Background of the Study
Effective expenditure management is crucial for the sustainability of local government operations, especially in Hadejia Local Government Area (LGA). Without proper monitoring, public funds may be misallocated, leading to inefficiency and financial mismanagement. Cost accounting techniques, such as budgeting, variance analysis, and cost forecasting, offer tools to track and manage government expenditures. By implementing these practices, local government authorities can ensure that funds are utilized effectively and transparently, improving financial accountability (Horngren et al., 2013).
This study aims to explore the role of cost accounting in monitoring expenditures in Hadejia LGA, with a focus on improving financial oversight and accountability in public spending.
Statement of the Problem
Hadejia LGA faces challenges in effectively managing and monitoring its expenditures. Inefficiencies, lack of transparency, and poor financial oversight can result in resource mismanagement. This study investigates how cost accounting can help monitor and control expenditures in Hadejia LGA, improving financial performance and accountability.
Aim and Objectives of the Study
The aim of this study is to examine the role of cost accounting in monitoring expenditures in Hadejia LGA.
The objectives are:
Research Questions
Research Hypotheses
Significance of the Study
This study will provide insights into how cost accounting can improve financial oversight in Hadejia LGA, benefiting government officials and policymakers in better managing public resources. The findings will help in optimizing the allocation of funds to various sectors and improving transparency in government spending.
Scope and Limitation of the Study
The study will focus on public sector expenditures in Hadejia LGA, particularly in relation to infrastructure, health, and education. Limitations include potential challenges in accessing detailed financial records and the reluctance to share sensitive budgetary information.
Definition of Terms
BACKGROUND OF THE STUDY
Employee disengagement is one very serious unnerving issue that results in anxi...
Background of the Study
Accurate financial reporting is essential for ensuring transparency, accountabi...
ABSTRACT
Antibacterial activity of honey obtained from two different locations in Enugu State (Nsukka & Ugwuaji) Nigeria on Staphyloc...
Background of the Study
Taxation policies are integral to attracting and retaining Foreign Direct Inves...
Abstract:
The objectives of this study are to (1) explore the impact of strategic financial management on...
ABSTRACT: The role of vocational education in promoting smart grid technologies is critical for developing a workforce proficient in advanced...
THE ROLE OF PUBLIC ACCOUNTANTS IN INTERNAL AUDIT FUNCTIONS
ABSTRACT
This study investigates the role of public accountants in i...
ABSTRACT
The topic “Automated forensic auditing and fraud control in Nigeria” is a critical concept in modern days accounting...
ABSTRACT
This study evaluated the antilipidemic activity of water extracts from leaves of Desmodium velutinum on albino wistar rats. The...
Background to Study
Education is the power that is destined to remove all artificial inequalities and l...