Risk and uncertainties are factors which a bank must face so long as it remain a going concern.
This to avoid the effect of such risk and uncertainties management and other potential banks are achieved to adopt the challenges  financial control in banking industry.
The challenges of financial control in banking industry will expose the position of the banking in terms of performance and efficiency of operations.
        The show whether the management are efficient or inefficient utilization of resources such as capital. This project work is aimed at high lighting the challenges of financial control in banking industry.
Chapter one (The introduction) will explain the meaning of financial control, it will go four there to explain statement of problem, statement of hypothesis purpose of the study, its significance of the study scope of study,  limitation as well as definition of terms with respect of financial control.
Chapter two deal with the literature review.
Then the explanation of selected financial control will also be shown.
Coming to chapter three which talks research methodology, source of data, primary data,  secondary data, method of data analysis.
The four will show the data presentation analysis and interpretation.
        Finally, chapter five, summary to be made will be stated followed by conclusion and recommendation to ensure effective and efficient use of financial control. The conclusions will inform reader that the challenges or benefit of financial control in banking industry.
This project work is aimed at highlighting the financial control in banking industry as a tool of evaluating the performance of union bank Nigerian Plc for investment decisions.
The chapter one is the introduction will also explain the meaning of financial control it explain statement of problems and purpose of the study and its significance objectives of the study as well as the definition of terms with respects of financial control.
Chapter two deals with the literature review then the explanation of selected financial control.
Coming to chapter three which discuss about research methodology, the design describe here.  Then the techniques for collection of data will include the questionnaire, personal interview and secondary source.  The data analytical tools to be used as percentages size analysis and chi-square.
Then chapter four will show the collection of data and the analysis of the data collected.  Lastly in chapter five, Summary, findings to be made will be stated followed by conclusion and recommendations to ensure effective and efficient   use of financial control by the users for investment decision. The conclusion will also inform the readers or users that the challenges control or benefits  financial control in evaluating the performance of companies for investment decision cement be over emphasized and that if neglected the share holders or investors will not know their position or gate of their respective companies.
CHAPTER ONE          
1.0      Introduction
1.1   Statement of problems
1.2      Purpose of the study
1.3      Statement of hypothesis
1.4      Significance of study
1.5      Scope of the study
1.6      Limitations of the study
1.7      Definition of terms.
2.0      Review of related literature
2.1   Nature of control financial literature
2.2      Types of financial control
2.3      Internal and External control
2.4      Limitation of financial control
2.5      Evaluation of financial  control
2.6      UBN PLC loan advance interest rate
2.7      UBN PLC corporate objectives and credit Policy
2.8      UBN PLC treasury management with credit policy for industrial account.
3.0      Research methodology
3.1   Research Design
3.2      Instrument for data Collection
3.3      Area f Study
3.4      Population of the study
3.5      Method of data Analysis
3.6      Validation of the instrument
3.7      Reliability of the Instrument
3.8      Data Presentation
3.9      Method of data Collection
4.0      Introduction
4.1      Analysis and data Interpretation of data
4.2      Data presentation and Analysis
4.3      Analysis of financial control
4.4      Analysis of Question Response
4.5      Findings of the study /Discussions of the findings
5.0   Summary, Conclusion and Recommendations
5.1      Summary of the Procedures used in the study
5.2      Summary of the findings
5.3      Conclusion
5.4      Recommendation/Suggestion
5.5      Suggestions for further Research
5.6      Bibliography
5.7      Appendix
It is impressive to state that success or failure of any industry (most especially the banking industry) depends on how well the finance is controlled. Some banks have liquidated due to ineffective financial control.
        Financial control thus be defined as the process which assumes that financial resources are obtained economically on used efficiently and effectively in the accomplishment of desired goals.   It will be found that there control parameter or benchmarks, which becomes the standard against which subsequent actions are compared are themselves the product of financial planing decisions.  However, since financial control is an assurance process, it includes the process of decision making.  If the assertion is accepted that management consist of decision and actions financial control becomes a part of the process f making financial decision but not the decision themselves.
It covers the entire process of monitoring actions emanating form the decision seen as an integral part of financial management, it also forms part of planning, budgeting, accounting, reporting and reviews.
A financial control system has some principal characteristic.
a.           Its focus is on the financial objectives (as giver)
b.          It compares two typed of data planned or predetermine data and actual data.
c.           It permeates all aspects of financial management functions.
d.          It is concerned with those resource revenue and expenditure which can be express in monetary term or can be combined with other quantitative data to express same e.g personal, materials procurement etc.
e.           It follows a definite cycle that ie rhythmic as in the budget cycle, accounting cycle, auditing cycle etc.
f.            To be effective it needs to be co-ordinated and integrated.
In this project work the researcher shall enumerate some of the financial tools those employed by the banking industry and their effectiveness.
However, financial system refers to a set of rules and regulations and the aggregation of the financial arrangement, institutions and agents that interact with other and the rest of the world to foster economic growth and development of a nation, it does this by providing a medium of a nation, it does this by providing a medium of exchange which promotes specialization, mobilization of saving from the surplus unit and channeling them into deficit unit of the  economy for productive investment which would enhances the productive capacity and overall output and employment.
An efficient and a highly developed financial system is essential to a healthy economy.  It is primary role is the distribution of capital in the economy e.g the personal saving of an individual placed in a bank, can be loaned to  another individual to buy a house or a business form to build a plant thus our can see that the activity if the financial affects every citizen within the economy.
There has been an increase in the rate of collapse in the financial institutions most especially the banking industry.  These are likely due to a lack of financial control.
        This has however geared the researcher to look in questions stated below.
a.           What financial control measures were adopted by financial  institutions and there adequacy (s)?
b.           How effective is the financial control system?
c.           What are the limitations of effective financial control system ?
The main purpose of this research work is to meet the requirement of the award of higher national diploma (HND).
Also since it is know that finance (money) is the life blood of any country, the researcher has taken a keen interest to look into the measures/tools used by the financial controller to evaluate the control of finance in financial institutions (Banking industry as a case study).
More so to determine whether these control measures are effectively employed.  This help a lot to know the casuals of failure in the banking industry in one country.
There are statement of relationship between variables that are related to problems which the researcher wishes to investigate. They are as follows.
Ho 1. Tat proper financial control in banking industry has
      prevents the failure and liquidation of banking industry.
Hi  That lack of proper financial control in baking industry
      has prevent the failure and liquidation of banking
H0 2. That proper financial control in banking industry
      encourages financial institutions to give out more loans
      to banking industry.
Since finance is the “Life wire” of every  industry of which if not properly managed will make an industry to collapse, there no doubt that the significance or important of its study cannot be over emphasized.
The study is significance in the sense that it will bring to line light the effective financial control measures which the baking industry should adopt inorder to curb the ill befalling it and thereby achieving great success.
Another significant of the study is that it is a good vehicle for rapplied learning for student.
There are lots of financial control measures used in the banking industry but this research work shall be restricted to financial statements, ration analysis and financial budgets.  There tools are used to evaluate an industry's  performance in dimension that are crucial to its health and survival.
The research interested covering several banks in different parts of the country but due to some constrains which shall be discussed later, the research has been limited to union bank PLC.
The finding from the case study shall be used to represent the situation in the banking industry in Nigerian.
In other to acid proper understanding, some terminologist  are defined below.
a.           C. O. T:  Commission on turnover.
b.          C. B. N:  Central Bank of Nigeria
c.           NDIC:     Nigeria deposit insurance co-operation
d.          JAMB:    Joint Admission and Matriculation Board
e.           ZBA:         Zero Balancing Account, which allows the  
 writing of cheques against individual
operating account containing no funds.
f.            Internal check:  This is known ad the basic principles of internal control.
g.           Crush tellers:  There are control copies of bank tellers
h.          Floats:  This is the money in the process of being collected.
i.            Disbursement float:  This is the money pond by a four to its employees, suppliers, creditors etc.
j.            Collection float; This is money being recovered by a firm from its customers.
k.          Wire transfer;  Transfer of money in an account from one branch through the use of computer.
l.            Depository transfer cheque: There are cheque without signature which one payable only to account in the  firm’s concentration bank.
m.        Concentration bank:  It is a major bank to a firm where all the excess money of the firm are transferred into.


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