ABSTRACT
The study examined the appraisal
of local government audit system with respect to revenue generation and
overhead cost reduction, a case study of four (4) selected local government in
Abia State. Local government is faced with various types of problem which
include; embezzlement, receipt of huge kick back, contract inflation, poor
decision making, improper recording, analyzing, interpreting and communicating
of policy of down streams, the hierarchy and large scale of salaries, this is
because the internal control system is defective via change in government and
government policies.The literature review is written under the following, the
two various sources of data; primary data which include personal interview,
lectures and observation. While the secondary data are text books and journals.
The review of the related literature expresses the nature and purpose of
auditing in local government and its government control of expenditure
mechanisms such as legislative control, executive control, ministerial control
and audit control. Where control is in placed on auditing, there will be an
appropriate financial report and review of financial statement. The population
of the study was forty-eight which was distributed after repeated visit
forty-three was returned. This sample size forty-three was used to analyze the
research question using descriptive tool, and testing the hypothesis with
chi-square. In the local government, it was observed that the auditors are not
independent because they are employees of the government, the audit staff
should be given total independence for them to work effectively. In other to
produce efficient result. The local government lack the use of computer system
which could be sued for documentation, of most material records. Where computer
system is not available it will cdntinue to increase the paper work and
occupation of most vital document, local government should be a matter of
urgency embark on computer programme which will not only help to reduce paper
work but enhances easy access to document in the council and eliminate the inconveniences
resulting to time wasting.
IKONNEYA, A (2021). Appraisal Of Local Government Audit System With Respect To Revenue Generation And Overhead Cost Reduction (The Study Of Four Selected Local Government In Abia State). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-audit-system-with-respect-to-revenue-generation-and-overhead-cost-reduction-the-study-of-four-selected-local-government-in-abia-state-7-2
AZUBUIKE, IKONNEYA. "Appraisal Of Local Government Audit System With Respect To Revenue Generation And Overhead Cost Reduction (The Study Of Four Selected Local Government In Abia State)" Mouau.afribary.org. Mouau.afribary.org, 19 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-audit-system-with-respect-to-revenue-generation-and-overhead-cost-reduction-the-study-of-four-selected-local-government-in-abia-state-7-2. Accessed 01 Nov. 2024.
AZUBUIKE, IKONNEYA. "Appraisal Of Local Government Audit System With Respect To Revenue Generation And Overhead Cost Reduction (The Study Of Four Selected Local Government In Abia State)". Mouau.afribary.org, Mouau.afribary.org, 19 Nov. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-audit-system-with-respect-to-revenue-generation-and-overhead-cost-reduction-the-study-of-four-selected-local-government-in-abia-state-7-2 >.
AZUBUIKE, IKONNEYA. "Appraisal Of Local Government Audit System With Respect To Revenue Generation And Overhead Cost Reduction (The Study Of Four Selected Local Government In Abia State)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-local-government-audit-system-with-respect-to-revenue-generation-and-overhead-cost-reduction-the-study-of-four-selected-local-government-in-abia-state-7-2