerks, 35 Teaching Staff and 40 Student leaders. Four set of questionnaires were designed to determine financial control system in the School, Data obtained from the research instrument was then statistically analyzed and presented in tables, graphs and percentages. The researcher used descriptive statistics to study in detail the financial control system in Nifa Senior High School since the study is exploratory in nature. The study revealed two sources of funds for the schools, from government budgetary allocations and internally generated funds. The school funds are mostly spent on administrative activities and other important items. The students pay their school fees through bank draft and postal order while a few students are allowed to pay cash. The staff of account section should be urged to attend conferences, seminars and workshops regularly to upgrade their knowledge and skills. It is recommended that the school should establish its own audit committee to check the spending rate of the school in order to make sure that the school spends within the budgeted estimates.
  • Thumbnail Image
    Item
    Formulation of mathematical model for a sustainable supply of potable water in the Kumasi Metropolis
    (2001) Asamoah, Samuel
    This work was done with the objective of using optimization technique to determine minimum operational Cost. The problem formulated work at ten operational cost items and five operational cost sectors. The problem is formulated as a minimum operational cost problem and it is solved using the computer model for management science (CMMS). The optimal solution obtained identifies that Ghana water company, Kumasi is being operated at high cost. This work sets the stage and basis for future work with the aim of sustaining potable water for Kumasi Metropolis. It could be concluded that if the problem formulated is looked at and followed, a mini num operational cost is assured to meet the attempt to sustain potable water for Kumasi Metropolis