Home»Accountancy» Linear assessment of financial reporting and audit performance of local government

Linear assessment of financial reporting and audit performance of local government

 Department:Accountancy  
 By:usericon AdeleyeJoshua  

 Project ID: 9651
 Rating:  (5.0) votes: 1
   Price:₦5000
Abstract
This study is on the linear assessment of financial reporting and audit performance of Local Government using Kabba-Bunu Local Government as the study area. The objective of the study is to find out whether the lack of full and adequate reporting of all financially quantifiable resources of government has any impact on financial reporting and audit performance of the local government and to examine whether there is a significant relationship between financial reporting and audit performance of the local government. The research method for this study is a survey design.  Data for the study were gathered from both primary and secondary sources.  The population of the study is six hundred and fifty (650) out of which 248 were selected as the sample size. The findings revealed that financial reporting and audit performance have a positive impact on the performance of Kabba-Bunu Local Government.  The study recommends that all income and expenditure of the local government with regard to revenues generated internally should be properly recorded and accounted for. There should be regular evaluation of control in order to determines their effectiveness in operation and identify weaknesses, so that corrective measures can be taken. ...
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