(A STUDY OF OHAOZARA LOCAL GOVERNMENT)
A RESEARCH PROJECT SUBMITTED TO THE
DEPARTMENT OF ACCOUNTANCY
FACULTY OF MANAGEMENT SCIENCES
IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD
OF SCIENCE (B.Sc.) DEGREE IN ACCOUNTANCY
ABSTRACT
This work focused on “Problems and
Prospects of Local Government Accounting System in Nigeria with Special
reference to Ohaozara Local Government Area of Ebonyi State”. Descriptive
research design was used to enable the researcher investigate the events as
there existed during the time of study. The study was equally guided by 5 research
questions, 120 staff of the council were studies. The hypotheses formulated
were tested using the chi-square (X2) statistical summarization
technique. A structured questionnaire was used in collecting data from the
respondents. Data gathered indicate that Ohaozara Local Government Council has
not created any impact on the people resulting from poor fund management. The
financial managers of the council are corrupt and do not keep to local
government accounting guidelines. It was also revealed that the funds available
to the council are not enough to tackle the problems facing the council. The
auditors are often influenced, hence, ineffective financial reports are common.
The aim of this study is to identify the Problems associated with Local
Government Accounting in Nigeria. The work concluded that the financial
management of the council is ineffective. Some recommendations were made at the
end of the work to include regular supervision of the financial managers
activities.
Click on the related links below and read more.
We can keep you updated on this information, please Subscribe for Free by entering your email address in the space provided.
Do you like this article? Share this article