ABSTRACT
This study examines the accounting systems of the public and private sectors with special references to Michael Okpara University of Agriculture Umumdike Abia state and Marlum Nigeria Ltd., Emene Enugu. Adequate care has been taken to make a comparative analysis of the two accounting systems.
The systems aims at establishing and maintaining accurate and reliable accounting data, information and records, promotes operational efficiency and effectiveness and adhere to prescribed government accounting principles are methods.
The researcher therefore examines the types and sources of funds for the two establishments, systems of recording and controlling experiments including external auditing are internal control systems. The accounting procedures in the private establishments are to some extent different from that of the public establishments. Therefore, the accounting procedures wile that of Marlum Nig. Ltd. Is not.
Adequate preparations were made before this research was carried out. The data used in the analysis were collected through arestonaries, interviews and from relevant texts. In analysis the data presents n tabular forms, the researcher carefully compares are the relevant issues pertaining to the accounting systems in the two establishments.
From this comparative analysis some findings were made. For instance, t was discovered that where MOAU is self accounting, Marlum Nigeria ltd. Is not. Also MoAU sources its funds from the festival government but Marlum Nig. Ltd obtain hers from the clients who awards contracts to them. Both establishment maintain simwar book of account, instead internally controlled accounting systems and use external auditors to verify the accuracy and reliability or otherwise of their records.
The research work ends with conclusions drawn from the research findings and recommendations made for he establishments authorities on how to improve on the efficiency of their accounting systems.
TABLE OF CONTENTS
COVER PAGE
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGMENT
ABSTRACT
TABLE CONTENTS
CHAPTER ONE: INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 HYPOTHEISE/RESEARCH QUESTIONS
1.5 SIGNIFICANCE OF THE STUDY
1.6 LIMITATION OF THE STUDY
1.7 DEFINITION OF THE STUDY
REFERENCE
CHAPTER TWO: LITERATURE REVIEW
2.1 CONCEPT PF ACCOUNTING
2.2 HISTORICAL DEVELOPMENT OF ACCOUNTING IN NIGERIA
2.3 INCOME AND EXPENDITURE RECORDING
2.4 THE NATURE OF ACCOUNTING SYSTEM
2.5 ACCOUNTING SYSTEM
2.6 IMPORTANCE IF MAINTAINING ADEQUATE ACCOUNTING
2.7 TYPES OF ACCOUNTING SYSTEMS
2.8 INTERNAL CONTROL AND ACCOUNTING SYSTEM
2.9 INTERNAL AUDITING
REFERENCES
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 SOURCES OF DATA
3.2 PRIMARY SOURCES
3.3 PERSONAL INTERVIEW
3.4 OBSERVATION
3.5 SECONDARY SOURCES
3.6 POPULATION
3.7 DATA ANALYSIS
3.8 LIMITATIONS OF THE METHODOLOGY
CHAPTER FOUR: DATE PRESENTATION AND ANALYSIS
4.1 DIFFERENCE BETWEEN SECTOR ARE PRIVATE SECTOR ACCOUNTING
4.2 ACCOUNTING SYSTEM OF MARLUM NIG. LTD. EMENE ENUGU
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
5.1 SUMMARY OF FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATION
APPENDIX
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). The Comparative Analysis Of The Accounting System Of The Private And Public Organizations. A Case Study Of Marlum Nigeria Ltd, Emene And Michael Okpara University Of Agriculture, Umudike Abia State... ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/4183/the-comparative-analysis-of-the-accounting-system-of-the-private-and-public-organizations-a-case-study-of-marlum-nigeria-ltd-emene-and-michael-okpara-university-of-agriculture-umudike-abia-state-9111
"The Comparative Analysis Of The Accounting System Of The Private And Public Organizations. A Case Study Of Marlum Nigeria Ltd, Emene And Michael Okpara University Of Agriculture, Umudike Abia State.." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/4183/the-comparative-analysis-of-the-accounting-system-of-the-private-and-public-organizations-a-case-study-of-marlum-nigeria-ltd-emene-and-michael-okpara-university-of-agriculture-umudike-abia-state-9111>.
"The Comparative Analysis Of The Accounting System Of The Private And Public Organizations. A Case Study Of Marlum Nigeria Ltd, Emene And Michael Okpara University Of Agriculture, Umudike Abia State..." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/4183/the-comparative-analysis-of-the-accounting-system-of-the-private-and-public-organizations-a-case-study-of-marlum-nigeria-ltd-emene-and-michael-okpara-university-of-agriculture-umudike-abia-state-9111>.
"The Comparative Analysis Of The Accounting System Of The Private And Public Organizations. A Case Study Of Marlum Nigeria Ltd, Emene And Michael Okpara University Of Agriculture, Umudike Abia State..." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/4183/the-comparative-analysis-of-the-accounting-system-of-the-private-and-public-organizations-a-case-study-of-marlum-nigeria-ltd-emene-and-michael-okpara-university-of-agriculture-umudike-abia-state-9111.
- Related Works
- The Impact Of Bank Failure In Nigeria Economy A Case Study Of Savannah Bank Of Nigeria Plc
- The Role Of Auditors In Prevention Of Fraud In Banking Industry Or Banks
- An Assessment Of The Impact Of Internal Audit Function In State Ministries (a Case Study Of Enugu State Ministries Of Educaiton)
- The Role Of Community Bank In Rural Development Of Nigeria
- An Evaluation Of The Relationship Between Selected Key Performance Indicators On Shareprice Movement (a Case Study Of Four Banks Operating In The Nigerian Banking Industry)
- The Role Of The Public Accountant In The Formation, Acquisition And Liquidation Of Companies
- Utilization Of Accounting Professional Skills In Small Scale Firms
- The Role Of An Accountant In The Poverty Alleviation Programme Of The Federal Government (a Case Study Of Enugu North Local Government Area).
- Funding Of Federal Parastatlas (a Case Study Of Fedreal Radio Coperation Of Nigeria In Enugu State
- The Role Of Accounting In National Development