Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone):- Ekeleme, Ezenwa E
ABSTRACT
A control system is a system built to maintain a
designed state. Financial control is a process which assures that financial
resources are obtained economically and used efficiently and effectively in the
accomplishment of desired goals. This work "Financial Control and
Accountability in the Public Sector" appraised and reviews the nature and
state of financial control and accountability in the public sector, with the
aim of identifying the various financial/accounting problems and financial
irregularities inherent in the public sector. The need for this research work
became very eminent since members of the public needs to receive accountability
reports in order to assess the performance of those entrusted with the public
sector resources. Hypotheses were formed in order to guide the direction of the
researcher towards finding a point-to-point-solution to the problems being
investigated. The data collection techniques employed in the study were both
primary and secondary techniques. The sample size was 120. By this number
structured questionnaires was distributed to respondents to seek their
responses on the questions and out of which the researcher was able to collect
100 back for he based his analyses in chapter four of this work The Chi-square
test (X2) was used in testing the hypotheses and judgments were made based on
95% confidence (i.e. 5% level of significance) and one degree of freedom. The
major results of this study proved that there is a system of financial control
in the public odor, but accountability in the public sector is inadequate. This
can be seen in chapter four under tables; 4.3.2, 4.3.4, and 4.4.3 respectively.
In conclusion, this work is believed to have provided possible solutions to the
problems under study and recommendations were also made for possible
implementation.
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EKELEME, E (2024). Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone):- Ekeleme, Ezenwa E. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-financial-control-and-accountability-in-nigerian-public-sectora-case-study-of-ministry-of-finance-in-the-south-east-geo-political-zone-ekeleme-ezenwa-e-7-2
EKELEME, EKELEME. "Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone):- Ekeleme, Ezenwa E" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Aug. 2024, https://repository.mouau.edu.ng/work/view/evaluation-of-financial-control-and-accountability-in-nigerian-public-sectora-case-study-of-ministry-of-finance-in-the-south-east-geo-political-zone-ekeleme-ezenwa-e-7-2. Accessed 24 Nov. 2024.
EKELEME, EKELEME. "Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone):- Ekeleme, Ezenwa E". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Aug. 2024. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-financial-control-and-accountability-in-nigerian-public-sectora-case-study-of-ministry-of-finance-in-the-south-east-geo-political-zone-ekeleme-ezenwa-e-7-2 >.
EKELEME, EKELEME. "Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone):- Ekeleme, Ezenwa E" Repository.mouau.edu.ng (2024). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-financial-control-and-accountability-in-nigerian-public-sectora-case-study-of-ministry-of-finance-in-the-south-east-geo-political-zone-ekeleme-ezenwa-e-7-2