The Effect of Accounting Information in Public Corporation (A Case Study of NNPC, Ilorin)

TABLE OF CONTENT

Title Page                                                    

Certification                                                                  i

Dedication                                                                     ii

Acknowledgement                                                        iii

Table of contents                                                          v

CHAPTER ONE

INTRODUCTION                                                          

1.1    Background of the Problem                                 1

1.2   Statement of the Study                                        3     

1.3   The Purpose of the Study                                    5      

1.4   Significance of the Study                                     6

1.5    Scope of the Study                                               6

1.6    Research Hypothesis                                           6

1.7    Definition of Terms                                              7

1.8    Plan of the Study                                                 8

CHAPTER TWO

2.0   Literature Review                                                 10    

2.1   Definition and Scope of Accounting                   11

2.2   Business Accounting                                           13

2.3   Scope of Accounting                                            15                      

2.4   Function of Accounting in Business                  20

2.5   Accounting Information System                          22    

2.6   The Usefulness of Accounting

 Information System, in Public Corporation                30    

CHAPTER THREE

3.0   Research Methodology                                         32

3.1    Historical Background of the Corporation          32    

3.2   Sources of Data                                                    41

3.3   Population and Sampling Description                42

3.4   Method of Data Analysis                                      42

3.5    Limitation of the Study                                       42

CHAPTER FOUR

4.0   Data Analysis and Interpretation                        44    

4.1    Presentation of Data                                            44

4.2    Data Analysis                                                       49

4.3    Discussion of Findings                                        52    

CHAPTER FIVE

5.0   Summary, Conclusion and Recommendation    54    

5 1   Summary                                                             54

5.2   Conclusion                                                           54

5.3    Recommendation                                                 56

References                                                            59

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND OF THE STUDY

Public corporation can be defined as the types of business organization that are established by a special act (or ordinance) of the parliament. Public corporations and business owned and financed by the federal, state and local government, as the case may be in the public interest. They can be explained and described also as the type of business) organization thoroughly and solidly established by act of parliament to provide public utilities. This participation in the productive and commercial part of a country’s economy. There are some areas in the economy where it is felt that the free enterprises system and private sector competition should not allowed, as they would exploit the public such as should be run by the government in the pubic interest. Therefore, in Nigeria, where there is a three-tier system of government; The local government, state government and the federal government do run certain enterprise so as to provide essential service for the people.