An Examination of the Effectiveness of Cash-Based Accounting in Public Expenditure Tracking in Nigeria: A Study of Abia State Government
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Cash-based accounting is widely used in public sector financial management, focusing on recording transactions when cash is received or paid. In Nigeria, this method is prevalent in tracking public expenditures, particularly at the state level. Abia State, like many Nigerian states, faces challenges in managing public funds effectively, leading to delays in project execution and allegations of corruption (Nwachukwu & Eze, 2023).
The adoption of cash-based accounting systems is intended to enhance transparency and accountability in public expenditure tracking. However, the effectiveness of this method has been questioned, especially in detecting fraudulent activities and ensuring timely budget implementation (Onyeji & Chukwu, 2024). This study examines the effectiveness of cash-based accounting in tracking public expenditures in Abia State.
Statement of the Problem
Public expenditure tracking in Nigeria is fraught with inefficiencies, including delayed payments, poor financial records, and mismanagement. In Abia State, these issues have contributed to the underutilization of public funds and reduced public trust in government institutions (Adedeji & Opara, 2025).
While cash-based accounting is designed to promote transparency, its limitations, such as the inability to capture future liabilities, may hinder its effectiveness. This study explores how cash-based accounting affects public expenditure tracking in Abia State and identifies areas for improvement.
Objectives of the Study
- To evaluate the effectiveness of cash-based accounting in tracking public expenditures in Abia State.
- To identify the limitations of cash-based accounting in public expenditure tracking.
- To propose strategies for improving expenditure tracking systems in Abia State.
Research Questions
- How effective is cash-based accounting in tracking public expenditures in Abia State?
- What are the limitations of cash-based accounting in public expenditure tracking?
- What strategies can improve public expenditure tracking in Abia State?
Research Hypotheses
- Cash-based accounting significantly enhances public expenditure tracking in Abia State.
- Limitations of cash-based accounting negatively affect its effectiveness in public expenditure tracking.
- Improved accounting strategies enhance the efficiency of public expenditure tracking in Abia State.
Scope and Limitations of the Study
The study focuses on the use of cash-based accounting for public expenditure tracking in Abia State from 2015 to 2024. Limitations include challenges in obtaining accurate financial records and reliance on secondary data.
Definition of Terms
- Cash-Based Accounting: An accounting method where transactions are recorded when cash is exchanged.
- Public Expenditure Tracking: The process of monitoring how government funds are allocated and spent.
- Transparency: Openness in financial reporting and decision-making processes.
Related Project Materials
An Evaluation of GDP’s Influence on National Savings Rates in Nigeria
Background of the Study
National savings are vital for financing domestic investment, reducing reliance on foreign capital...
The effect of bilingualism on neural correlates of language comprehension in Igbo speakers in Enugu
Background of the Study
Bilingualism has long been associated with significant neurocognitive adaptations, and its effects on language co...
The impact of informal education on improving school attendance among primary school students in Potiskum Local Government Area, Yobe State
Background of the Study
School attendance is a critical determinant of academic achievement, yet many primary schools in P...
THE IMPACT OF JOB SATISFACTION AND WORKERS PERFORMANCE IN THE HEALTH SECTOR
Background to the Study
Nigeria is one of several nations that has been impacted by a "brain drain...
An Examination of Economic Integration’s Effects on Job Creation in Nigeria: Evidence from ECOWAS (2000–2020)
Background of the Study :
Economic integration within regional blocs such as ECOWAS aims to enhance trade, investment, and overall econom...
Optimization of Virtual Reality Tools for Industrial Safety Training in Kaduna, Kaduna State
Background of the Study
Industrial safety training is critical for reducing workplace accidents and ensuring the well-bein...
An appraisal of the role of women in community security initiatives in Ningi Local Government Area, Bauchi State
Chapter One: Introduction
1.1 Background of the Study
The role of women in community security in...
An appraisal of INEC’s effectiveness in conducting free and fair elections in Jalingo Local Government Area, Taraba State.
Background of the Study
The Independent National Electoral Commission (INEC) plays a crucial role in ensuring the conduct o...
EFFECTIVENESS OF LASTMA ON TRAFFIC MANAGEMENT
-
-
Background to the Study
-
Traffic management is the practice...
An appraisal of product rebranding campaigns on consumer perception: A study of a legacy brand in Kaduna, Nigeria
Background of the study
Product rebranding campaigns are essential for legacy brands aiming to modernize their image and a...
