A Critical Evaluation Of Nigeria Local Government Accounting System And Financial Reporting (a Case Study Of Aguata Local Government)

ABSTRACT This study designed to review overall financial reporting pattern and accounting basis prevalent in our local government make proper practical suggestion to improve the quality of financial reporting. Five research questions and two hypotheses were employed. Local government accounting and financial reporting aimed at providing an effective and efficient system to safe guarded the resources entrusted on them obvious problem of the topics of the study includes- lack qualified accounting personnel inadequacy of the basis of accounting and financial reporting prevalent in our local gove…