Effect Of Financial Control And Accountability In The Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)
ABSTRACT
This study was carried out to evaluate the
financial control and accountability in the public sector organization in Abia
state ministry of finance. To be accountable is to be answerable to ones
action. Accountability simply means being responsible for ones decisions and actions
and expected to give clear explanation to them as much as possible. The main
objective of this study is to make sure that the principle of ethics on
financial control and accountability are followed accordingly, and to detect
and control fraud in Abia state ministry of finance. The main problem of
financial control and accountability is the embezzlement of funds, and failure
to conform to financial regulations and laws. The data collection method used
here is primary data( descriptive survey) and was supported with secondary
data. The primary data includes; questionnaire, personal observations, and
interviews. It was analysed using simple regression and Pearson's Product
Moment Correlation (PPMC) which measures the degree of relationship between variables.
However, the SPSS statistical for social science (version 23) is also used to
run the analysis. The population of the management and the staffs interviewed
is 120(one hundred and twenty). Out of which, a sample size of 92 (ninety-two)
was selected. This includes; 5 administrative staff, 57 financial Accountants,
I permanent secretary, 18 internal auditors, 5 external auditors and 6
contractors.
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OPARA, S (2023). Effect Of Financial Control And Accountability In The Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance). Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-the-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2
SAMSON, OPARA. "Effect Of Financial Control And Accountability In The Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Sep. 2023, https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-the-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2. Accessed 24 Nov. 2024.
SAMSON, OPARA. "Effect Of Financial Control And Accountability In The Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Sep. 2023. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-the-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2 >.
SAMSON, OPARA. "Effect Of Financial Control And Accountability In The Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)" Repository.mouau.edu.ng (2023). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-the-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2