TITLE PAGE SOCIRCES AND APPLICATION OF FUNDS IN A GOVERNMENT PARASTATAL. (A CASE STUDY) INSTITUTE OF MANAGEMENT AND TECHNOLOGY IMT ENUGU.

;1.0INTRODUCTION  1.1BACKGROUND OF THE STUDY    Organization both profit and non- profit oriented need funds (financial assets) for their numerous operations. That is why all organizations irrespective of their legal forms, device a means their day- to –day operations. The funds sourced are not normally kept idle by the organization rather they are either being re invested to generate future profit or consumed immediately to achieve the origination day to day goals hence the word “ source and application of funds” in accounting profession  Source and application of funds simply means the various avenues available to an organization thought which it source it’s financial assets and all  the outlet through which the sourced financial assets leaves the coffers of the organization In recent past, government pareastalal which institute of management and technology is one, depended revenue grants in forms of subvention for few existence and growth, in this era of privatization, the government has decided to shade off it’s financial responsibilities in almost government paratatal so as to concentrate in it’s constitutional role of providing enabling environment for economic activities to thrive. This scenario has left many government paratatal in total financial drought  For instance, the immediate lost years in the which institute of management and technology has been a hectic one as financial starvation meted to it by the government has left the which  institute with the following identifiably problems;- 1) Constant face off between management and trade union in respect regular payment of salaries 11) Lack of promotion to staff that are due to be promoted 111)inability to maintain their fixed assets such as  a) Building b) Motor vehicle  c) Furniture and fittings  1V)inability to settle their other numerous over heard costs V) Absence of non structures to replace the dilapidated once etc The colossal nature of these problems enumerated above made the institute of management and technology IMT various avenue of source for the following  I) Creation of non–existing charges such as accreditation fees, development fees and upward review of other existing charges;   ii) Carrying out aggressive campaign to increase the number of students intake by reaching out to all seventeen local government in the state and beyond iii) Scaling down the work force iv) Denial of promotion to staff those are due to be promoted  those member yielded a  positive result as a report is issued by admission department shows that nearly  over 20,000 student were admitted in this academic year and the management can now pay their monthly salary bills of over 39 million naira and other overhead cost. But the sustainability of the current trend is fillgloomy as the funds sourced from these measures would be applied in solving short term problem which is mainly revenue in nature. While capital projects would be unattended to based on this it has become of paramount importance that a re appraised of all sourced of fund available to IMT and how the fund sourced would be applied be made to funds for it’s capital and revenue expenditure.  Hence my choice of this topic source and application of funds I a government parastatal” A case study of institute of management and technology IMT Enugu. Those research is concern with exposing the source and application of funds.
TABLE OF CONTENT TI TLE PAGE CERTIFICATIONDEDICATIONACKNODELDEMENT PROPOSALTABLE OF CONTENT 
CHAPTER ONE;0.1INTRODUCTION 1.1BACKGROUND OF THE STUDY 1.2STATEMENT OF PROBLEM 1.3PURPOSE OF THE STUDY 1.4SLOPE OF THE STUDY 1.5RESEARCH QUESTIONS1.6RESEARCH HYPOTHESIS1.7SIGINFICANCE OF THE STUDY 1.8DEFFINTION OF TERMSREFERENCEE
CHAPTER TWO:2.0IVTERATURE REVIEW2.1INSTORICAL BANKGROUND OF IMT2.3PHILOSOPHY AND MANPOWER PRODUCTION STRUCTURE OF THE INSTITUTE OF MANAGEMENT AND TECHNOLOGY2.4THE ACCOUNTING SYSTEM IN USE IN A GOVERNMENT PARASTATAL2.5RESOURCE CONTROL AND DECISION MAKING2.6INTERNAL CONTROL MECH ANLSMS IN GOVERNMENT PARASTATAL.2.7ORGANIZATIONAL STRCTUREOF IMT2.8THE VARIROUS FUND AVAILABLETO IMT ENUGU 2.9REFERENCE
CHAPTER THREE;3.0RESEARCH METHODOLOGY3.1RESEARCH DESIGN 3.2SOUURCES OF DATA 3.21PRIMARY SOURCES3.22SECONDARY SOURCES3.3DETERMINATION OF SAMPLE SIZES
CHAPTER FOUR;4.0REPSENTATION AND ANALYSIS OF DATA4.1QESTION ONE4.2QESTION TWO4.3QESTION THREE 4.4QESTION FOUR4.5QESTION FIVE4.6QESTION SIX4.7QESTION SEVEN4.8QESTION EIGHT4.9QESTION NINE4.10QESTION TENREFERENCE
CHAPTER FIVE ;5.1DISCUSSION OF RESULTS5.2CONCLUSION5.3RECOMMENDATATIONS5.4SUGGESTIONS FOR FUTHER STUDY 5.5LIMITATIONS OF THE STUDY REFERENCEBIBLOGRAPHY