PUBLIC SECTOR ACCOUNTING IN NIGERIA: YESTERDAY, TODAY AND TOMORROW
Abstract
This paper is a descriptive-analytic study, looking from the past, present and the design of the future of Public Sector Accounting in Nigeria. This research is adapted from the views of academic journals, researchers and accounting professional bodies. It is our view thatwith the introduction of public sectoraccounting reforms, there will be demand in futurefor more public accountants, strong public financial management and amendments to legal and regulatory framework of Public Sector Accounting in Nigeria.
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References
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Adams (2004) Public sector Accounting made simple
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Uneasy relationship in M. Bromwich and A. Hopwood (Eds.) Accounting
And the Law. London: Pitman. pp. 34-54.
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Nemati &Barko,(2002) Organizational Data Mining: Leveraging Enterprise Data Resources for Optimal Performance, Idea Group Publishing, Hershey, PA, USA
Oduwole, J., &Sanni, A. (2014). Expanding the tax base in the informal sector in Nigeria. Abuja, Nigeria: Civil Society Legislative Advocacy Centre.
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Premium Times 2016b
Ryosuke, Tao. (2012). Public Policy Review. Vol. 8. No. 1 45 Public Sector
Accounting – An interdisciplinary field involving Accounting Economics & Jurisprudence.
The Guardian, 04 January, 2022
Yahaya, S. [1991]: "The Performance of Public Enterprises in an International Context: An Empirical Study" in Public Enterprises in Nigeria. The Nigerian Economic Society Annual Conference, Sokoto.
Wong, S. (1998). Full speed ahead – How to move forward full accrual accounting for capital assets. CMA Magazine, October, 18-22. [Google Scholar]
World Bank [1994a]: Adjustment in Africa: Reforms, Results and the Road Ahead. Washington, DC: The World Bank.
Adams (2004) Public sector Accounting made simple
Akhidime (2012) Accountability and Financial Reporting In Nigeria Public Financial Management: An Empirical Exploration
Batley, R (2004), The Politics of Service Delivery Reforms, Development and Change, Oxford, Blackwell publishing, . 31(1).
Chan, J. L. (2003). Government accounting: An assessment of theory, purposes and standards. Public Money and Management, 23, 13–20.10.1111/pmam.2003.23.issue-1 [Taylor & Francis Online], [Web of Science ®], [Google Scholar]
Duhovni&Meta (2011). Paper presented at the annual conference, 14 letnaconferencaracunovodi, Maribor.
Gberegbe& Micah, (2008) Fundamentals of Public Sector Accounting and Finance.
Graham, P. (n. d.). The Foundations of Public Sector Budgeting and Accounting.
Understanding Cash and Accrual. Queens University: School of Policy
Studies. Available: http:// post. Quensu.ca/-graham.
Guthrie, J., Olson, O., & Humphrey, C. (1999). Debating developments in new public financial management: the limits of global theorising and some new ways forward. Financial Accountability & Management, 15, 209–228. [Crossref], [Google Scholar]
Jones, Rowan, and Maurice Pendlebury. (2000). Public sector accounting Edinburgh> prentice Hall
Hammani, M, Ruhashyankiko, J.F &Yehoue, E.B (2006), “Determinant of Public-Private Partnerships in Infrastructure” I.M.F Working Paper, International Monetary Fund Institute.
IFAC. (2015). Retrieved November 15, 2015, from http://www.ipsasb.org/ [Google Scholar]
IMF Survey (2016 ): Fighting Corruption Critical for Growth and Macroeconomic Stability—IMF Paper
International Public Sector Accounting Standard Board (IPSAS), March 2005
Lapsley, I., & Oldfield, R. (2001). Transforming the public sector: Management consultants as agents of change. European Accounting Review, 10, 523–543.10.1080/713764628 [Taylor & Francis Online], [Google Scholar]
Larbi, G.A (1999), “The New Public Management and Crisis States” UNRISD Discussion Paper, United Nation Research Institute for Social Development: Geneva Switzerland.
Likierman, A. (2000). Changes to managerial decision-taking in U.K. central government. Management Accounting Research, 11, 253–261.10.1006/mare.2000.0131 [Crossref], [Google Scholar]
Lye, J., Perera, H., & Rahman, A. (2005). The evolution of accruals-based Crown (government) financial statements in New Zealand. Accounting, Auditing & Accountability Journal, 18, 784–815. [Crossref], [Google Scholar]
Napier, C. &Noke, C. (1992). Accounting and Law: A Historical overview of an
Uneasy relationship in M. Bromwich and A. Hopwood (Eds.) Accounting
And the Law. London: Pitman. pp. 34-54.
Mellett, H. (1997). The role of resource accounting in the UK government’s quest for better accounting. Accounting and Business Research, 27, 157–168.10.1080/00014788.1997.9729541 [Taylor & Francis Online], [Google Scholar]
Micah LC (2018) “Taxation in Nigeria, Robbing Peter to to pay and supporting Rottweiler”. A public lecture series of Faculty of Management Sciences, University of Portharcourt.
Nemati &Barko,(2002) Organizational Data Mining: Leveraging Enterprise Data Resources for Optimal Performance, Idea Group Publishing, Hershey, PA, USA
Oduwole, J., &Sanni, A. (2014). Expanding the tax base in the informal sector in Nigeria. Abuja, Nigeria: Civil Society Legislative Advocacy Centre.
Pallot, J. (2001). A decade in review: New Zealand’s experience with resource accounting and budgeting. Financial Accountability and Management, 17, 383–400.10.1111/fam.2001.17.issue-4 [Crossref], [Google Scholar]
Premium Times 2016b
Ryosuke, Tao. (2012). Public Policy Review. Vol. 8. No. 1 45 Public Sector
Accounting – An interdisciplinary field involving Accounting Economics & Jurisprudence.
The Guardian, 04 January, 2022
Yahaya, S. [1991]: "The Performance of Public Enterprises in an International Context: An Empirical Study" in Public Enterprises in Nigeria. The Nigerian Economic Society Annual Conference, Sokoto.
Wong, S. (1998). Full speed ahead – How to move forward full accrual accounting for capital assets. CMA Magazine, October, 18-22. [Google Scholar]
World Bank [1994a]: Adjustment in Africa: Reforms, Results and the Road Ahead. Washington, DC: The World Bank.
Published
2023-07-01
How to Cite
Olumide, A., Christian Micah, L., & Nadum Nwikpasi, N. (2023). PUBLIC SECTOR ACCOUNTING IN NIGERIA: YESTERDAY, TODAY AND TOMORROW. GPH-International Journal of Social Science and Humanities Research, 6(06), 79-91. https://doi.org/10.5281/zenodo.8104129
Section
Articles
Copyright (c) 2023 Aladetan Olumide, Leyira Christian Micah & Nuka Nadum Nwikpasi
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