The title of this research work is, problems and prospects of local government finance/accounting in Nigeria” with particular reference to Nsukka Local Government Area, Enugu State.  It has been identified that accounting and financial reporting in the public sector particularly at the local government level was not given adequate attention.  In the course of carrying out this study, the following objectives among others were set which included.  The identification of major causes of maladies in the financial system of the local government; to examine the accounting department, to find out if it is manned by competent and qualified personnel, to examine whether the sources of income to the local government finances, to examine the various problems of the local government finances and accounts and to examine the prospects of improving the available sources of the local government finances. Two broad research methods were adopted in this study which were personal interviews was adopted. As a result of conscientious and of course painstaking study done, a lot of findings were made which included inter-alia, there was an ample proof that the greater number of local government’s employees are unqualified.  As a result, the following recommendations were proffered:  efforts to be intensified in the collection of revenue and continuously seek new avenues for local taxations, emphasis to be placed on the recruitment of qualified, experienced and well-trained personnel for the assessment, collection and general administration of local taxes and rates, design a sound system of budgetary control, installation of a system of internal control, projects to be evaluated and implemented, proper feasibility study to be carried out; and internal funding to be improved by its engagement in commercial ventures.

TABLE OF CONTENTS

INTRODUCTION

CHAPTER TWO:

CHAPTER FOUR

Summary of Findings, Recommendations and Conclusion.

Bibliography