ABSTRACT
There has been a persisting challenges of accountability and transparency in local government councils in Nigeria. The objective of this study has been to ascertain whether accountability and transparency has put to check the circumvention of due process in financial and non-financial activities of the Local government council in Nigeria. A survey research design was adopted for the study, 55 Adminstrative management and 30 internal auditing totaling 85 was randomly sampled and stratified among members of staffs in local government out of 108 population sample. Three research questions and hypothesis testeed at 0.05 percent levelof significance guided to study. Frequencies, percentages, Means and standard derviation were employeed to answer the research question while Z-test statistics were used to test the hypotheses. It was discovered that the process of accountability and transparency has affected the official and non-official financial behavourial attitudess of council staffs in Nigeria. It was recommended that there should be adequate senstisation through, workshops seminars and lectrures on the need for accountability and transparency in the government System.
TABLE OF CONTENT
Approval Page ------------------------------------------------------------------------- i
Certification ---------------------------------------------------------------------------- ii
Dedication ------------------------------------------------------------------------------ iii
Acknowledgement --------------------------------------------------------------------- iv
Abstract --------------------------------------------------------------------------------- v
Table of content------------------------------------------------------------------------ vi
List of Tables--------------------------------------------------------------------------- vii
There has been a persisting challenges of accountability and transparency in local government councils in Nigeria. The objective of this study has been to ascertain whether accountability and transparency has put to check the circumvention of due process in financial and non-financial activities of the Local government council in Nigeria. A survey research design was adopted for the study, 55 Adminstrative management and 30 internal auditing totaling 85 was randomly sampled and stratified among members of staffs in local government out of 108 population sample. Three research questions and hypothesis testeed at 0.05 percent levelof significance guided to study. Frequencies, percentages, Means and standard derviation were employeed to answer the research question while Z-test statistics were used to test the hypotheses. It was discovered that the process of accountability and transparency has affected the official and non-official financial behavourial attitudess of council staffs in Nigeria. It was recommended that there should be adequate senstisation through, workshops seminars and lectrures on the need for accountability and transparency in the government System.
TABLE OF CONTENT
Approval Page ------------------------------------------------------------------------- i
Certification ---------------------------------------------------------------------------- ii
Dedication ------------------------------------------------------------------------------ iii
Acknowledgement --------------------------------------------------------------------- iv
Abstract --------------------------------------------------------------------------------- v
Table of content------------------------------------------------------------------------ vi
List of Tables--------------------------------------------------------------------------- vii
Chapter one
Introduction
1.1 Background of the study. ----------------------------------------------------- 1
1.2 Statement of the problem. ---------------------------------------------------- 3
1.3 Research questions. ------------------------------------------------------------ 5
1.4 Objectives of the study. ------------------------------------------------------- 5
1.5 Research hypotheses. ---------------------------------------------------------- 6
1.6 Significance of the study. ----------------------------------------------------- 7
1.7 Scope of study. ----------------------------------------------------------------- 8
1.8 Limitations of the study. ------------------------------------------------------ 8
1.9 Definition of terms. ------------------------------------------------------------ 9
Introduction
1.1 Background of the study. ----------------------------------------------------- 1
1.2 Statement of the problem. ---------------------------------------------------- 3
1.3 Research questions. ------------------------------------------------------------ 5
1.4 Objectives of the study. ------------------------------------------------------- 5
1.5 Research hypotheses. ---------------------------------------------------------- 6
1.6 Significance of the study. ----------------------------------------------------- 7
1.7 Scope of study. ----------------------------------------------------------------- 8
1.8 Limitations of the study. ------------------------------------------------------ 8
1.9 Definition of terms. ------------------------------------------------------------ 9
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1.1 Financial management. -------------------------------------------------------- 15
2.1.2 Achieving accountability in financial management. ----------------------- 19
2.2 Structure/functions of a local government. --------------------- -------------- 24
2.2.1 Functions of a local governments. -------------------------------------------- 25
9
2.2.2 Financial administration profile of a local government. ------------------- 28
2.3 Auditing in the local government. ---------------------------------------------- 29
2.4 Budgeting in the local government. -------------------------------------------- 30
2.5 Financial memoranda. ------------------------------------------------------------ 31
2.6 Methods of local government account and the responsibilities. ------------ 31
2.7 Accounts kept by local government. ------------------------------------------- 33
2.8 Revenue collection machinery.-------------------------------------------------- 35
2.9 Problems of revenue collection in local government. ------------------------ 37
2.10 An overview of the major source of fund/revenue by local governments. 40
2.11 The external source of fund/revenue by local governments. --------------- 44
2.12 Overview of government accounting. ---------------------------------------- 45
2.13 Financial records. ---------------------------------------------------------------- 46
2.14 Functions of the head of service: the treasurer and legislative arm of local government. ----------------- 47
2.15 Control measures adopted by the local government council. -------------- 48
2.16 Measures for fighting corruption in local government. --------------------- 52
2.0 REVIEW OF RELATED LITERATURE
2.1.1 Financial management. -------------------------------------------------------- 15
2.1.2 Achieving accountability in financial management. ----------------------- 19
2.2 Structure/functions of a local government. --------------------- -------------- 24
2.2.1 Functions of a local governments. -------------------------------------------- 25
9
2.2.2 Financial administration profile of a local government. ------------------- 28
2.3 Auditing in the local government. ---------------------------------------------- 29
2.4 Budgeting in the local government. -------------------------------------------- 30
2.5 Financial memoranda. ------------------------------------------------------------ 31
2.6 Methods of local government account and the responsibilities. ------------ 31
2.7 Accounts kept by local government. ------------------------------------------- 33
2.8 Revenue collection machinery.-------------------------------------------------- 35
2.9 Problems of revenue collection in local government. ------------------------ 37
2.10 An overview of the major source of fund/revenue by local governments. 40
2.11 The external source of fund/revenue by local governments. --------------- 44
2.12 Overview of government accounting. ---------------------------------------- 45
2.13 Financial records. ---------------------------------------------------------------- 46
2.14 Functions of the head of service: the treasurer and legislative arm of local government. ----------------- 47
2.15 Control measures adopted by the local government council. -------------- 48
2.16 Measures for fighting corruption in local government. --------------------- 52
CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY
3.1 Research methodology. ---------------------------------------------------------- 55
3.2 Research design. ------------------------------------------------------------------ 55
3.3 Population of the study. ---------------------------------------------------------- 55
3.4 Sample design and techniques. -------------------------------------------------- 56
3.5 Source of data collection. -------------------------------------------------------- 56
3.5.1 Primary source of data. -------------------------------------------------------- 56
3.5.2 Secondary source of data. ----------------------------------------------------- 57
3.6 Instrument for data collection. -------------------------------------------------- 57
3.7 Validity and reliability of measuring instrument. ----------------------------- 57
3.8 Method of data analysis. --------------------------------------------------------- 60
3.0 RESEARCH DESIGN AND METHODOLOGY
3.1 Research methodology. ---------------------------------------------------------- 55
3.2 Research design. ------------------------------------------------------------------ 55
3.3 Population of the study. ---------------------------------------------------------- 55
3.4 Sample design and techniques. -------------------------------------------------- 56
3.5 Source of data collection. -------------------------------------------------------- 56
3.5.1 Primary source of data. -------------------------------------------------------- 56
3.5.2 Secondary source of data. ----------------------------------------------------- 57
3.6 Instrument for data collection. -------------------------------------------------- 57
3.7 Validity and reliability of measuring instrument. ----------------------------- 57
3.8 Method of data analysis. --------------------------------------------------------- 60
CHAPTER FOUR
4.0 DATA PRESENTATION AND ANALYSIS
4.1 Presentation and analysis of data. ----------------------------------------------- 62
4.2 Test of hypotheses. --------------------------------------------------------------- 76
4.2.1 Hypothesis one. ----------------------------------------------------------------- 76
4.2.2 Hypothesis two. ----------------------------------------------------------------- 81
4.2.3 Hypothesis three. --------------------------------------------------------------- 87
4.0 DATA PRESENTATION AND ANALYSIS
4.1 Presentation and analysis of data. ----------------------------------------------- 62
4.2 Test of hypotheses. --------------------------------------------------------------- 76
4.2.1 Hypothesis one. ----------------------------------------------------------------- 76
4.2.2 Hypothesis two. ----------------------------------------------------------------- 81
4.2.3 Hypothesis three. --------------------------------------------------------------- 87
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of findings. ------------------------------------------------------------ 94
5.2 Conclusion ------------------------------------------------------------------------- 95
5.3 Recommendations ---------------------------------------------------------------- 96
5.4 Suggestion for further study. ---------------------------------------------------- 97
Bibliography 98
Appendix I 100
Appendix II 101
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of findings. ------------------------------------------------------------ 94
5.2 Conclusion ------------------------------------------------------------------------- 95
5.3 Recommendations ---------------------------------------------------------------- 96
5.4 Suggestion for further study. ---------------------------------------------------- 97
Bibliography 98
Appendix I 100
Appendix II 101
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
(2016, 01). The Effects Of Accountability And Transparency In Financial Management Of Nigerian Local Government (a Case Study Of Bende Local Government).. ProjectStoc.com. Retrieved 01, 2016, from https://projectstoc.com/read/6999/the-effects-of-accountability-and-transparency-in-financial-management-of-nigerian-local-government-a-case-study-of-bende-local-government-8525
"The Effects Of Accountability And Transparency In Financial Management Of Nigerian Local Government (a Case Study Of Bende Local Government)." ProjectStoc.com. 01 2016. 2016. 01 2016 <https://projectstoc.com/read/6999/the-effects-of-accountability-and-transparency-in-financial-management-of-nigerian-local-government-a-case-study-of-bende-local-government-8525>.
"The Effects Of Accountability And Transparency In Financial Management Of Nigerian Local Government (a Case Study Of Bende Local Government).." ProjectStoc.com. ProjectStoc.com, 01 2016. Web. 01 2016. <https://projectstoc.com/read/6999/the-effects-of-accountability-and-transparency-in-financial-management-of-nigerian-local-government-a-case-study-of-bende-local-government-8525>.
"The Effects Of Accountability And Transparency In Financial Management Of Nigerian Local Government (a Case Study Of Bende Local Government).." ProjectStoc.com. 01, 2016. Accessed 01, 2016. https://projectstoc.com/read/6999/the-effects-of-accountability-and-transparency-in-financial-management-of-nigerian-local-government-a-case-study-of-bende-local-government-8525.
- Related Works
- The Impact Of Information Technology In Accounting System A Case Study Of Unilver Nigeria Plc
- Accounting For Fixed Asserts (a Case Study Of Coca-coca Bottling Company Plc 9th Mile Corner)
- Assessing The Effect Of Material Handling On The Profitability Of A Manufacturing Company (a Case Study Of Kaduna Refining And Petrochemical Company)
- The Impact Of Auditing Has In He Control Of Fraud And Irregularities In The Selected Business Organization Like The Nigeria Coal Corporation Enugu As Our Focuses
- Appraisal Of Issue Of Shares As A Source Of Finance In Public Ltd. Liability Companies (an Analytical Review Of Fisrt Bank Of Nig. Plc.)
- Effect Of Computer Ont Eh Accounting Profession (a Case Study Of Asaba Aluminium Company Delta State
- Internal Auditing As An Instrument For Effective Management (a Case Study Of Institute Of Management And Technology I.m.t.) Enugu
- An Investigation Into Records Management In Selected Business Organization In Owerri Metropolis. (a Case Study Of Consolidated Breweries Plc.)
- The Effect Of Fluctuating Foreign Exchange Rate On Nigeria Currency. (a Case Study Of Central Bank Of Nigeria, Enugu Branch
- Accounting System Of Co-operative Societies In Enugu North Local Government Area