ABSTRACT
This research was aimed at finding out the impact of public sector accounting in Nigeria financial control system using local governments in Nigeria as a case study. The purpose was to find out if the control of public fund adopted by the local government is appropriate, to determine whether the public sector accounting principle applied by the local government is appropriate and effective and also to investigate whether the source of revenue to the local government is enough for them etc. The population size used was the staff and members of local governments in Nigeria, out of which the sample size was selected using the stratified sampling technique . Data for this study were primarily and secondarily sourced. Chi-square was used to analyze the responses gotten from the distributed questionnaires. The findings made in this study are; the public accounting principles applied by the said local government area is inappropriate and ineffective and the control of public fund measures adopted is also inappropriate etc, based on the findings, it was concluded that the public sector accounting principles applied by the local government is inappropriate and also the control of public fund measures adopted was inappropriate. Recommendations were also made based on the findings which are, an account committee should be set up to control the accounting system of the said local government and monitor their day to day activities etc and when this is met, the goal of creating the local government will be achieved.
TABLE OF CONTENT
PAGE
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of content vii
CHAPTER ONE: INTRODUCTION
1.1 Background of the study 1
1.2 Statement of the problem 3
1.3 Objectives of the study 4
1.4 Research questions 5
1.5 Formulation of research hypotheses 5
1.6 Significance of the study 6
1.7 Scope of the study 7
1.8 Limitations of the study 7-8
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 The concept of public sector 9
2.2 Overview of public sector accounting 12
2.3 Peculiarities of public sector accounting 13
2.4 Appraisal of Nigeria financial control system 19
2.5 Objectives of Public Sector Accounting 22
2.6 The role of public sector accounting in Nigeria financial control
System. 24
2.7.1 Sources of revenue to local government in Nigeria 26
2.7.2 Functions of local governments in Nigeria 27
2.7.3 Controls of local governments in Nigeria 30
CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY
3.1 Research design 33
3.2 Sources of data 33
3.2.1 Primary data 33
3.2.2 Secondary data 34
3.3 Population of the study 34
3.4 Sample size determination 34
3.5 Sampling technique 35
3.6 Research instrument used 35
3.7.1 Reliability of research instrument 36
3.7.2 Validity of research instrument used 36
3.8 Method of data treatment and analysis 36
3.9 Area of the study 37
CHAPTER FOUR: DATA PRESENTATION AND ANAYSIS
4:1 Data presentation/Analysis 38
4.2 Test of hypotheses 47
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSIONS
AND RECOMMENDATIONS
5.1 Summary of the findings 55
5.2 Conclusion 56
5.3 Recommendations 57
BIBLIOGRAPHY 59
APPENDIX / QUESTIONNAIRE 62
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
(2017, 07). The Impact Of Public Sector Accounting On Financial Control System Of Local Government In Nigeria.. ProjectStoc.com. Retrieved 07, 2017, from https://projectstoc.com/read/8568/the-impact-of-public-sector-accounting-on-financial-control-system-of-local-government-in-nigeria-5575
"The Impact Of Public Sector Accounting On Financial Control System Of Local Government In Nigeria." ProjectStoc.com. 07 2017. 2017. 07 2017 <https://projectstoc.com/read/8568/the-impact-of-public-sector-accounting-on-financial-control-system-of-local-government-in-nigeria-5575>.
"The Impact Of Public Sector Accounting On Financial Control System Of Local Government In Nigeria.." ProjectStoc.com. ProjectStoc.com, 07 2017. Web. 07 2017. <https://projectstoc.com/read/8568/the-impact-of-public-sector-accounting-on-financial-control-system-of-local-government-in-nigeria-5575>.
"The Impact Of Public Sector Accounting On Financial Control System Of Local Government In Nigeria.." ProjectStoc.com. 07, 2017. Accessed 07, 2017. https://projectstoc.com/read/8568/the-impact-of-public-sector-accounting-on-financial-control-system-of-local-government-in-nigeria-5575.
- Related Works
- The Impact Of The Nigerian Stock Market On The Development Of The Industrial Sector In Nigeria Between (2002 – 2012)
- The Effects Of Audit Failures On Corporate Organisations In Nigeria (a Case Study Of Matador Pharmaceutical Enterprise Akure)
- An Appraisal Of Accounting Ratio In Measuring Performance (a Case Study Of Mrs Oil Nigeria Plc Ilorin)
- Impact Of Credit And Financial Services In Transport Management In Nigeria
- The Effects Of Accountability And Transparency In Financial Management Of Nigerian Local Government (a Case Study Of Bende Local Government)
- Impact Of Job Training And Development On Employees Performance
- The Impact Of Foreign Loan And Foreign Investment On The Nigerian Economy (a Case Study Of First Bank Of Nigeria Plc, Birnin Kebbi Branch, Kebbi State)
- Inventory Control System In A Corporate Organization (a Case Study Of Nigerian Breweries Plc, Ibadan)
- The Influence Of Religion And Occupation On The Perception Of Family Planning In The Nigeria Educational System
- Relationship Between Foreign Ownership And Domestic Ownership Structure And Its Effect On The Financial Performance Of Pfas In Nigeria