Generally speaking, this academic work “THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT”, shows how accounting play a major role in the sustenance of economic viability, political stability and social harmony in any given state or nation. The reason for this obvious fact as regarding our national development is not far fetched considering the enormous multisectoral dimension of Nigerian economic activities both in the public and private sector.
The first chapter tries to introduce the growth and development of a country and often its problems and possible solutions for a sustainable economy.
However, the second chapter deals with the important role which accounting play in a given society and how it measures the profitability and viability of any project. It also emphasizes accounting based on the activities of government. It equally relate the importance of accounting records in economic planning and its control within an economic system.
Finally, the third chapter, tries to summarize, make discussion upon the summary of findings, make necessary conclusion and recommendations.
Therefore, it should be noted that given to enormous and variant economic base of Nigeria, her urge economic market and a comparatively large multisectoral business transactions that sometimes involve heavy financial investment on the part of the government, the need for properly coordinated accounting is more than ever inevitable.
TABLE OF CONTENTS
Table of contents
1.2Significance of study
1.3Limitation of study
1.4Definition of terms
2.0Review of related literature
2.1The role of accounting
2.2Accounting in the activities of government
2.3Planning and forecasting
2.5Importance of accounting
2.6Accounting control within an economic system
2.6Investment decisions and accounting
3.0Summary of findings
3.1Discussion of findings
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