Impact Of Financial Control And Accountability In Public Sector Organization (A Case Study Of Abia State Ministry Of Finance):- Mmeruwa, Theophilus. A
ABSTRACT
The objective of this research is to examine the
impact of financial control and accountability in public sector organization.
The role of finance in any organization is that of a life line that keeps the
organization and its operations alive Finance therefore, plays a key role in
the achievement of organizational goals and objectives. The paper discussed the
major ana various assets offinancial control and accountability as it relates
to public sector organizations in order to highlight where improvements are to
be made. The process of collecting data used primary and secondary sources;
primary sources were questionnaires and interviews while secondary sources were
reference materials such as published articles, journals and textbooks. To
achieve this objective of this research, two hypotheses were formulated and
tested using Chi-square and other analytical tools used in the research were
tables, simple percentage and purposive sampling technique. Findings made after
the research are there is a system of financial control and accountability in
Abia State Ministry of Finance and it has no impact on the Abia State Ministry
of Finance and internal control system which is in the Ministry of Finance is
not effective. Findings also include lack of skilled staff in accounting and
accounting principles. In addition to the aforementioned, there are limited
numbers of professionals in the system. The researcher based on these findings
therefore recommends drat the system of internal audit should be reviewed, staff
should have clear definitions of duties and there should be division oflabor
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MMERUWA, M (2024). Impact Of Financial Control And Accountability In Public Sector Organization (A Case Study Of Abia State Ministry Of Finance):- Mmeruwa, Theophilus. A. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-financial-control-and-accountability-in-public-sector-organization-a-case-study-of-abia-state-ministry-of-finance-mmeruwa-theophilus-a-7-2
MMERUWA, MMERUWA. "Impact Of Financial Control And Accountability In Public Sector Organization (A Case Study Of Abia State Ministry Of Finance):- Mmeruwa, Theophilus. A" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Aug. 2024, https://repository.mouau.edu.ng/work/view/impact-of-financial-control-and-accountability-in-public-sector-organization-a-case-study-of-abia-state-ministry-of-finance-mmeruwa-theophilus-a-7-2. Accessed 24 Nov. 2024.
MMERUWA, MMERUWA. "Impact Of Financial Control And Accountability In Public Sector Organization (A Case Study Of Abia State Ministry Of Finance):- Mmeruwa, Theophilus. A". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Aug. 2024. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-financial-control-and-accountability-in-public-sector-organization-a-case-study-of-abia-state-ministry-of-finance-mmeruwa-theophilus-a-7-2 >.
MMERUWA, MMERUWA. "Impact Of Financial Control And Accountability In Public Sector Organization (A Case Study Of Abia State Ministry Of Finance):- Mmeruwa, Theophilus. A" Repository.mouau.edu.ng (2024). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-financial-control-and-accountability-in-public-sector-organization-a-case-study-of-abia-state-ministry-of-finance-mmeruwa-theophilus-a-7-2