an appraisal of accounting system in the public sector
DESCRIPTION
An Appraisal of Accounting system in the Public SectorTRANSCRIPT
AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR
(A CASE STUDY OF BOARD OF INTERNAL REVENUE ENUGU STATE)
BY
www.projects.page4.me
(08034883821 08188988835)
ABSTRACT
This write up is the result of a studying of the accounting
process in the public sector. The work is principally aimed at
providing an insight into the accounting system of Board of
Internal revenue Enugu State, its inefficiencies, problems and
ways these problems could be effectively be managed. This
work is divided into five chapters namely; the first chapter
which is the introduction of the topic, the researcher defined
public sector accounting, the purpose and objective as well as
the significance of the study. In chapter two, the researcher
focuses on the review of related literature as it is related to the
research topic and such review include historical development
of government accounting, Basis of accounting and sources of
cash and recording media. In chapter three, the researcher
indicated the research method used in detail; also it was in
chapter four that the data used were collected, presented,
analyzed and show the responses to the area being
investigated which were documented along with their
percentage relating to the question asked. In the last chapter,
the researcher discussed the result obtained from data analysis
in chapter four and also a useful and constructive suggestion
was put down as that any interested party may be wee guided.
TABLE OF CONTENTS
Cover page:......................................................................
Title page:…………………………………………………………..
Certification:………………………………………………………
Dedication:………………………………………………………..
Acknowledgement:………………………………………………
Abstract:………………………………………………………….
Table of contents:………………………………………………
CHAPTER ONE: INTRODUCTION
1.1 Background of the study:…………………………….
1.2 Statement of the Problem:……………………………
1.3 Objective of the study:………………………………..
1.4 Significance of the study:……………………………
1.5 Research question:……………………………………
1.6 Scope and Limitation of the study:……………….
1.7 Definition of terms:…………………………………..
CHAPTER TWO: REVIEW OF LITERATURE
2.1 Introduction:………………………………………….
2.2 Historical Development of Government Accounting:
2.3 Financial Information:……………………………………
2.4 Sources of cash and Recording Media:………….
2.5 Nature and purpose of Government Accounting:..
2.6 Fund Accounting classification:…………………
2.7 Basis of Accounting:………………………………….
2.8 Depreciation:……………………………………………
CHAPTER THREE: RESEARCH METHODOLOGY AND
DESIGN
3.1 Research design ………………………………………..
3.2 Sources of data ………………………………………….
3.3 Population of the study ………………………………..
3.4 Determination of sample size and techniques…….
3.5 Method of data collection ……………………………..
3.6 Procedure of data analysis ……………………………
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Section A (Personal Data)……………………………..
4.2 Section B (Cash)…………………………………………
4.3 Section C (Cheque)……………………………………...
4.4 Section D (Stocks/Supplies) ………………………….
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION
AND RECOMMENDATIONS
5.1 Summary of findings …………………………………………..
5.2 Conclusion ……………………………………………………….
5.3 Recommendation ………………………………………………
References
Bibliography
Appendix
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
History has it that the concept of accountability of public
funds dates backs to the history of ancient Greece. As old as
theory is, it would not be erroneous to say that the idea has
been equally lost to antiquity although not much is known
about it, this makes the subject, government accounting to
remain a myth.
Accounting in the public sector has received such a wide
attention from scholars that the field of public sector
accounting scans to be neglected.
However, there is general awareness all over the world of
the need to pay greater attention to the development of
government accounting and financial control. The reason is
obvious, government, in most, if not all nations constitute the
largest single business entity in many places, the core of the
economy. Government in any society is basically for
maintaining law and order. With changes and the complete
nature of the society, government responsibility has
automatically changed from the role of maintaining law and
order to business like nature in the modern era. The enormous
activities of government, equally call for enlarged government
accounting in order to accommodate the immense task. As a
result of this development, the traditional cash procedures of
accounting can hardly meet the demands of reasonable
accounting for modern government in providing necessary
services or information. Therefore, there is need for
government accounting to be dynamic in order to
accommodate both the fundamental roles and the
developments.
Government accounting is the process of recording,
analyzing, classifying, summarizing, communicating and
interpreting financial information about government in
aggregate and in detail, reflecting all transactions involving the
receipts, transfer and disposition of government funds and
property. The purpose are to demonstrate the propriety of
transactions and their conformity with established rules to give
evidence of accountability for the stewardship of government
resources and to provide useful information for the good
control and efficient management of government operation.
Financial management in the public services as can be
observed has failed to encourage and promote the efficient
utilization of public funds or serve as effective basis for
planning and decision making as well as to ensure proper
accountability. Besides, it does not mean that financial
irregularities being detected in public sector at large is basically
based on traditional cash procedure of accounting but it does
arouse a question whether the modern system of accounting
will make both modern management and financial
management viable.
TO GET THE COMPLETE PROJECT (Chapter 1-5)
Kindly make payment to the accounts below.
NIGERIA
A/C NAME: KRUKRU KENOBI
A/C NO: 23-1111-9816
AMOUNT: N3,500
NIGERIA
A/C NAME: KRUKRU KENOBI
A/C NO: 00-3806-7700
AMOUNT: N3,500
After payment, call or text us the project topic you paid for to
08034883821 08188988835
Email: [email protected]
Website: www.projects.page4.me