ABSTRACT
In recent times some of the public organizations in Nigeria have been faced with cases of financial crisis. Those of them that survived more in a snail pace. Obviously the causes of financial crisis in our public sector have been attributed to total negligence of the roles of accounting in our public organizations. This research work will look into the role of accounting in the control public expenditure in Nigeria. It will try to analyze the implications of applying the accounting principles in our public organizations and then look at how these principles controls the operations of the public sector organizations in Nigeria. In a bid to achieve a meaningful research study work, this research will review related literatures on the role of accounting in the control of public sector in Nigeria. Oral interview will also be conducted with the managers of the selected public organization in Nigeria. Other supplementary instrument will be data that will be collected from periodicals and existing literature. The data that will be collected will defines descriptively, with tables in these research works. On the course of writing this project study, there are factors which should be considered like finance, Access to library facilities and limited time and difficulties in obtaining required information. In finance, our project used to be joint project but now it has to be an individual student. Atimes there is difficulties in obtaining the required information from the respondents of the company because of the current problem some of the company is going through. Consequent upon this, recommendations will be made in how or the steps that will be taken to eradicate these set backs and deficiency in the system.
TABLE OF CONTENTS
Cover Page i
Title Page ii
Approval page iii
Dedication iv
Acknowledgement v
Abstract vi
Table of Contents vii
CHAPTER ONE
Introduction 1
Statement of Problem 25
Purpose of study 26
Research Questions 27
Significance of study 27
Scope of the study 28
Definition of Term 29
CHAPTER TWO
Literature Review 30
Historical development of Accounting in Nigeria 36
The Nature of Accounting Principles 40
Types of Accounting Principles 42
Factors affecting accounting principles 50
Budgeting and Budgetary Control 51
Standard costing as a tool for control 55
CHAPTER THREE
Research Methodology
Research Design 65
Area of Study 66
Population of study 66
Sample and Sampling Technique 67
Research Instrument 68
Validity of Instrument 68
Method of Data Analysis 69
CHAPTER FOUR
Presentation of data and Analysis 70
Presentation of data 70
CHAPTER FIVE
Summary of Findings 87
Conclusion 89
Recommendations 90
Limitations of the Study 92
References
