Financial Control And Accountability In Public Sector Organization (A Study Of Selected Ministry 1. Ministry Of Finance Umuhia 2. Office Of Auditor General)
ABSTRACT
Financial matters are
so important that they receive constitutional recognitions. The research sought
to investigate the financial control and accountability of public sector
organizations in Abia State. It sets out the measures that will enhance the
discharge of financial accountability. Five hypotheses were formulated and
tested. The primary data was obtained thought the administration of
questionnaires, interviews and actual observation; it was also supplemented
with secondary data. The technique of sample random sampling was used in the
questionnaire administration. The population was 290 out of which a sample of
121 was studies. The chisquare (X2) test statistic was used to test the five
hypotheses - percentage analysis was used to investigate issues continued in
this research. The findings of this research indicates that the legislature
lacks financial autonomy to effectively deploy its weapon of financial
oversight function over the executive, rules and regulation governing effective
and efficient use of public fund are violated. The executive dominates
financial control process in Abia State. The State Audit lacks the operational
independence to carryout its functions. The implications of these findings are
that the legislature is unable to discharge its constitutional financial
oversight functions; financial accountability as a result is often violated.
The study recommends a balanced redistribution of financial powers among the
legislature, the executive and the auditor-general to promote the discharge of
financial accountability in Abia State.
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MOSES, G (2021). Financial Control And Accountability In Public Sector Organization (A Study Of Selected Ministry 1. Ministry Of Finance Umuhia 2. Office Of Auditor General). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-public-sector-organization-a-study-of-selected-ministry-1-ministry-of-finance-umuhia-2-office-of-auditor-general-7-2
G, MOSES. "Financial Control And Accountability In Public Sector Organization (A Study Of Selected Ministry 1. Ministry Of Finance Umuhia 2. Office Of Auditor General)" Mouau.afribary.org. Mouau.afribary.org, 27 Oct. 2021, https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-public-sector-organization-a-study-of-selected-ministry-1-ministry-of-finance-umuhia-2-office-of-auditor-general-7-2. Accessed 28 Nov. 2024.
G, MOSES. "Financial Control And Accountability In Public Sector Organization (A Study Of Selected Ministry 1. Ministry Of Finance Umuhia 2. Office Of Auditor General)". Mouau.afribary.org, Mouau.afribary.org, 27 Oct. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-public-sector-organization-a-study-of-selected-ministry-1-ministry-of-finance-umuhia-2-office-of-auditor-general-7-2 >.
G, MOSES. "Financial Control And Accountability In Public Sector Organization (A Study Of Selected Ministry 1. Ministry Of Finance Umuhia 2. Office Of Auditor General)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-public-sector-organization-a-study-of-selected-ministry-1-ministry-of-finance-umuhia-2-office-of-auditor-general-7-2