A Social Accounting as a Method of Assessing the Impact Of Development Activation

A SOCIAL ACCOUNTING AS A METHOD OF ASSESSING THE IMPACT OF DEVELOPMENT ACTIVATION. A CASE STUDY OF NUKES LOCAL GOVERNMENT AREA  ENUGU STATE.

Much has been written extensively on local government accounting and finance despite its new nature. The writer therefore deemed it necessary to review some similar work of other writers. In the course of doing so, a review of government accounting, statutory base of government finance, sources of local government expenditure Patten and finance will be examined. The above hence formed the theoretical background of the study. [Read more…]

Auditing as an Aid to Accountability

Auditing as an Aid to Accountability

AUDITING AND ACCOUNTABILITY DEFINED – Auditing is regarded as one of the more recently established professions born out of the complexity of the modern business word. Stewardship is the practice by which productive resources owned by one person or group of persons is being entrusted under the care of person appointed by them to look after property.The process by which the manager accounts or reports to the owners of the business is called stewardship accounting. This reporting and accounting is usually done by means of financial statements. In order to verity the true and fairness of the report it has to be examined by an independent person an auditor.     [Read more…]