IEVALUATION OF FINANCIAL ABUSE IN THE PUBLIC SECTOR OF NIGERIA ( A CASE STUDY OF FEDERAL INLAND REVENUE SERVICE, )


IEVALUATION OF FINANCIAL ABUSE IN THE PUBLIC SECTOR OF NIGERIA ( A CASE STUDY OF FEDERAL INLAND REVENUE SERVICE, )

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 59 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

1,896 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
Excellent and professional research project topics and materials website. All the research tools, journals, seminars, essays, article, books, term papers and project materials for your research guide and final year projects are available here.

ABSTRACT

This research “work” financial Abuse in the public sector. An overview of federal inland revenue service entire relevant information towards the achievement of organizational goals. Therefore is the need for effective internal control. A system in order to give an organizational a sense of direction and allowing for it growth. The study sought to find out the financial management and waste in the public sector identify the key areas that cause all these abuse in the public sector and also to examine the method to be used in controlling the financial abuse.

Title page:………………………………………………………………………………….i

Declaration:……………………………………………………………………………….ii

Approval Page:…………………………………………………………………………..iii

Dedication:………………………………………………………………………………….iv

Acknowledgement:………………………………………………………………………v

Abstract:…………………………………………………………………………………….vii

Table of content……………………………………………………………………… viii

 

TABLE OF CONTENT

 

CHAPTER ONE

1.1                      Background of the study -      -      -      -      -      -      1

1.2                      Statement of the problem     -      -      -      -      -      6

1.3                      Objective of the study    -      -      -      -      -      -      7

1.4                      Statement of the hypothesis  -      -      -      -      -      8

1.5                      Significance of the study -      -      -      -      --    -      9

1.6                      Scope of the study -      -      -      -      -      -      -      9

1.7                      Historical background of FIRS -      -      -      -      -      10

1.8                      Definition of terms  -      -      -      -      -      -      12

CHAPTER TWO

2.0      Literature review    -      -      -      -      -      -      15

2.1  Definition of tax     -      -      -      -      -      -      15

2.2  Source of revenue to the federal government      -      19

2.3  External source of revenue    -      -      -      -      22

2.4  Internal control of funds in federal government    26

 

CHAPTER THREE

METHODOLOGY

3.1      Introduction    -      -      -      -      -      -      -      29

3.2      Population and sample size    -      -      -      -      31

3.3      Sampling technique -      -      -      -      -      -      32

3.4      Source and method of data collection   -      -      32

3.5      Method of data analysis  -      -      -      -      -      33

3.6      Justification for the choice     -      -      -      -      34

CHAPTER FOUR

3.0      Data presentation, analysis and interpretation

4.1      Introduction    -      -      -      -      -      -      -      35

4.2      Data presentation and analysis      -      -      -      38

4.3      Testing of hypothesis and interpretation       -      -      38

4.4      Summary of findings      -      -      -      -      -      41

CHAPTER FIVE

Summary, conclusion and recommendation

5.1      Summary -      -      -      -      -      -      -      -      44

5.2      Conclusion      -      -      -      -      -      -      -      46

5.3      Limitation of the study   -      -      -      -      -      50

5.4      Recommendations -      -      -      -      -      -      51

References      -      -      -      -      -      -      -      54

Appendix/appendices.


CHAPTER ONE

BACKGROUND OF THE STUDY

The main objective of writing this project “on the evaluation of financial abuse in the federal inland revenue service” is to bring to the notice of the readers the source from which government derived its revenue and how its expenditure controlled and also to identify the evaluation of financial  abuse in the federal inland revenue service and some control measure which the government can adopt in order to present the financial abuse in federal inland revenue service.

 

The appropriate govern46ment organ institution on largely responsible for the collection of tax is the federal inland revenue service while the office responsible for the accountability of the money collected on behalf of the government is the revenue mobilization and fiscal commission operated as a department in the federal ministry of finance.

As part of the re-organization the federal government of Nigeria found it necessary to create revenue division from federal ministry of finance. This made it an autonomous body known as Federal Inland Revenue service, the board become more effective in collection of revenue for the federal government.

 

Financial abuse in the public sector is an attempt by which the government allows the financial mismanagement, embezzlement and wastes in it’s sector and to identify the various key area that course all abuse in the public sector and also examine the method to used. All abuses therefore this research would go deeply into the plan in the organization in the financial aspects, check the accuracy and reliability of the accounting clate promote operational efficiency .and encourage adherence to prescribed official ‘polices and guideline.

In consideration of this topic, therefore is that there must be some element in which every organization must adopts the ones that are necessary for the controlling some financial transactions in that organization custody and security of Assets. The background of the study is to identify the various source of revenue for federal in land revenue service are as ‘follows, VAT, Personnel Income Tax, Custom Duties Company Income Tax, Education Taxe Capital Gain Tax, Import Duties and Export Duties Petroleum Profit Tax, etc are allocated to the various department project and to examine the financial record of federal inland revenue service to know whether there is adequate system of internal control in the organization. The evaluation of financial abuse in the federal Inland Revenue service encountered some likely peculiar issue has regarding to financial record accuracy of the tax administration in Nigeria have received a lot of attention and commentance, some people have advocated for an over haul of over system. That we should do things that are peculiars to Nigeria environment and these that are not should be left out. The board is faced with a lot of problems which include:

1.  SHORTAGE OF PERSONNEL: The personnel department play an important role in the system of revenue collection in the state, this shortage of staffs is capable of impairing the objective time of maximizing personnel income tax revenue by 1996. The senior officials in the federal inland revenue services of intend revenue was 286 but present were 354, the reduction percent was at minimum of 50%.

2.  PROBLEM OF ASSESSMENT TAX: Assessment problem centres among the location of the personnel income tax and the determination of his assessable income, effectiveness within the content of personnel income tax administration may be measured in terms of the ratio of actual to potential coverage.

3. CURRUPTION AMONG TAX PAYER: The tax payer default in paying the exactly amount by bribe of the tax collector in order to reduce the actual amount collected as a taxes.

4. CORRUPTION AMONG TAX OFFICIALS: In the processing of collection of the revenue tax, officials must especially the tax collector print their receipt booklet and issued to the tax payer without their knowledge and mea ‘while that the duplicate carries is not what the original was reading, they may use carbon paper to the duplicate, at time the revenue collector would received the money from the tax payer with out even issue of receipt to them.

IEVALUATION OF FINANCIAL ABUSE IN THE PUBLIC SECTOR OF NIGERIA ( A CASE STUDY OF FEDERAL INLAND REVENUE SERVICE, )

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

Project Information

  • CATEGORY : ACCOUNTING
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 59 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Recent Topics

Do you need a writer for your academic work?

A Review on ievaluation of financial abuse in the public sector of nigeria ( a case study of federal inland revenue service, ), ievaluation, financial, abuse project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
This research “work” financial Abuse in the public sector. An overview of federal inland revenue service entire relevant information towards the achievement of organizational goals. Therefore is the need for effective internal control. A system in order to give an organizational a sense of direction and allowing for it growth. The study sought to find out the financial management and waste in the public sector identify the key areas that cause all these abuse in the public sector and also to examine the method to be used in controlling the financial abuse... accounting project topics

IEVALUATION OF FINANCIAL ABUSE IN THE PUBLIC SECTOR OF NIGERIA ( A CASE STUDY OF FEDERAL INLAND REVENUE SERVICE, )