An Appraisal Of Revenue Collection Method In Government Establishment

An Appraisal Of Revenue Collection Method In Government Establishment

Preface

Statement Of The Problem/ Purpose Of The Study

profit collection is the collection of finances accrued from the levies paid by the aborigine of a country, finances gotten from, import and import duties and bills paid by consumers of government goods and services.

The system of the collection of these profit was assessed and anatomized to know if we’re really moving forward or backward. There are cornucopia of mortal coffers in Nigeria but the problem is the inefficiency of the country to use these coffers to it profit.

Also there’s problem of responsibility and mis- operation of the cornucopia of mortal and material coffers of the country. The profit collection has veritably good increased to the achievement of the purpose of the government. thus the purpose of this work are as follows

1. To determine how government establishments raise profit from its populace.

2. To find out whether the styles of administering responsibility is veritably effective.

3. To find if the system of profit collection has effectively checked fraud arising from manipulation on accruing records.

Rational Of The Study

There’s no mistrustfulness that Nigeria is blessed with abundant mortal and material coffers, but the problem with the country is the fact that colorful government since its independence in 1960 have either inaduerently or else refused to use these coffers to its benefits.

The country has been thrown into foreign debts moment because of the mismanagement of the cornucopia of mortal and material coffers of the country. Since 1984, emphasis has shifted from external borrowing to original or internal sourcing of the country’s profit, for both capital and intermittent expenditure of the civil, state and original governments. Each time, the civil government decides how important, to set a side for external debt servicing and this is first subtracted from the confederation account before allocation to the civil government, countries and original governments.

Also, the vertical allocations to countries and original governments in each state reflects the need for “ justice, equity and fairness in the operative of the nation’s financial federalism and conduce to the divisibility of the country, public interest, public integration and indeed development.

One of the main reason for apprials of profit from the government establishment is to raise profit from it citizenery using colorful system which is considers applicable, and at the same time using finances so collected to give so call service in an effective.

Significance Of The Study

This study will be precious to the sanitarium operation and any other government establishment to appreciate the necessary essential of the profit collection and in our tutoring hospitals. The government following the recommendation will modify same to achieve better results. This will in turn sure the government huge fiscal losses.

There must be check and balance other wise the conduct in their responsibility process will ignore justice and fairness. It’s also believed that if the styles are effective in controlling fraud every naira collected by the government will be adequately responsible for. therefore the government ideal of health for all the 2000 might be a reality.

For the citizen who pays the sanitarium bills the study will head, it’s believed in the defense of the profit been collected which they pay as they won’t go into the hands of the wrong persons.

Eventually this exploration report will enable pupil of operation especially the bankers and account scholars to have a in- depth knowledge of the styles of collecting profit available tonon-profit making association especially funded and controlled by the government. It’ll also help them to understand the inspection of government association when government claiming over to pukka public accountants.

Description Of Terms

For the purpose of this work an account staff of officer is used then to mean, any person employed by the sanitarium to perform the duties of a finance officer the sanitarium irrespective of the persons rank or designation.

A profit clerk is used to mean any person delegated to collect sanitarium bills and other freights whether the person is an account officer or not.

profit then mean total periodic income of the sanitarium only generated from sanitarium bills and charges. A tone guaranteed case is one who’s respectable as a estimable and well known in the community and on balance of logic is allowed on particular recognition to guarantee himself.

A staff guaranteed case arise where a member of the staff of the sanitarium agrees to be responsible for the payment of the patient bills in case the case fails to pay. MAC means a veritably wretched case.