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CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK
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INFORMATION:
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THE ACCOUNTING SYSTEMS IN LOCAL GOVERNMENT
THE ACCOUNTING SYSTEMS IN LOCAL GOVERNMENT A CASE STUDY OF
OBINGWA LOCAL GOVERNMENT AREA ABIA STATE
ABSTRACT
Various accounting system is being used by different
organizations or firms to speculate and analyse their financial statue.
However, for an organization to know the system of accounting
they will adopt depends on the kind of transaction/business or activities such
organization engaged Nigeria my country. The problem of adopting a particular
accounting system especially among the various local governments in the states,
has always been taken into consideration to ensure good control and efficient
management of government operation. To a reasonable and considerable extent.
This has been achieved, but due to the complex system of our local government
accounting, there has been some set back.
Against this background, this project is designed to point
out the ways and systems through which the revenues and expenditures of local
Governments are accounted for.
The accounting system of Obingwa Local Government Area will
be used as a reference point to unravel this problems, and as well their
solutions. Also, this project will identify the nature and purpose of L.G.A
accounting and financial control.
Chapter one of this work is designed to show the introduction
of the case study with the various reforms to its scope of operation. It also term’s to consider the problems
facing the local governments accounting system in Nigeria, chapter two of this
research work attempts to explore in details the related literature on the
topic, review of local government accounting system will regards to Obingwa
L.G.A. Also, is the L.G.A system of accounting for capital expenditure,
recurrent expenditure and stores.
Chapter three will tend to examine the research design, the
sample and instrument of data collection and the method of analysis. These
items are moreover most important because the validity of the study is relative
to the ability of the researcher to reach those directly concerned with the
problem of the research.
Chapter four is designed to analyse the responses of the
respondents of Obingwa L.G.A workers at various levels.
Chapter five of this research work will tend to summarize,
draw a conclusion and make recommendations that will adequately make effective
impact in the maintenance of local government accounting system that will be
devoid of any immaterial facts, so as to maintain a true financial position at
any point in times.
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