ABSTRACT
This research project is very crucial to the study of the
control of finance in the ministry of finance umuahia. The study was motivated
by the necessity to establish the extent of financial control and accountability
in public sector organization. Nigerian financial control accountability in public sector organization
is laced With a list of problems such as late finalization and publication of accounts
and poor keeping of internal accounting records, inability to conform to
financial rules, regulation and instructions, lack of knowledge and expertise
among government accounts and financial control hers occupying higher levels
of' responsibilities. the main objective of this study is to establish the
extent of Financial control and accountability in public sector organization,
to see that proper financial control system and accountability in Abia State
ministry of finance are well practiced, to eliminate inadequacy in the
financial control system and to solve the research problem. Both primary and
secondary data were collected and used in this research. The research
instruments used in collecting the data
were questionnaires and oraI interviews. the respondents comprised of the me personnel,
contractors, suppliers and staff of the organization. In organizing and
presenting data collected, tables, frequencies and percentages were used. The
various hypotheses were tested using time chi-square. From the result of' tile
hypothesis tested, the following indicators were established; that there is
financial control system and accountability in Abia state Ministry of' Finance.
Also, the internal control system in the Abia Stale Ministry of Finance is
inadequate. Finally it was also observed that the Abia State Ministry of
Finance is poorly staffed. Based on the results and findings sonic recommendations
were made which include; reviewing of the internal control system, requirement
and training of qualified workers, improvement of' working condition of staff
of the ministry.
MICHAEL, U (2021). Financial Control And Accountability In The Public Sector Organization (A Study Of Abia State Ministry Of Finance Umuahia). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-organization-a-study-of-abia-state-ministry-of-finance-umuahia-7-2
UNIVERSITY, MICHAEL. "Financial Control And Accountability In The Public Sector Organization (A Study Of Abia State Ministry Of Finance Umuahia)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 16 Jul. 2021, https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-organization-a-study-of-abia-state-ministry-of-finance-umuahia-7-2. Accessed 26 Nov. 2024.
UNIVERSITY, MICHAEL. "Financial Control And Accountability In The Public Sector Organization (A Study Of Abia State Ministry Of Finance Umuahia)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 16 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-organization-a-study-of-abia-state-ministry-of-finance-umuahia-7-2 >.
UNIVERSITY, MICHAEL. "Financial Control And Accountability In The Public Sector Organization (A Study Of Abia State Ministry Of Finance Umuahia)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-organization-a-study-of-abia-state-ministry-of-finance-umuahia-7-2