APPLICATION OF RESPONSIBILITY ACCOUNTING IN IMPROVING ACCOUNTABILITY IN LOCAL GOVERNMENT ADMINISTRATION: A STUDY OF DASS LGA
- Project Research
- 1-5 Chapters
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- Table of Content: Available
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- NGN 5000
Background of the Study
Responsibility accounting is a system of accounting that assigns accountability for revenues, expenses, and performance to specific departments, managers, or individuals within an organization. In the context of local government, responsibility accounting can enhance transparency and accountability by ensuring that each department is held accountable for its financial outcomes. Dass LGA, like many local governments, faces challenges in ensuring financial accountability and transparency, which can lead to mismanagement of public funds. This study will examine how responsibility accounting can be applied in Dass LGA to improve accountability in local government administration, ensuring that funds are properly allocated and utilized for the benefit of the community.
Statement of the Problem
Dass LGA struggles with issues related to financial accountability, with reports of budget mismanagement and lack of transparency in fund utilization. The implementation of responsibility accounting has the potential to address these issues by clearly assigning financial accountability to responsible parties. This study will explore how responsibility accounting can enhance accountability and transparency in Dass LGA.
Aim and Objectives of the Study
Aim: To assess the application of responsibility accounting in improving accountability in local government administration in Dass LGA.
Objectives:
- To evaluate the extent to which responsibility accounting is applied in Dass LGA.
- To examine the impact of responsibility accounting on financial accountability and transparency in Dass LGA.
- To identify the challenges faced in implementing responsibility accounting in Dass LGA.
Research Questions
- To what extent is responsibility accounting applied in Dass LGA?
- How does responsibility accounting impact financial accountability in Dass LGA?
- What challenges hinder the effective implementation of responsibility accounting in Dass LGA?
Research Hypothesis
- H₀: Responsibility accounting does not significantly improve financial accountability in Dass LGA.
- H₀: There is no significant relationship between the application of responsibility accounting and financial transparency in Dass LGA.
- H₀: Challenges in implementing responsibility accounting do not significantly affect financial accountability in Dass LGA.
Significance of the Study
This study will highlight the importance of responsibility accounting in improving financial accountability and transparency in local government administration, providing recommendations for its effective application in Dass LGA.
Scope and Limitation of the Study
The study will focus on Dass LGA and examine the application of responsibility accounting in local government administration. Limitations include potential resistance from local government officials in disclosing financial data and challenges in obtaining accurate records of financial transactions.
Definition of Terms
- Responsibility Accounting: A system of accounting that assigns financial accountability to specific departments or individuals within an organization.
- Financial Accountability: The obligation of public officials and departments to manage financial resources responsibly and transparently.
- Local Government Administration: The system through which public services and resources are managed at the local government level.
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