ACCOUNTING AS A BASIS FOR MANAGING PUBLIC EXPENDITURE (A CASE STUDY OF STATE EDUCATION COMMISSION ENUGU)

CHAPTER ONE:INTRODUCTION

Misappropriation and embezzlement of public fund have been the talk of the day in our various government institutions. This case of inadequacy and inefficiency in the accountability of public fund had shown the force that people who are being entrusted with such funds shows a sort of non-challant attitude in carrying out the duties. This attitude had done a lot of harm to the growth of our various government establishments, it is clear that no institution, parastatals, or organization will grow without maintaining adequacy efficiency and accountability. However, it is also obvious that some organization has been closed up or folded up due to the fact that their funds were not adequately managed.

Because of the inadequate accountability of public funds that some times, necessitate the checks, which is carried out by both internal and external at intervals. This checks being carried out auditors both internal and external is called auditing, the reason for this is to find out the extent of accountability if any, and to advice the auditory on the steps and have best to control their funds.

Based on the fact that Enugu State Education Commission, which the researcher has chosen as her case study is one of the numerous establishment controlled by Enugu State Government. There is the need for an in-depth study to be carried out in Enugu State Education Commission which will service a sample size when analyzing the findings and making recommendations about public expenditure with special regard to Enugu State.

However, in the course of this study work be carried out in findings the origin of the board, sources of funds to the board, ways in which these funds are expended and finally an attempt would be made to find out if the people entrusted with the boards funds, maintain adequate account of the fund kept under their controlled.