Table of Contents

Title Page

Certification                                                                        II Dedication                                                                           iii Acknowledgement                                                               iv Abstract                                                                               v

CHAPTER ONE

INTRODUCTION

1.1    Background of the Study                                                    1 

1.1.1 Profile of Arochukwu LocalGovernment Area                     

1.2 Statement of the Problem

1.3 Objectives of the Study

1.4 Research Questions

1.5 Research Hypothesis

1.6 Significance of the Study

1.7 Scope and Limitations of the Study

CHAPTER  TWO

REVIEW  OF RELATED  LITERATURE

2.1    Nature of Local  Government

2.2    Purpose for the establishment  of Local Governments

2.2.1    bringing government nearer to the people

2.2.2 Encouraging Even and Rapid Development

2.2.3   Collecting Revenue

2.2.4 political  leadership training

2.2.5 Reducing the Workload of the Centre

2.3    Source of Revenue  for Local Government

2.4   The Need for Local Government

2.5    Local Government Structure

2.5.1  The Legislative Arm

2.5.2   The Executive Arm

2.6      Financial Autonomy

2.7    Final Accounts of Local Government

2.7.1 Supporting Scheduling

2.8     Government Accounting

2.8.1   Definition of Public Sector Accounting

2.8.2   Objectives  of Public   Sector Accounting                                      20

2.8.3  Purpose of Government  Accounting                                        23

2.9      Local Government  Revenueand  Expenditure                          26

2.9.1   Statutory Allocation                                                                  27

2.9.2   The inflows into  the federation   account                              28

2.10  Expenditure  Estimates                                                        33

2.10.1           Recurrent  Expenditure                                                33 

2.10.2           Capital   Expenditure                                                     34

2.11  Challenges and Prospects                                                                 35

2.11.1         Challenges                                                                         35

 2.11.2          Prospects of Local Governments'   Revenue                   38

 Generations  and Expenditures.

CHAPTER THREE

Research  Methodology

3.1 Research  Design

3.2 Area of the Study

3.3 Population   of the Study 

3.4 Sample and Sampling  Technique

3.5 Method of Data  Collection