ANALYSIS OF SOURCES AND USES OF FUND IN GOVERNMENT INSTITUTIONS.

ANALYSIS OF SOURCES AND USES OF FUND IN GOVERNMENT INSTITUTIONS.

(A CASE STUDY OF KADUNA POLYTECHNIC, KADUNA )

TABLE OF CONTINENTS

Title -        -        -        -        -        -        -        -        -        -        -        i

Declaration         -        -        -        -        -        -        -        -        -        ii

Approval    -        -        -        -        -        -        -        -        -        -        iii

Dedication          -        -        -        -        -        -        -        -        -        -        iv

Acknowledgement       -        -        -        -        -        -        -        -        v

Abstract     -        -        -        -        -        -        -        -        -        -        vi

Table of Continent       -        -        -        -        -        -        -        -        vii

CHAPTER ONE

1.0 Introduction -        -        -        -        -        -        -        -        -        1

1.1 Background of the Study -      -        -        -        -        -        -        1

1.2 Statement of the Problems -   -        -        -        -        -        -        6

1.3 Objectives of the Study -        -        -        -        -        -        -        6

1.4 Research question         -        -        -        -        -        -        -        -        7

1.5 Significance of the Study -      -        -        -        -        -        -        7

1.6 Scope of the Study         -        -        -        -        -        -        -        8

1.7 Historical Background of the Case Study          -        -        -        -        8

1.8 Definition of Terms         -        -        -        -        -        -        -        12

CHAPTER TWO

2.0    Literature  review         -        -        -        -        -        -        -        -        13

2.1 Introduction -        -        -        -        -        -        -        -        -        13

2.1 Definition of Accounting-         -        -        -        -        -        -        -        13

2.2 Revenue Resources Available to Higher Education -          -        -        19    

2.3 Revenue Utilization in Accounting Procedure - -        -        -        23    

2.4 Revenue Utilization in Tertiary Institution -         -        -        -        -        25    

2.5 Sources of Revenue in Kaduna Polytechnic -   -        -        -        26    

2.6 Usage of Revenue in Kaduna Polytechnic        -        -        -        -        29

2.7 Efficiency of Revenue Generated   -        -        -        -        -        30

2.8 Adequacy or otherwise of Revenue -       -        -        -        -        -        31

2.9 Conclusion   -        -        -        -        -        -        -        -        -        32

CHAPTER THREE

3.0 Research Methodology -         -        -        -        -        -        -        -        34

3.1 Introduction -          -        -        -        -        -        -        -        -        -        34

3.2 Population and Sample Size   -        -        -        -        -        -        34

3.3 Sampling Techniques    -        -        -        -        -        -        -        35

3.4 Sources and Methods of Data Collection -        -        -        -        -        35

3.5 Methods of Data Analysis -     -        -        -        -        -        -        35

3.6 Justification for the Choice -   -        -        -        -        -        -        35

CHAPTER FOUR

4.0 Introduction -          -        -        -        -        -        -        -        -        36

4.1 Data presentation, analysis and interpretation -          -        -        -        36    

4.2 Data Presentation -        -        -        -        -        -        -        -        37

4.3 Data analysis and interpretation -    -        -        -        -        -        37    

4.5 Summary of findings -    -        -        -        -        -        -        -        39

CHAPTER FIVE

5.0    Summary, Conclusion and Recommendations       -        -        -        41

5.1 Summary      -        -        -        -        -        -        -        -        -        41

5.2 Conclusion   -        -        -        -        -        -        -        -        -        42

5.3 Limitation of the study -  -        -        -        -        -        -        -        44    

5.4 Recommendations -       -        -        -        -        -        -        -        44    

Bibliography       -        -        -        -        -        -        -        -        -        47

Appendix/Appendices- -       -        -        -        -        -        -        -        48

CHAPTER ONE

1.0  INTRODUCTION

1.1    BACKGROUND TO THE STUDY

Money is an organization tool which is used for proper management, control and co-ordination.

Economically, it is said to be scare in supply and the scare nature of it makes it necessary for good and effective management. Every organization whether small or large, requires good Accounting system for efficient management and control of her finances which may be done through a specified method as:

i. Controlling of Assets

ii. Internal/External Auditing

iii. Keeping of Proper Books

iv. Preparation of Financial Statement

v. Compliance with Legislation/Statutory Requirement.

A good Accounting System would provide orderly assembly of Accounting Information and from the basis of continuity. Polytechnics though tertiary institutions like any other organization are required by law establishing them to prepare accounts which are in conformity with general accepted principles of accounting so also with Kaduna Polytechnic which form the basis of this study.

Higher institution of learning established by Decree/Act (Kaduna Polytechnic) been one, operate accounting system some how similar to a great extent. It is of paramount importance at this juncture to have a broad knowledge of accounting system and funds accounting as it applies to tertiary institution.

Accounting system is the art of recording and controlling an organization by keeping accurate book-keeping of business transactions articulate to form an accounting process.

Finney and Miller (1971) define Funds Accounting as “an independent fiscal and accounting entity with a self-balancing set of recording cash and other resources together with all related liabilities, obligation, reserves, and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with s