APPRAISAL OF THE ACCOUNTING FRAMEWORK IN THE LOCAL GOVERNMENT SYSTEM.(A CASE STUDY OF MBAITOLI LOCAL GOVERNMENT AREA)

APPRAISAL OF THE ACCOUNTING FRAMEWORK IN THE LOCAL GOVERNMENT SYSTEM.(A CASE STUDY OF MBAITOLI LOCAL GOVERNMENT AREA)

ABSTRACT

The management of public resources has always been a turbulent issue. This is precisely the heart of any governmental administration. Government business in whatever for, be it policies, programmes, activities or function is run in accordance with the laid down formalities. These formalities in the area of government accounting and financial control and procedures may include laws, rules and accepted norms certain financial memorandum of the local government system. The accounting framework regulates the account format for the preparation of government account in local government system in an instrument for introduction of new policies and guide lines, before inclusion into the financial regulation as a part of a more permanent code of regulation. It is used to aid the achievement of probity and accountability in government. The frameworks specify action acceptable and those doomed unacceptable. The system is set to ensure uniformly and conformity of application.

This work examined the general background and concept of the research topic listing the aims, objectives, statements of problems and the scope and limitations of the research work. The existing literature on the accounting framework was examined so as to create in theoretical base for the study.

 TABLE OF CONTENTS

Title Page

Certification                        –       –       –                       i

Dedication                          –       –       –                       ii

Acknowledgment                –       –       –                       iii

Abstract                             –       –       –                       iv

Table of contents                –       –       –                       v-vi

CHAPTER ONE

1.0   Introduction                              –       –       –     1-2

1.1    Background of the study              –       –       –       2-3

1.2    Statement of the problem            –       –       –       3-4

1.3    Objectives of the study                –       –       –       4

1.4    Research question                       –       –       –       5

1.5    Research hypothesis                    –       –       –       5

1.6    Significant/justification of the study       –       –       6

1.7  Scope/Delimitation of the study    –       –        –       6

1.8    Limitations of the study                –       –       –       6-7

1.9.   Definitions of terms                     –       –       –       7

CHAPTER TWO         

2.0    Literature review                         –       –       –       8

2.1    Financial framework in overview    –       –       –       8-9

2.2    Cash flow as a measure of financial health     –       9-15

2.3    Framework of local government estimates      –        15

2.4    Budgeting                                  –       –       –        15-16

2.6    Estimate and financial control       –       –       –        16

2.7    Approval of estimate by local government council         17

2.8    Implementation of estimate          –       –       –        18

2.9    Care and custody of local government fund    –        18

2.3    Strong room, safe and cash tanks         –       –       –        19

CHAPTER THREE

3.0    Research methodology                –       –       –        20

3.1    Research design                         –       –       –        20

3.2    Area of study                             –       –       –        21

3.3    Population of the study                –       –       –        21

3.4    Sample/sampling technique          –       –       –        22

3.5    Research instrument                   –       –       –        22

3.6    Method of data collection             –       –       –        23

3.7    Validation of data instrument        –       –       –        23

3.8    Method of data analysis               –       –       –        23

CHAPTER FOUR

4.0    Presentation/analysis and interpretation of data         25

4.1    Research question analysis           –       –       –        25

CHAPTER FIVE

5.0    Discussion of finding                   –       –       –        27

5.1    Conclusion                                 –       –       –        28

5.2    Recommendation                                –       –       –

References

Letter to respondents – attachment to the questionnaire

APPRAISAL OF THE ACCOUNTING FRAMEWORK IN THE LOCAL GOVERNMENT SYSTEM.(A CASE STUDY OF MBAITOLI LOCAL GOVERNMENT AREA)