ABSTRACT
This research examines the role of accounting in the control of public
expenditures in Nigeria, a case study of control bank of Nigeria, Enugu
State. The researcher adopted descriptive survey design. The
population of the study is the combination of internal audit department
staff and accounting department staff making it a total of 41. The
research used both primary and secondary source of data. In view of
this, three research questions were formulated to generate expected
answers. Literal works were reviewed for proper understanding and
guidance. Questionnaires, personal interview and observation were
used for collect of primary data. Secondary source of data were collect
from text books, periodical, articles and journals. Tables and simple
percentage were used for data analysis, hypothesis were tested using
chi-square statistics. Based on the findings, the researcher found out
that few of the staff were not following due accounting principles
thereby causing inadequate and improper pursuit of the accounting
records Omission of certain book-keeping records, improper audit. The
staff and management of central bank of Nigeria has now adopted
accounting standard, and the balance of power on NASC, financial
analyst government agencies and others. Finally the researcher
proffered among other use of accounting principle and standard in the
company.TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgement IV
Proposal VI
Table of content vii
CHAPTER ONE
INTRODUCTION
1.1 Background of the study 1
1.2 Statement of problem 5
1.3 Purpose of study 5
1.4 Significance of the study 6
1.5 Research questions 7
1.6 Research hypothesis 7
1.7 Scope and limitation of the study 8
1.8 Definitions of terms 9
References 10CHAPTER TWO
2.1 Review of related literature 11
2.2 Historical development of CBN
(A public company) 14
2.2.1 Ownership and control of CBN 17
2.2.2 Organization 19
2.3 Nature of accounting principles 23
2.4 Types of accounting principles 24
2.4.1 Factors affecting accounting principles 29
2.5 Budgeting and budgetary control 30
2.6 Standard costing of a tool of control 32
2.7 Role of accounting in public expenditure 37
2.8 Summary 38
References 39
CHAPTER THREE
3.1 Research methodology 40
3.2 Research design 40
3.3 Determination of sample size 40
3.4 Area of study 41
3.5 Population of study 41
3.6 Sample of study 413.7 Method of investigation 42
3.8 Method of data analysis 42
3.8.1sources of primary data 42
3.8.2 Source of secondary data 43
3.9 Development of research instrument 43
CHAPTER FOUR
4.1 Introductions 44
4.2 Presentations of data 44
4.3 Test of hypothesis and interpretation of result 54
4.3.1 Testing the first hypothesis 55
CHAPTER FIVE
5.1 Summary of findings 60
5.2 Conclusion 61
5.3 Recommendation 62
5.4 Recommendation for further 63
Appendix 1 64
Questionnaire 65
Bibliography 6
