THE INFLUENCE OF ACCOUNTANT IN THE IMPLEMENTATION OF BEST PRACTICE (ACCOUNTABILITY, PROBITY AND TRANSPARENCY): (A STUDY OF ACCOUNTANTS IN THE OFFICE OF THE ACCOUNTANT GENERAL FOR THE FEDERATION)
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THE INFLUENCE OF ACCOUNTANT IN THE IMPLEMENTATION OF BEST PRACTICE (ACCOUNTABILITY, PROBITY AND TRANSPARENCY): (A STUDY OF ACCOUNTANTS IN THE OFFICE OF THE ACCOUNTANT GENERAL FOR THE FEDERATION)
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF THE STUDY:
Corruption and looting of public treasury is a major problem
in the public sector accounting. Report from office of statistics Lagos show
that our accounting records are balanced in arrears and our financial records
are hardly balanced daily, weekly, quarterly, half-yearly and yearly basis as
appropriate. This was evidenced by Chief Olusegun Obasanjo during his first
maiden address to the nation immediately he was sworn-in as the President of
the federal republic of Nigeria on the 29th day of May 1999. He stressed that
accountability, probity and transparency has suffered a lot set-back especially
in the civil service. He therefore suggested that some of the best ways to
eliminate this ill in the Nigerian public service are;
The effective use of public accounts; The use of effective
legislation;
The effective implementation of government policies
programs;
The effective use of auditors of the federal republic of
Nigeria among others.
He therefore concluded by saying “when we consider how the
public accounting and auditing can grow and develop, we are concerned not only
with helping the public accountant or the auditor fill their position,
THE INFLUENCE OF ACCOUNTANT IN THE IMPLEMENTATION OF BEST PRACTICE (ACCOUNTABILITY, PROBITY AND TRANSPARENCY): (A STUDY OF ACCOUNTANTS IN THE OFFICE OF THE ACCOUNTANT GENERAL FOR THE FEDERATION)
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Corruption and looting of public treasury is a major problem in the public sector accounting. Report from office of statistics Lagos show that our accounting records are balanced in arrears and our financial records are hardly balanced daily, weekly, quarterly, half-yearly and yearly basis as appropriate. This was evidenced by Chief Olusegun Obasanjo during his first maiden address to the nation immediately he was sworn-in as the President of the federal republic of Nigeria on the 29th day of May 1999. He stressed that accountability, probity and transparency has suffered a lot set-back especially in the civil service. He therefore suggested that some of the best ways to eliminate this ill in the Nigerian public service are;.. accounting project topics
THE INFLUENCE OF ACCOUNTANT IN THE IMPLEMENTATION OF BEST PRACTICE (ACCOUNTABILITY, PROBITY AND TRANSPARENCY): (A STUDY OF ACCOUNTANTS IN THE OFFICE OF THE ACCOUNTANT GENERAL FOR THE FEDERATION)