Home»Accountancy» Accounting as a basis for managing public expenditure - case study of Imo State Education Board

Accounting as a basis for managing public expenditure - case study of Imo State Education Board

 Department: Accountancy  
 By: usericon Arinze1  

 Project ID: 5097
   Rating:  (3.3) votes: 6
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The increase in inadequacy and inefficiency in the accountability of public expenditure due to misappropriation of public funds have put to question that inequity of reliability of those entrusted with the accountability of public expenditure, the nonchalant attitude of government employees in the performance of their duties as related to accounting, needs much to be desired, since they usually have an ugly notion that government funds belong to nobody and as such they intend to exercise little or no care in making expenditure including the government. It is clear that no organization will grow without maintaining adequacy, efficiency and accountability. However, it is obvious that some organization has been closed up or folded up due to the fact that their funds were not adequately managed....
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