Financial Management and Reporting System of Trade Unions of Tertiary Institutions in Nasarawa State
Publication Date: 28/11/2018
Author(s): Sylvester Umbugadu Aku, Affiru Anyuabuga Stephen, Mrs. Chritiana L.I. Tanze.
Volume/Issue: Volume 1 , Issue 1 (2018)
Abstract:
Financial management and reporting form the basis by which the performance of any organization is assessed with the trade unions inclusive. This paper takes a look at the financial management and reporting of trade unions of tertiary institutions in Nasarawa State. The paper focused on how financial records are prepared, presented and how finances are managed by the leaders of such unions. Primary data collected through questionnaire were used. It was discovered that the trade unions financial reports contribute to the growth and development of union members’ demands. The paper suggests that Trade unions have to be prudent and exhibit cost effectiveness in dealing with their members’ funds.
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