THE IMPORTANCE OF ACCOUNTING ON ORGANIZATION’S EFFECTIVENESS
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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
Account Number: 0117780667.
Swift Code: GTBINGLA
Dollar conversion rate for Naira is 175 per dollar.
ATM CARD: YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY.
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>DELIVERY PERIOD FOR BANK PAYMENT IS LESS THAN 24 HOURS
CALL OUR CUSTOMERS CARE OKEKE CHIDI C ON : 08074466939,08063386834.
AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO
08074466939 or 08063386834, YOUR PROJECT TITLE YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.
WE HAVE SECURITY IN OUR BUSINESS.
The research work attempts to determine the nature and purpose of depreciation and capital with respect to long use assets of enterprises and organizations and determining ways of optimizing these purposes for the benefit of these enterprises and organization.
The research study will be of benefit to enterprises and organization that have standing depreciation policies and other enterprises that do not have any depreciation policy apparently because they do not have the where withal or have not grasp the purposes and role of depreciation with respect to long use asset and profit recognition.
A write up has been done in chapter 2 to illustrate the calculation and other accounting treatment of selected depreciation methods and capital allowances for the benefit of enterprises and or persons who may not have had a proper understanding of them.
The research study was carried out in Enugu and its environ and may move appropriately reflect the trend in Nigeria. The problems identified and recommendations made may not have been one hundred percent exhaustive.
TABLE OF CONTENT
CHAPTER ONE
1.1 STATEMENT OF STUDY 3
CHAPTER TWO
ACCOUNTING 12
CHAPTER THREE
3.1 FINDINGS 23
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND OF THE STUDY
Universally it is a well-known fact that the management and control of public fund determine the success of all governmental activities and it is also at the heart of government administration hence, the need for an acceptable accounting system that will comprehensively offer solution to the accounting problem of the government and society.
The management and control of public fund are governed by the finance (Control and management) act of 1988. This was as a result of the constitutional amendment of 1957, which inserted sub section 154A to into section 154 which deals with the operation of the consolidated revenue fund. The principles of this act forms the base of finance act which had a slight change in the 1996 and 1989 constitution furthermore, government accounting is regulated by section 129. 148 of the constitution, laws enacted by government in power, the finance (control and management) act of 1958 and by decrees and acts which were promulgated.
The Federal Ministry of Finance performs the duty of management and control of public funds which is directly the peculiar responsibility of the treasury now referred to as the office of the Accountant General the treasury’s function and duties are streamlined to as set of guide where expenditure and receipts for the year hence, no receipt or expenditure are transferred to the next accounting period.
The rules and regulation governing he accounting practices (Management and Control of Public Funds) are contained in the financial regulation treasury, accounting manual and treasury (FR 519 the provision states that “Before making any payment a sub-accounting office will satisfy himself so far as he is in a position to do so that:-
These basic functions are services rendered by the treasury.
The treasury as a customers or public fund is responsible for
Providing a retailed credible of all public and that Federal Ministry Department being part of the treasury is also vested with the same responsibility.
However, the treasury is faced with numerous problems that tend to hinder the effectiveness of this accounting system.
The following problem are therefore identified with a view to funding this solution so that credible accounting system will rescuer.
Delay
Download our android mobile app for more materials
ORDER NOW
COMPLETE MATERIAL COST N2,500 Or $10. FRESH PROJECT MATERIAL COST 50,000 NAIRA FOR UNDERGRADUATE, OTHERS 100,000 -200,000 NAIRA.
THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
MAKE YOUR PAYMENT INTO ANY OF THE FOLLOWING BANKS:
GTBANK
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
Account Number: 0117780667.
Swift Code: GTBINGLA
Dollar conversion rate for Naira is 175 per dollar.
ATM CARD: YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY.
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>DELIVERY PERIOD FOR BANK PAYMENT IS LESS THAN 24 HOURS
CALL OUR CUSTOMERS CARE OKEKE CHIDI C ON : 08074466939,08063386834.
AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO
08074466939 or 08063386834, YOUR PROJECT TITLE YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.
WE HAVE SECURITY IN OUR BUSINESS.
MONEY BACK GUARANTEE
ABSTRACT
The research work attempts to determine the nature and purpose of depreciation and capital with respect to long use assets of enterprises and organizations and determining ways of optimizing these purposes for the benefit of these enterprises and organization.
The research study will be of benefit to enterprises and organization that have standing depreciation policies and other enterprises that do not have any depreciation policy apparently because they do not have the where withal or have not grasp the purposes and role of depreciation with respect to long use asset and profit recognition.
A write up has been done in chapter 2 to illustrate the calculation and other accounting treatment of selected depreciation methods and capital allowances for the benefit of enterprises and or persons who may not have had a proper understanding of them.
The research study was carried out in Enugu and its environ and may move appropriately reflect the trend in Nigeria. The problems identified and recommendations made may not have been one hundred percent exhaustive.
TABLE OF CONTENT
CHAPTER ONE
- BACKGROUND OF STUDY 1
1.1 STATEMENT OF STUDY 3
- OBJECTIVE OF STUDY 4
- SCOPE OF STUDY 5
- LIMITATION OF STUDY 6
- DEFINITION OF TERMS 6
CHAPTER TWO
- NATURE OF GOVERNMENT ACCOUNTING 9
- PROCEDURE FOR GOVERNMENT
ACCOUNTING 12
- FINANCIAL CONTROL 15
- CONTROL TECHNIQUE 17
- TREASURY CONTROL 18
- REVENUE CONTROL 19
- EXPENDITURE CONTROL 20
- DEPARTMENT CONTROL 21
- SUMMARY OF RELATED REVIEW LITERATURE22
CHAPTER THREE
- SUMMARY 23
3.1 FINDINGS 23
- RECOMMENDATION 25
- REFERENCE 26
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND OF THE STUDY
Universally it is a well-known fact that the management and control of public fund determine the success of all governmental activities and it is also at the heart of government administration hence, the need for an acceptable accounting system that will comprehensively offer solution to the accounting problem of the government and society.
The management and control of public fund are governed by the finance (Control and management) act of 1988. This was as a result of the constitutional amendment of 1957, which inserted sub section 154A to into section 154 which deals with the operation of the consolidated revenue fund. The principles of this act forms the base of finance act which had a slight change in the 1996 and 1989 constitution furthermore, government accounting is regulated by section 129. 148 of the constitution, laws enacted by government in power, the finance (control and management) act of 1958 and by decrees and acts which were promulgated.
The Federal Ministry of Finance performs the duty of management and control of public funds which is directly the peculiar responsibility of the treasury now referred to as the office of the Accountant General the treasury’s function and duties are streamlined to as set of guide where expenditure and receipts for the year hence, no receipt or expenditure are transferred to the next accounting period.
The rules and regulation governing he accounting practices (Management and Control of Public Funds) are contained in the financial regulation treasury, accounting manual and treasury (FR 519 the provision states that “Before making any payment a sub-accounting office will satisfy himself so far as he is in a position to do so that:-
- The expenditure has been authorized by warrant and the voucher correctly classified in accordance with the estimates.
- The information furnished on the voucher is correct in all particulars, the certificates on the voucher signed by the proper officer.
- All proper deductions from salaries or pension account of contribution repayment of advance or other liabilities have been duly made.
These basic functions are services rendered by the treasury.
- STATEMENT OF THE PROBLEM
The treasury as a customers or public fund is responsible for
Providing a retailed credible of all public and that Federal Ministry Department being part of the treasury is also vested with the same responsibility.
However, the treasury is faced with numerous problems that tend to hinder the effectiveness of this accounting system.
The following problem are therefore identified with a view to funding this solution so that credible accounting system will rescuer.
- Inadequate staffing
- Inadequate method of revenue collection and control
Delay
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