ACCOUNTING SYSTEM IN GOVERNMENT ESTABLISHMENT (A CASE STUDY OF KWARA STATE MINISTRY OF FINANCE)

TABLE OF CONTENTS

TITLE PAGE                                                                                       I

CERTIFICATION                                                                                II

DEDICATION                                                                                      III

AKNOWLEDGEMENT                                                                       IV

CHAPTER ONE

1. INTRODUCTION                                                                        1
   1. STATEMENT OF THE PROBLEM                                  2
   1. SOURCES OF FUNDS                                                      3
   1. AIM AND OBJECTIVE                                                              4
   1. SCOPE AND LIMITATION OF THE STUDY                  4
   1. SIGNIUFICANCE OF THE STUDY                                           5

CHAPTER TWO

• REVIEW OF LITERATURE                                                6
  • HISTORICAL PERSPECTIVE OF THE   INTERNATIONAL STANDARD                                        6
  • PUBLISHED ACCOUNTING STANDARD TO DATA      8
  • DISCLOSURE SUMMARY                                               10

CHAPTER THREE

• RESEARCH METHODOLOGY                                                  16
  • THE POPULATION                                                                    16
  • DATA COLLECTION                                                        16
  • QUESTIONNAIRE METHOD                                                    18
  • POPULATION SIZE AND SAMPLE                                          19
  • DATA PRESENTATION ANALYSIS AND       INTERPRETATION                                                                    21
  • LIMITATION OF THE STUDY                                                  23

CHAPTER FOUR

• HISTORY OF SMITH-WINE BEECHAM PLC AND ITS ORGANIZATIONAL STRUCTURE                                        24
  • ACCOUNTING POLICIES                                                26
  • DEPRECIATION ACCOUNTING                                     29
  • ISSUE OF REVENUE                                                       30
  • ANNUAL REPORT AND ACCOUNT PROBLEM           32

CHAPTER FIVE

• SUMMARY OF CONCLUSION                                                 54
  • RECOMMENDATION                                                      57

BIBLIOGRAPHY                                                                                  61

CHAPTER ONE

1. INTRODUCTION

          The government has to live and perform its duties to the native as a result there must be a means of live hood called money.

          Therefore, the simple meaning of accounting is an act of recording, classifying, summarizing and interpreting of financial records. It has always been said that money is the life wire of any state. That is accounting is prominent to the survivor of any Native, the government system is to enable power or delegate the power to the rule from rule and three is a three arms of government i.e the legislature, judiciary and executive of a government system and whereas we have three types of government in any nation i.e federal government which is president, vice president and all ministers and secretary to the federal government, state government in this we have the executive governor of the state, the vice governor, the secretary to the state governor and all commissioners we still have local government chairman, vice chairman and secretary.

1. STATEMENT OF THE PROBLEM

          It is obvious that inadequate revenue has been one of the problems of the government in discharging its function smoothly. It is justifiable that most of the government have not proved to be quite successful in discharging their function effectively and efficiently.

          Also, the poor attitude toward the payment of tax which is one of the large sources of revenue from the payers also contributed negatively to the government generates revenue.

          The government establishment also affected the revenue of generated either directly or indirectly recently.

          How does government establishment or accounting system affect the revenue generation?

          What role the government plays on accounting system.