This study was carried out on accounting for influence of execution of financial conventions on revenue utilization in local government areas: Nigeria’s experience of level of voluntary compliance. It was aimed at assessing the level of compliance to the execution of financial conventions and how this affects revenue utilization in local government areas in Nigeria with particular reference to Cross River State. Data were collected through well developed survey instruments. The data collected were analyzed using both Karl Pearson correlation coefficient and regression analyses. The analyses revealed that the execution of financial conventions has significant influence on financial control efficacy and revenue utilization. The study concluded that if there is proper compliance to a higher level of execution of financial conventions, there will be effective financial management and control, as well as proper revenue utilization in local government areas in Cross River State-Nigeria. Consequently, the accomplishment of set goals and objectives of formulating and executing financial conventions. Therefore, the applicable authorities in local government areas should make tangible effort to ensure that staffs adheres strictly to financial conventions when handling financial and economic matters.
Keywords: Financial conventions, Level of voluntary compliance, financial management, public goods., revenue utilization