THE ROLE OF ACCOUNTING FOR PUBLIC GRANTS AND SUBSIDIES:
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
THE ROLE OF ACCOUNTING FOR PUBLIC GRANTS AND SUBSIDIES: This research aims to (i) analyze the current practices in accounting for public grants and subsidies, (ii) identify the challenges in managing these financial aids, and (iii) propose improvements to ensure transparency and accountability. A survey design is utilized to gather comprehensive data from accountants and financial managers involved in public grants and subsidies. The sample size of 335 respondents, determined using Taro Yamane's formula, ensures the representativeness of the data. The case study focuses on Enugu, selected for its significant public grant programs. The reliability coefficient score of the survey instrument is 0.86. Findings indicate substantial challenges in tracking and reporting grants and subsidies, including issues with compliance and transparency. Recommendations emphasize the need for more robust tracking systems and enhanced training for accountants to manage these funds effectively.
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