One of the most researched and least understood variables of public sector accounting is how the accountability and stewardship of financial control is conducted.  People have been speculating on how the funds generated are managed but now researchers have conducted systematic investigation of funds and leakage in local government revenue system.

Even with this, there is still an increasing difficulty and doubts in establishing the fact that the revenue generated are put in good use.

There is also an evaluation of the source of revenue to the local government, and the impact of financial control system in the local government revenue system particularly the revenue collection points where all derivable revenues are kept for safe custody.

Secondly, to find out if really there is grant from the federal and state government to the local government areas and how it’s being spent.

Finally to know the reason, the local government cannot employ their resources in funding projects.

Findings and recommendations have gone a long way to establish proper financial control system in local government and it’s improvement