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ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
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Article from Volume 7, Number 2, Year 2019| AN ASSESSMENT OF TREASURY SINGLE ACCOUNT AS A GOOD CASH MANAGEMENT TOOL FOR THE GOVERNMENT REVENUE | 
Download | | Author(s): Khadijah Adeola Idowu, Ogundeko Sodiq Temitayo | | DOI: 10.4316/EJAFB.2019.7216 | | Abstract: The Management of government cash resources has been a major concern to the government considering the dwindling revenue of the government considering the significant fall in the international crude oil price. Treasury Single Account as a unification of government bank account structure which fosters the consolidation and the optimal use of the government scared cash resources. This study assesses the introduction of the TSA as a tool for good cash management of government fund. Using the purposive sampling technique, the study did a Pre-& Post Analysis of the Revenue Generated between 2011 and 2018 as well as the predictability of the Government Cash resources. Two research hypotheses were formulated and tested with the aid of T-Test statistics using the SPSS statistical package version 21. The result showed that TSA adoption has not significantly increased the revenue generating capacity of the government. Its adoption has improved the forecasting of the government revenue. It was recommended that the government should look inward for other sources of revenue. Also, tougher Internal Control measures should be put in place through the office of the Accountant General of the Federation. | | Keywords: Treasury Single Account, Cash Management, Government Revenue | References:
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