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A SURVEY OF CHIEF EXECUTIVES’ PERCEPTION OF ACCOUNTING FOR MANAGEMENT CONTROL IN GOVERNMENT MINISTRIES AND PARASTATALS

ABSTRACT

The present untoward economic circumstances prevailing in the country today have made employment in the government ministries and parastatals unattractive. Consequently, there is mass exodus of qualified staff from the public sector of our economy to the more lucrative private sector, leaving the formulation and execution of government policies and programmes in the hands of mediocrities. Regrettably, some chief executives of government ministries and parastatals have taken advantage of this loop-hole, occasioned by the flight of qualified professionals from the public sector, to manipulate well intended internal control system of the government to suit their whims and caprices. Many a regime have at one time or the other, harped on probity, accountability, cost consciousness, profligacy and planlessness in the public sector but without success. The reason is not far fetched. How can you control what you do not know either by definition or causation? We are therefore of the firm belief that the only sure way to curb the aforesaid seemingly intractable problems in the public sector is the provision of adequate incentives comparable with those in the private sector so as to attract and retain qualified staff. With the presence of trained personnel like accountants, economists e.t.c, in the organization, there is no gain saying that the benefits of accounting for management control will be fully reaped. More so if the chief executives are exposed in this new field of accounting (accounting for management control )through seminars and conferences.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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