THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT A FOCUS ON A DEVELOPING ECONOMYSUCH AS NIGERIA

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INTRODUCTION
The basic economic problem that confronts an under developed or a developing  country and especially the new independent ones is how to attain within a relatively short period, a notable increase in the rate of economic growth which is envisaged will bring it to the level of perpetual real income comparable to those of more admired economics of the world. In order to attain this oval, the country would have to ;
1.provide those basic government services especially in education, public health and transport. These services will serve as fertile soil to advancing the nation’s economy.
2.Stimulate a higher rate of  capital formation in production facilities either in government or private sectors. The first accomplishment requires transportation on needed factors or resources to the governmental ;sector of the economy for the production of those services or facilities required by the entire populace.. The second accomplishment required transfer of resources to capital formation either strictly in the private sector or through the governmental sector.

These resources may come from
a.outside the control
b.present use for consumption
c.present use in production of capital of or types regarded as not contributing to economit growth.
d.Idle or partially idle resources primarily manpower. The above four sources off varying opportunity growth and it actually does it only by transfer existing resources to the appropriate quarter and profitable application of these to production attains within that relatively short period a level of standard of living comparable to those of  other more advanced countries of the world.

Accounting come in as the tool that measures the profitability/viability a project with an economic system.
Glanlier (1976) defines accounting as the systematic collection, summarization, and analysis and reporting of data in a form suitable and under stable to prospective users.
Generally, it involves some other related discipline as budgetary control taxation, cost and management accounting, financial management, auditing and quantitative techniques.
Since development project entails projection into the future, it is essential that public officers ;and employees in the private sector appreciat the need a transaction and necessary statistics as to enable the proper ;evaluation of past. Records with what obtains presently in order to reasonably project into the future.  Some of the practical ways in which accounting can be and is known to have been used not only for a decision making but also importantly to achieve desired results include.
1.Ecnomic planning
2.Capitalformation
3.Accountability
4.Taxation
5.Accounting for social purposes.
Accounting records provide information that may be used within the business and which may be relied on by businessmen while making investment decision.  The problem with most potential investors in the development nations is they are mostly illiterates and therefore required the services of any accountant and financial analyst to help access possible areas of investment. Budget implementation is another vital area where accounting knowledge is essential.
Most budgets are stated in accounting formula and their implementation will require that knowledge that will enable officials read  the budget as it affects their sector and even reflect on how other sectoral outlay may affect them.  It is due to the perennial lags in our civil service that the researcher decided to carry out an investigation into what are likely lags in the wheel program or growth of the civil service and thereby the nation.  The private sector employees are also caught  in this lapses but however, there seems to be more commitment on their part due to obvious reasons of ownership and direct supervision by entrepreneurs.  The proper functioning of financial system of a company determines to a good extent the viability of her economic structure.  That is why the researcher decided to show sets of accounts viz (profit and loss acco9unt and   value added statement) from unpetrol Nigeria PLC Annual Report and Account 1999.  This financial statements help users of such statements ascertain the viability of the company and it is prepared by chartered Accountant.

TABLE OF CONTENT
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT

CHAPTER ONE
1.0INTRODUCTION
1.1BACKGROUND OF THE STUDY
1.2PURPOSE OF THE STUDY
1.3SIGNIFICANCE OF THE STUDY
1.4STATEMENT OF THE PROBLEM
1.5HYPOTHESIS FORMULATION
1.6SCOPE AND LIMITATION OF THE STUDY
1.7DEFINITION OF TERMS



CHAPTER TWO
2.0Review of related literature
2.1Introduction. 
2.2The role of accounting in government and control of public enterprises.
2.3Analysis and interpretation of financial statements.
2.4Budget and budgetary control
2.5Management and control of public concern.
2.6Public enterprises and inefficiency
2.7Public enterprises and subsidies
2.8Waste of public resources
2.9Accountability and social objectives responsibility.

CHAPTER THREE
3.0Introduction
3.1Method of data collection
3.2Sample & Sampling
3.3Questionnaire administration
3.4Treatment of data for analysis

CHAPTER FOUR
4.0Presentation and analysis of date
4.1Presentation
4.2Analysis
4.3Test of Hypothesis/Interpretation of Result.

CHAPTER FIVE
5.0Summary of findings conclusions and recommendations
5.1Findings
5.2Conclusions
5.3Recommendations
5.4Bibliography
5.5Appendix
5.6Questionnaire.

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APA

Ugwu, A. (2018). THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT A FOCUS ON A DEVELOPING ECONOMYSUCH AS NIGERIA. Afribary. Retrieved from https://afribary.com/works/the-role-of-accounting-in-national-development-a-focus-on-a-developing-economysuch-as-nigeria-8021

MLA 8th

Ugwu, Anderson "THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT A FOCUS ON A DEVELOPING ECONOMYSUCH AS NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-role-of-accounting-in-national-development-a-focus-on-a-developing-economysuch-as-nigeria-8021. Accessed 04 Dec. 2022.

MLA7

Ugwu, Anderson . "THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT A FOCUS ON A DEVELOPING ECONOMYSUCH AS NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 04 Dec. 2022. < https://afribary.com/works/the-role-of-accounting-in-national-development-a-focus-on-a-developing-economysuch-as-nigeria-8021 >.

Chicago

Ugwu, Anderson . "THE ROLE OF ACCOUNTING IN NATIONAL DEVELOPMENT A FOCUS ON A DEVELOPING ECONOMYSUCH AS NIGERIA" Afribary (2018). Accessed December 04, 2022. https://afribary.com/works/the-role-of-accounting-in-national-development-a-focus-on-a-developing-economysuch-as-nigeria-8021