Appraised of Value-for-Money Audit of Government Expenditure on Projects/Programmes in Abia State
ABSTRACT
This study was motivated by the
need to assess value-for-money-audit of Government expenditure on
projects/programmes in Abia State. The study adopts ex-post facto and survey
design. Data was obtained from community and social development projects (CSDP)
a body that executes projects on behalf of Abia State Government and a private
builder (Divine Real Estate) to ascertain cost. A modified four-point likert
questionnaires which covered important issues of value for money audit were
administered on 186 respondents drawn from Auditors and tax Payers from the three
senatorial zones of Abia state. Correlation analysis and student T-test (paired
sample) were used in analyzing the data. The results indicate that there is a
significant difference between the cost of executing projects by public and
private sectors in Abia State and furthermore, there exists a negative
relationship between the cost of executing similar projects by both public and
private managers. The researcher therefore concluded and recommended that
government should ensure effective use of value for money audit which will help
to bridge the gap in cost and hence bring about public satisfaction
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FASHOLA, E (2021). Appraised of Value-for-Money Audit of Government Expenditure on Projects/Programmes in Abia State. Mouau.afribary.org: Retrieved Nov 29, 2024, from https://repository.mouau.edu.ng/work/view/appraised-of-value-for-money-audit-of-government-expenditure-on-projectsprogrammes-in-abia-state-7-2
EDWIN, FASHOLA. "Appraised of Value-for-Money Audit of Government Expenditure on Projects/Programmes in Abia State" Mouau.afribary.org. Mouau.afribary.org, 29 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraised-of-value-for-money-audit-of-government-expenditure-on-projectsprogrammes-in-abia-state-7-2. Accessed 29 Nov. 2024.
EDWIN, FASHOLA. "Appraised of Value-for-Money Audit of Government Expenditure on Projects/Programmes in Abia State". Mouau.afribary.org, Mouau.afribary.org, 29 Nov. 2021. Web. 29 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraised-of-value-for-money-audit-of-government-expenditure-on-projectsprogrammes-in-abia-state-7-2 >.
EDWIN, FASHOLA. "Appraised of Value-for-Money Audit of Government Expenditure on Projects/Programmes in Abia State" Mouau.afribary.org (2021). Accessed 29 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraised-of-value-for-money-audit-of-government-expenditure-on-projectsprogrammes-in-abia-state-7-2