The work is principally aimed at providing an insight into the accounting system of Board of Internal revenue Enugu State, its inefficience, 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.
Extensively accounting records has to be maintained not just because these records are required by law but to avoid confrontation with a multitude of complex variables.
Accountants cannot just observe the daily operation instead he must depend on the accounting process to convert business transaction into statistical data that can be abstracted and summarized in accounting reports. Government establishment are set up to provide social goods and service for public welfare.
These establishment finance their activities principally from government subventions which are derived directly or indirectly form government various sources in come such as fees charges central or local taxation and borrowing the need for a good book-keeping and accounting system together with proper accountability for public fund cannot be over accounting officers operate as an internal security men and through records control what goes on inside the business.
They should also exercise due care skill diligence and prudence in the management of public funds. Although theses problem are common to the private and public sectors it appears that the public sector suffers more.
Among the common problems of the government unit accounting are: Inconsistency in government accounting system comparison impossible. Delay in presentation and preparation of annual financial statement c. Ineffective control systems d.
Delay in receiving report from out stations with subsequent delay in preparing financial reports. Untimely reconciliation of accounts. Inefficiency of accounting and internal control i. Negative attitude of government functionaries towards accountability On this background the researchers intends to find appropriate answers to these problems by understanding their root caused so as to find a lasting solution if possible or ameliorate the incidence of inaccurate accounting is government establishments.
To determine the effectiveness of the existing system of accounting of government units. To appraise the systems and ascertain their suitability.
an appraisal of accounting system in the public. sector (a case study of board of internal revenue enugu state) by timberdesignmag.com ( ). AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR (A CASE STUDY OF BOARD OF INTERNAL REVENUE ENUGU STATE) Public Sector – An Appraisal Of Accounting System. ABSTRACT. This write up is the result of a studying of the accounting process in the public sector. an appraisal of accounting system in the public sector (a case study of board of internal revenue enugu state) by emeodi ferdinand.c.
Having identified the problems and consequences this will pave was for preparation and presentation of improved quality of accounting by government accounting personnel practitioners. This project work will enhance decision making of user of accounting information.
The following group of user will benefit from this research work. Staff and practitioners of government accounting who would need the information for improving their job b. It will serve as a reference material to accounting students lectures and researcher that might lay their hand on a copy in the library for academic and research purpose is the future.
Moreover the success of this work could be of immense benefit to the operators of government establishment who need financial information for decision making and also help them to understand the concept of stewardship accounting.
Finally the public also sand a ground to benefit from this work in various ways. Self accounting system introduced is government accounting do not help to make accountability more efficient?
Extensive accounting training is the public sector enhance the performance of government accountants. The existing problems of accounting is the public sector the product of human deficiency? In the course of preparing this work the researcher used primary and secondary sources of data but reliance was placed more on the primary sources.
This is due to its relatively factual nature. But because of time effort and finance which it will taken to study all the government establishment in Enugu hence the selection of three government establishment in Enugu.
It operates three- tier organizational structure as follows: The corporate headquarter 2. Zonal which is six is number 3. Down and electricity corporation of Nigeria. The two emerged and became national electric power authority NEPA it has district and zones.
It operation is mainly based on remittance and imprest account.(a case study of selected government establishment in enugu) ABSTRACT Accounting can be defined as the recording summarizing analyzing and interpretation of an timberdesignmag.comting system is a set of rules regulations and procedures which are articulated by a appropriate theoretical force into a timberdesignmag.coms: 7.
Download complete final year project materials on An Appraisal Of Cost Accounting System In Manufacturing Company from chapter one to five including references Cost accounting is the process of identifying, analyzing, computing and reporting cost to management.
The scope of study will be limited to an appraised of accounting system in public sector organization. Using Kwara State teaching service commission as a case study in a public sector due to time financial constructing emphasis will be on if back ground and accounting system.
an appraisal of accounting system in the public sector (a case study of board of internal revenue enugu state). Accounting in the public sector has received such a wide attention from scholars that the field of public sector accounting scans to be neglected.
an appraisal of accounting system in the public sector (a case study of board of internal revenue enugu state) by emeodi ferdinand.c. acc// an appraisal of accounting system in the public. sector (a case study of board of internal revenue enugu state) by timberdesignmag.com ( ).