The impact of public sector accounting on financial control system of local government in Nigeria

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 CONTENTPAGETitle pageiApproval page iiDedication iiiAcknowledgement ivAbstractviTable of content vii
CHAPTER ONE:  INTRODUCTION1.1   Background of the study11.2   Statement of the problem 31.3   Objectives of the study41.4 Research questions51.5   Formulation of research hypotheses 51.6 Significance of the study61.7   Scope of the study71.8   Limitations of the study7-8
CHAPTER TWO:  REVIEW OF RELATED LITERATURE2.1  The concept of public sector92.2  Overview of public sector accounting 122.3  Peculiarities of public sector accounting 132.4  Appraisal of Nigeria financial control system192.5  Objectives of Public Sector Accounting222.6 The role of public sector accounting in Nigeria financial control         System.242.7.1 Sources of revenue to local government in Nigeria262.7.2 Functions of local governments in Nigeria272.7.3 Controls of local governments in Nigeria30
CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY 3.1   Research design333.2 Sources of data 333.2.1   Primary data333.2.2 Secondary data 343.3   Population of the study343.4   Sample size determination 343.5 Sampling technique 353.6 Research instrument used35 3.7.1 Reliability of research instrument363.7.2 Validity of research instrument used363.8 Method of data treatment and analysis363.9 Area of the study37
CHAPTER FOUR: DATA PRESENTATION AND ANAYSIS 4:1 Data presentation/Analysis 384.2   Test of hypotheses  47



CHAPTER FIVE:  SUMMARY OF FINDINGS, CONCLUSIONS AND RECOMMENDATIONS 5.1   Summary of the findings 555.2   Conclusion 565.3   Recommendations57BIBLIOGRAPHY59APPENDIX / QUESTIONNAIRE62