ABSTRACT
The research study examining the importance of taxation and problem associated with its collection in Nigeria (A case study of Nnewi North Local Government Area). The value quality and effect of taxation in the Nation cannot be over emphasized because it is a satisfying collection wants (e.g basic services which cannot e provided) by individuals and for government policies. The research is the process of collecting relevant information distributed questionnaire as its primary sources of information and the researcher also use textbooks as secondary source of data for study. There is also the rise tables and percentages used to analyzed the data collected. The research revealed that the problem of tax collection was due to some factors like high rate of illiteracy, dishonesty among the payers and attendant high cost of tax collection.
Moreover, those companies that pay tax are not usually honest about their profit because there is no high rate of the incentive. However, based on the findings the researcher made some recommendations.
TABLE OF CONTENTS
Title page ii
Approve page iii
Dedication iv
Acknowledgement v
Abstract vii
Proposal page ix
Table of content xi
CHAPTER ONE
1.1 Introduction/Background of Study 1
1.2 Statement of Problem 3
1.3 Purpose of Study 5
1.4 Significance of Study 6
1.5 Scope and Limitation of Study 7
1.6 Research Question 8
CHAPTER TWO
2.0 Literature Review 9
2.1 Who is an Accountant? 9
2.2 Accounting Defined 9
2.3 Books-Keeping and Account Differentiated 12
2.4 Government Accounting Defined 13
2.5 Objective of Accounting in the Public Sector 14
2.6 Legal Basis 17
2.7 The Nature of Nigerian Public Sector Accounting 19
2.8 The Scope of Public Sector Accounting 22
2.9 Government and Commercial Accounting
Compared 26
2.10 Some Identified Problem of the Nigeria
Public Sector Accounting 29
CHAPTER THREE
3.0 Research Methodology 35
3.1 Study/ Research Design 35
3.2 Population of Study 35
3.3 Sample Size 36
3.4 Method of Date Collection 36
CHAPTER FOUR
4.1 Data analysis 40
4.2 Data presentation 41
4.3 Interpretation of Demographic characteristics 42
4.4 Assessment of the Accounting System of the Public Sector 43
4.5 Testing of Research Question 44
4.6 Major Findings 61
CHAPTER FIVE
5.0 Summary, Recommendation and Conclusion
6.0 5.1Summary
5.2 Conclusion
5.3 Recommendation Suggestion for Area of Further Research Bibliography 68
Appendix
The research study examining the importance of taxation and problem associated with its collection in Nigeria (A case study of Nnewi North Local Government Area). The value quality and effect of taxation in the Nation cannot be over emphasized because it is a satisfying collection wants (e.g basic services which cannot e provided) by individuals and for government policies. The research is the process of collecting relevant information distributed questionnaire as its primary sources of information and the researcher also use textbooks as secondary source of data for study. There is also the rise tables and percentages used to analyzed the data collected. The research revealed that the problem of tax collection was due to some factors like high rate of illiteracy, dishonesty among the payers and attendant high cost of tax collection.
Moreover, those companies that pay tax are not usually honest about their profit because there is no high rate of the incentive. However, based on the findings the researcher made some recommendations.
TABLE OF CONTENTS
Title page ii
Approve page iii
Dedication iv
Acknowledgement v
Abstract vii
Proposal page ix
Table of content xi
CHAPTER ONE
1.1 Introduction/Background of Study 1
1.2 Statement of Problem 3
1.3 Purpose of Study 5
1.4 Significance of Study 6
1.5 Scope and Limitation of Study 7
1.6 Research Question 8
CHAPTER TWO
2.0 Literature Review 9
2.1 Who is an Accountant? 9
2.2 Accounting Defined 9
2.3 Books-Keeping and Account Differentiated 12
2.4 Government Accounting Defined 13
2.5 Objective of Accounting in the Public Sector 14
2.6 Legal Basis 17
2.7 The Nature of Nigerian Public Sector Accounting 19
2.8 The Scope of Public Sector Accounting 22
2.9 Government and Commercial Accounting
Compared 26
2.10 Some Identified Problem of the Nigeria
Public Sector Accounting 29
CHAPTER THREE
3.0 Research Methodology 35
3.1 Study/ Research Design 35
3.2 Population of Study 35
3.3 Sample Size 36
3.4 Method of Date Collection 36
CHAPTER FOUR
4.1 Data analysis 40
4.2 Data presentation 41
4.3 Interpretation of Demographic characteristics 42
4.4 Assessment of the Accounting System of the Public Sector 43
4.5 Testing of Research Question 44
4.6 Major Findings 61
CHAPTER FIVE
5.0 Summary, Recommendation and Conclusion
6.0 5.1Summary
5.2 Conclusion
5.3 Recommendation Suggestion for Area of Further Research Bibliography 68
Appendix