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  3. The Importance Of Accounting On Organization’s Effectivesness

The Importance Of Accounting On Organization’s Effectivesness

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INTRODUCTION
1.0 BACKGROUND OF THE STUDY
Universally, it is well known fact that the management and control of public fund determine the success of all governmental activities and it is also at the heart of government administration hence the need for an acceptable accounting system that will comprehensively after solution to the accounting problem of the government and society.
The management and control of public fund are governed by the finance (control and management) act of 1988. this was as a result of the constitutional amendment of 1957 which in settee  subsection 154A to E into section 154 which deals with the operation of the consolidated revenues fund. The principles of this act forms the base of finance act which had s slight change in the 1976 and 1989 constitution. Furthermore government accounting is regulated by section 129, 148 of the constitution laws enacted by government. In power, the fiancé (control and management act of 1958 and by decrees and acts which were promulgated into laws.
The federal ministry of finance performs the duty of management and control of public fund, which is directly the peculiar responsibility of the treasury now referred to as the office of the Accountant General. The treasury functions and duties are streamlined to asset of guide where expenditure and receipts for the year hence, no receipt or expenditure are transferred to the next accounting period.
The rules and regulation governing the accounting practices (management and control public funds) are contained in the financial regulation treasury accounting manual and treasury circulars 
According to this financial regulation (FR 519) the provision stated that “Before making any payment at sub accounting office will satisfy immensely so far as he is in a position to do so that
a. The expenditure has been authorized by warrant and the voucher correctly classified in accordance with the estimates.
b. The information furnished on the voucher is correct in all particulars, the certificates on the voucher signed by the proper officer
c. All proper deductions from salaries or pension accounting of contribution repayment of advances or other liabilities have been duly made.
These basic functions are services rendered by the treasury.

TABLE OF CONTENT
Title page
Certification
Dedication
Acknowledgement
Table of content

CHAPTER ONE
1.0 Background of study
1.1 Statement of problems
1.2 Objective of study
1.3 Scope of study
1.4 Limitation of study
1.5 Definition of terms

CHAPTER TWO
2.0 Literature Review
2.1 Nature of Government accounting
2.2 Procedure for government accounting
2.3 Financial control
2.4 Control technique
2.5 Treasury control
2.6 Expenditure control 
2.7 Expenditure control
2.8 Department control
2.9 Summary of related review literature

CHAPTER THREE
3.0 Summary
3.1 Findings
3.2 Recommendations
Reference 

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