THE ROLE OF GOVERNMENTAL ACCOUNTING METHODS FOR SOCIAL WELFARE PROGRAMS
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- NGN 5000
THE ROLE OF GOVERNMENTAL ACCOUNTING METHODS FOR SOCIAL WELFARE PROGRAMS
Abstract
This research explores the role of governmental accounting methods in the management and reporting of social welfare programs. The objectives are to assess the effectiveness of current accounting practices in social welfare programs, to identify challenges, and to propose strategies for improvement. A survey research design was employed, collecting data from government accountants and social welfare officers. The sample size of 370 was determined using Taro Yamane's formula from a population of 170,000, ensuring statistical validity. The case study was conducted in Enugu, known for its structured social welfare programs. The reliability coefficient score of the survey instrument was 0.87, indicating high reliability. Findings reveal that while current accounting practices have improved transparency and accountability, challenges such as inadequate funding and lack of standardized reporting frameworks persist. The study recommends developing comprehensive accounting guidelines for social welfare programs and increasing funding for capacity building to enhance transparency and accountability.
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