GOVERNMENTAL ACCOUNTING FOR PUBLIC-PRIVATE INVESTMENTS: This research aims to (i) analyze the current accounting practices for public-private investments, (ii) identify the challenges in financial management of these investments, and (iii) propose strategies for improving financial reporting and accountability. A survey design is utilized to collect data from accountants and financial managers involved in public-private partnerships. The sample size of 330 respondents, determined using Taro Yamane's formula, ensures adequate representation. The case study focuses on Lagos, selected for its numerous public-private investment initiatives. The survey instrument's reliability coefficient score is 0.85. Findings indicate significant challenges in accounting for public-private investments, including issues with transparency and financial management. Recommendations emphasize the need for adopting standardized accounting practices and enhancing the training of financial personnel to manage these complex financial arrangements effectively.
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AIMS/OBJECTIVES OF THE PROJECT
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BACKGROUND TO THE STUDY
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