The Accountability in Agricultural Sector (A Case Study of Kwara State Agricultural Development Project)

TABLE OF CONTENT

Title page                                                                       i

Approval page                                                                 ii

Dedication                                                                      iii

Acknowledgement                                                           iv

Table of Content                                                              ix

CHAPTER ONE

1.1          Introduction                                                          1

1.2          Problem of the Study                                             2

1.3          Aims and Objective of Study                                  3

1.4          Research Methodology                                          4

1.5           Organization of the study                                      5

CHAPTER TWO:

LETERATURE REVIEW

2.1       Accounting System                                                 7

2.2       Sources of Financial Information                             9

2.3       User of Accounting Information                               13

2.4        Criteria the Accounting System should meet            15

2.5        Accounting Records                                               17

2.6       Non-profit Making Organization                              19

2.7       Function of Accounting  Department                        20

2.8       Weakness of the System                                          21

                         References                                             22

CHAPTER THREE:

RESEARCH METHODOLOGY AND DESIGN OF THE STUDY

3.1       History of  kwara Agricultural Development Project          23

3.2       Sources of Data                                                               25

3.3       Personal Observation                                                       26

3.4       Organization of the Study

(kwara Agricultural Development Project)                                 27

3.5       Limitation of the Study                                                    31

References                                                                      32

CHAPTER FOUR:

DATA PRESENTATION AND ANALYSIS

4.1       Appraisal of the Accounting System                                 33

 Agricultural       Development Project                    

4.2       Financial Document and Reports                                      39

4.3       Receipts and PAYMENTS                                               39

4.4       Area office and Store Accounting                                     46

4.5       Population of Sampling Size                                             51

Findings                                                                         63

CHAPTER FIVE:

SUMMARY, CONCLUSION AND RECOMMENDATION 

5.1       Summary                                                                        64

5.2        Conclusion                                                                     64

5.3       Recommendation                                                            65

REFERENCES                                                                        67

1.1      INTRODUCTION

        Government accounting is the process of recording, analyzing, summarizing, communicating and interpreting financial information about government I aggregate and in detail, reflecting all transaction the receipt, transfer and disposition of government funds and property. This effect is as laid down in the Audit ordinance 1956 and the financial control and management ordinance of 1958. The provisions of these two ordinances have been integrated and additional provisions were made in the constitution of federation of Nigerian (1963). The purpose of the project however is to determine effectiveness and the appropriateness of the accounting in government establishment in order to support its continued use and hence modify it system as necessary.  To this effect, the accounting system of a typical government establishment (in this case Kwara Agricultural Development Project, Ilorin) has been analyzed in full, for a long period now, less attention has been paid to the government accounting system which makes it almost impossible to notice defects. The study will be a sort of X-ray on the government accounting system so as to notice any deflection from the provision of the ordinance, as well as suggest reasonable improvements on the existing system.