Appraisal Of Local Government Finance And Accounting System (A Study Of Isiala Ngwa North Local Government Council Of Abia State).
ABSTRACT
This project work is design to assess the appraisal of local
government finance and the accounting system in Isiala Ngwa North local
government council of Abia State.In quest for accuracy and adequacy and due to
the nature of this research work, data were collected using only secondary data
and analyzedusing descriptive statistics and inferential analysis.In order to
form a strong opinion, two null hypotheses were formulated and tested using
correlation and t- statistics.It was found that there is a positive
relationship between the government finances (LG) and the accounting system in
IsialaNgwa North local government council of Abia State from the test
conducted.It was also proven that the expenditure incurred by the local
government council in their various jurisdiction are not large enough to be
oticed on the total revenue generated by local government as a result of poor
financial management , inadequate funds, disregard for financial regulations,
and embezzlement of funds.Based on these findings, some recommendations were
made which includes;Ensuring improvement in terms of internal revenue
generation to solve the problem of reliance on federal allocation, to ensure
prompt payment of staff salaries, prudence in financial resources management.
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NWAOBODO, N (2021). Appraisal Of Local Government Finance And Accounting System (A Study Of Isiala Ngwa North Local Government Council Of Abia State).. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-finance-and-accounting-system-a-study-of-isiala-ngwa-north-local-government-council-of-abia-state-7-2
NNEKA, NWAOBODO. "Appraisal Of Local Government Finance And Accounting System (A Study Of Isiala Ngwa North Local Government Council Of Abia State)." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-finance-and-accounting-system-a-study-of-isiala-ngwa-north-local-government-council-of-abia-state-7-2. Accessed 24 Nov. 2024.
NNEKA, NWAOBODO. "Appraisal Of Local Government Finance And Accounting System (A Study Of Isiala Ngwa North Local Government Council Of Abia State).". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Nov. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-finance-and-accounting-system-a-study-of-isiala-ngwa-north-local-government-council-of-abia-state-7-2 >.
NNEKA, NWAOBODO. "Appraisal Of Local Government Finance And Accounting System (A Study Of Isiala Ngwa North Local Government Council Of Abia State)." Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-finance-and-accounting-system-a-study-of-isiala-ngwa-north-local-government-council-of-abia-state-7-2