Effect Of Financial Control And Accountability In Tile 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, 1 permanent secretary, 18 internal auditors, 5
external auditors and 6 contractors.
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OPARA, S (2021). Effect Of Financial Control And Accountability In Tile Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance).. Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-tile-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2
SAMSON, OPARA. "Effect Of Financial Control And Accountability In Tile Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 04 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-tile-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2. Accessed 25 Nov. 2024.
SAMSON, OPARA. "Effect Of Financial Control And Accountability In Tile Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance).". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 04 Jun. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-tile-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2 >.
SAMSON, OPARA. "Effect Of Financial Control And Accountability In Tile Public Sector Organization Performance. (A Study Of Abia State Ministry Of Finance)." Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-financial-control-and-accountability-in-tile-public-sector-organization-performance-a-study-of-abia-state-ministry-of-finance-7-2