Description
PROPOSAL
Project Topic
A social accounting as a method of assessing the impact of development activities. A case study of Nsukka Local Government Area, Enugu State.
This research work is titled “A social accounting as a method of assessing the impact of development activities.” For the interest of people with little or no accounting knowledge whose heart desire is to be benefited from this work, it becomes increasingly important that little explanation on what social is should be made.
Social accounting is conversely public sector accounting. Public sector accounting can be defined as the composite activity of collecting, analyzing, recording, summarizing, reporting and interpreting the financial transactions of government units.
There are interested panties in government accounting which are users of government or publiesector accounting . The users fall into broad categories inchmeal and external users. However, Nsukka local government area as one of the internal users of government accounting will be used as a vivid case study to portray government accounting in order to make this work of standard and more comprehensible to all and sundry .
The significant of this study include:
Identification of major census of maladies in the financial system of the local government, examination of the accounting department to find out if it is manned by competent and qualified personnel, examination whether the sources income to the local government is enough, examination of various instruments of management and control of the local government finances examination of various problems of the local government finances and accounts and examination of the prospects of improving the available sources
Of the of the local government finances.
The limitations of this study are the following greater number of the local government’s employees are incompetent, embezzlement receipt of huge Rick- backs, contract inflation, large scale salary frond and auditing and internal control problems.
Finally, two broad research methods will be used for this study vizi personal interviews and full designed and well strutted questionings
ABSTRACT
The title of this research work is, A social accounting as a method of the impact of development activities’’ with particular referent to Nsukka local Government Area in Enugu State. It has been identified that accounting and financial reporting in the public sector particularly at the local government level was not given adequate attention.
In the course of coining out this study, the following objectives among other were set which included The identification of major cause of maladies in the financial system of the local government ;to examine the accounting system / department to find out if it is manned by competent and qualified personnel; to examine whether the sources of income to the local governments is enough examine the various instruments of management and control of local government financial ; to examine the various problem of the local government financial and accounts and to examine the prospects of improving the available sources of the local governments finances.
To achieve the set objectives, some hypotheses were form water which comprised; an increase in local government share of federation Account form 20-25%would help the local government in achieving at least 75%of their statutory responsibilities, the employment of low caliber staff has a significant negative relationship with the low efficiency and productivity of the local governments; the Accounting system of local governments is not effective in operation; and that another source of tar revenue is not essential for Nigerian local governments.
Two broad research method were adopted in the study which were personal intendeds and fully designed and well structured questionnaires- for the purpose of analyzing the hypotheses, chi—square (x2) technique was adopted
As a result of conscientious and of course painstaking study done, a lot of findings were made which included inter-alias; There was an ample proof that the greater number of local government’s employees are unqualified other taxes to be collect by the local government can improve it fin an has no significant negative relationship with the low efficiency and productivity of the local government; and increase from 20-25% in the federal government statutory allocation of federation Account to local government would not be enough to deftly a reasonable proportion of huge kick backs, contract inflations, large scale salary frond, auditing and internal control problems were discovered as some of the major accounting and financial problems of the local governments.
As a result, the following recommendatims were preferred; efforts to be intoaasified in the collection of reverie of local taxation; emphasis to be placed in the recruitment of qualified experienced and well trained personnel fro the assessment collection and general admimstration of local taxes and rates, design a sound system of budgetary control; installation of a system of internal control; projects to be evaluated and implemented; proper feasibility study to be carried out; and internal funding to be improved by its engagement in commercial ventures.
TABLE OF CONTENTS
i Title Page
ii Certification
iii Dedication
iv Acknowledgment
v Abstract
vi Proposal
vii Table Of Content
CHAPTER ONE
1.0 Introduction
I. I An Overview
I.2 Statement Of Problem
I.3 Hypothesis
I.4 Objectives Of Study
I.5 Significance Of Study
I.6 Limitation Of Study
I.7 Definition Of Terms
CHAPTER TWO
2.0 Literature Review
2.1 Government Accounting
2.2 Local Government Accounting
2.3 Statutory Base Of Local Government Finance In Nigeria
2.4 Functions Of Local Government
2.5 Sources Of Local Government Revenue
2.6 Local Government Expenditure
2.7 Management Of Control Of Local Government
Finance.
CHAPTER THREE
3.0 Research Methodology
3.1 Methodology
3.2 Sources Of Data
3.3 Population Definition
3.4 Statistical Determination Of Sample Size
3.5 Method Of Data Presentation
3.6 Data Analysis
3.7 Decision Rule
3.8 Operation Assumption
CHAPTER FOUR
4.0 Data Presentation And Analysis
4.1 Questionnaire Distribution and Response
4.2 Data Analysis And Statement Of Hypothesis
CHAPTER FIVE
5.0 Research Findings, Recommendation And Conclusion
5.1 Summary Of Findings
5.2 Recommendations
5.3 Conclusion
Bibliographies