ACCOUNTING IN THE NIGERIA PUBLIC SECTOR

Today must public sector establishment has been accused of financial recklessness perpetrated by various ministries and parastatals, thus has opened up an can of worms in the bosom of our public sector. The problem often experienced by operators of government establishment like the National Electric Power Authority (NEPA) in maintaining a good accounting system with a view to enhancing accountability is the object of the research work. However, chapter one deals strictly with the overview of the study in the introduction of the topic, also a brief history of the establishment (NEPA) their target, problems, etc. Chapter two talked about the basis of public sector Accounting, Acts regulating Nigeria public sector Accounting. Financial control in government accounting, comparison between government and commercial accounting, users of public sector accounting and finally some problems were identified. This research work was carried out through oral interviews and distribution of questionnaires for the collection of data & relevant information from the departments of public affairs and accounts of the National Electric Power Authority (NEPA) Enugu. Also, information was sourced through secondary data, which includes textbooks, annual report and customer service charter NEPA). The following chapter death with the analysis of data and testing the formulated questionnaire with a chi-square technique. Finally, the summary of the findings, conclusion, and recommendations were discussed.