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.
EKELEME, E (2021). Evaluation Of Financial Control And Accountability In Nigerian Public Sector.(A Case Study Of Ministry Of Finance In The South East Geo-Political Zone). Mouau.afribary.org: Retrieved Nov 01, 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-7-2
EMMANUEL, 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)" Mouau.afribary.org. Mouau.afribary.org, 17 Aug. 2021, 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-7-2. Accessed 01 Nov. 2024.
EMMANUEL, 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)". Mouau.afribary.org, Mouau.afribary.org, 17 Aug. 2021. Web. 01 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-7-2 >.
EMMANUEL, 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)" Mouau.afribary.org (2021). Accessed 01 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-7-2