ABSTRACT
The objective of this study was to explore the challenges facing the Tanzanian Local Government Authorities (LGAs), in the preparations and presentations of financial statements and suggest recommendations to be taken to address those challenges. A case study methodology with a qualitative approach was employed in the investigation. Methods used to collect data were semi- structured interview, focus group discussions, and documentary analysis. Respondents of this study were selected using purposive sampling technique, and data were analyzed by using descriptive and qualitative analysis techniques. The study found out that, major challenges which face Dodoma Municipal Council (DMC) in the preparations and presentations of financial statements include challenges associated with internal control systems, challenges associated with capacity building, and challenges associated with financial matters. The study recommends that, LGAs should abide to approved accounting standards issued by NBAA, strengthening the LGAs audit committee and internal audit functions, full utilization of integrated financial management system, strengthening financial statements processes and enhance risk management frame work. In addition, in order to improve the preparations and presentations of financial statements the Central Government should timely disburse the approved funds to LGAs and also should employ adequate accountants for LGAs
Mbogella, A (2021). Challenges Facing Tanzanian Local Government Authorirties In The Preparation And Presentation Of Financial Statements: A Case Study Of Dodoma Municipal Council. Afribary. Retrieved from https://afribary.com/works/challenges-facing-tanzanian-local-government-authorirties-in-the-preparation-and-presentation-of-financial-statements-a-case-study-of-dodoma-municipal-council
Mbogella, Amani "Challenges Facing Tanzanian Local Government Authorirties In The Preparation And Presentation Of Financial Statements: A Case Study Of Dodoma Municipal Council" Afribary. Afribary, 22 May. 2021, https://afribary.com/works/challenges-facing-tanzanian-local-government-authorirties-in-the-preparation-and-presentation-of-financial-statements-a-case-study-of-dodoma-municipal-council. Accessed 05 May. 2024.
Mbogella, Amani . "Challenges Facing Tanzanian Local Government Authorirties In The Preparation And Presentation Of Financial Statements: A Case Study Of Dodoma Municipal Council". Afribary, Afribary, 22 May. 2021. Web. 05 May. 2024. < https://afribary.com/works/challenges-facing-tanzanian-local-government-authorirties-in-the-preparation-and-presentation-of-financial-statements-a-case-study-of-dodoma-municipal-council >.
Mbogella, Amani . "Challenges Facing Tanzanian Local Government Authorirties In The Preparation And Presentation Of Financial Statements: A Case Study Of Dodoma Municipal Council" Afribary (2021). Accessed May 05, 2024. https://afribary.com/works/challenges-facing-tanzanian-local-government-authorirties-in-the-preparation-and-presentation-of-financial-statements-a-case-study-of-dodoma-municipal-council