Improving Revenue Mobilisation in the District Assemblies in Ghana: The Role of Ghana Audit Service
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Date
2023
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KNUST
Abstract
The main purpose of this study is to examine how to improve revenue mobilisation in district assemblies in Ghana. The research was quantitative, and it used an explanatory approach. The study population comprised staff of district assemblies and the Ghana Audit Service. Data from 79 participants were collected using a convenience sample method. SPSS v26 was used for the analysis of the study's objectives. Descriptive statistics were used to provide a summary of the data. The findings showed that there is a moderate to high rating for the performance of traditional revenue sources for district assemblies in Ghana. From the findings also, the first and most important role of Ghana's audit service in the mobilisation of internally generated funds for the district assemblies is that it gives accurate reporting on IGF profits and expenditures, increasing openness in revenue collection and expenditure. The findings also indicated that the implementation of measures such as charging businesses for erecting advertisement screens and walls, imposing fees for towing broken vehicles, and issuing municipal or district assemblies bonds are crucial in enhancing revenue mobilisation for the district assembly are the factors play a significant role in improving the assembly's revenue mobilisation. Given the significance of accurate reporting on internally generated funds (IGF) earnings and expenditures, it is critical to improve revenue collection monitoring and reporting processes at the district assembly level.
Description
A thesis submitted to the department of accounting and finance college of humanities and sciences in partial fulfilment of the requirement for degree of msc accounting and finance