ABSTRACT

The study investigated on the evaluation the system of internal control in the public sector.The objectives of the study are; to examine the impact of internal control system   on effective financial  management in public  sector  institutions,  to determine the impact of internal control  system on accountability in public sector institutions,to evaluate the impact of internal control on the prevention of fraud in public sector institutions. To achieve the objectives of the study, survey research design method was adopted. The researcher adopted primary data in getting the required information.The population of the study is made up of IOO respondents while the sample size is made up of 80 after adopting taro Yamane formula.  However,  a  total  80   questionnaire  was  administered  to  the respondents.Intesting the hypotheses,simple regression analysis was used. The findings  revealed that internal control system has a significant impact on financial management.The findings further revealed that internal control system has a significant impact on accountability.   The researcher recommends  that Public sector institutions should ensure that there are adequate organizational controls and  that eachstaff knows his duties and  equally ensures effective segregation  of duties. The researcher further recommends that Public sector institutions should be reviewed periodically so as to cope with modern trends in organizational fraud prevention.