THE ROLE OF ACCOUNTING IN THE CONTROL OF PUBLIC EXPENDITURE IN NIGERIA (A CASE STUDY OF CENTRAL BANK OF NIGERIA (CBN)

ABSTRACT  In recent times some of the public organizations in Nigeria have been faced with cases of financial crisis. Those  of them that survived more in a snail pace.  Obviously the causes of financial crisis in our public sector have been attributed to total negligence of the roles of accounting in our public organizations. This research work will look into the role of accounting in the control public expenditure in Nigeria.  It will try to analyze the implications of applying the accounting principles in our public organizations and then look at how these principles controls the operations of the public sector organizations in Nigeria. In a bid to achieve a meaningful research study work, this research will review related literatures on the role of accounting in the control of public sector in Nigeria.  Oral interview will also be conducted with the managers of the selected public organization in Nigeria. Other supplementary instrument will be data that will be collected from periodicals and existing literature.  The data that will be collected will defines descriptively, with tables in these research works. On the course of writing this project study, there are factors which should be considered like finance, Access to library facilities and limited time and difficulties in obtaining required information. In finance, our project used to be joint project but now it has to be an individual student.  Atimes there is difficulties in obtaining the required information from the respondents of the company because of the current problem some of the company is going through. Consequent upon this, recommendations will be made in how or the steps that will be taken to eradicate these set backs and deficiency in the system.
TABLE OF CONTENTS Cover Pagei Title Pageii Approval pageiii Dedicationiv Acknowledgementv Abstract vi Table of Contentsvii
CHAPTER ONE Introduction1 Statement of Problem25 Purpose of study26 Research Questions27 Significance of study27 Scope of the study28 Definition of Term29
CHAPTER TWO Literature Review30 Historical development of Accounting in Nigeria36 The Nature of Accounting Principles40 Types of Accounting Principles42 Factors affecting accounting principles50 Budgeting and Budgetary Control51 Standard costing as a tool for control 55
CHAPTER THREE Research Methodology Research Design65 Area of Study66 Population of study66 Sample and Sampling Technique67 Research Instrument 68 Validity of Instrument 68 Method of Data Analysis 69
CHAPTER FOUR Presentation of data and Analysis70 Presentation of data70
CHAPTER FIVE Summary of Findings87 Conclusion 89 Recommendations90 Limitations of the Study92 References