Financial Control And Accountability In The Public Sector (A Study Of Ministry Of Education Asaba, Delta State)

ONWUCHEKW AV ALENTINE K. MOUAU/12/23712 | 76 pages (15674 words) | Projects

ABSTRACT

The study  investigated  on financial  control and accountability  in the public sector.  The major objectives  of the study are to ascertain  the strategies and steps for an efficient financial  control and accountability in public sector and to ascertain the relationship between financial  control and budget performance  in public  sector  in Nigeria.  To achieve the objectives  of the study,  descriptive research design was adopted. The researcher adopted primary  data in getting the required information. In testing the hypothesis simple regression analysis and  correlation  coefficient  was  adopted:  The findings  from   the  hypotheses tested   revealed   that   accounting   control   has   a   significant   effect   on the performance  of Ministry  of Education,  Asaba.  The findings  also revealed that efficient financial  control has an effect on the accountability in public  sector. The researcher  recommends  that Public  sector  institutions  should  maintain proper accounting system and effective financial  control in order to avoid any form  of mismanagement, frauds  and errors.  The researcher also recommends that Accountants involved in the audit of public sector institution should adopt methodologies that adequately capture the accounting and reporting needs of the enterprises and comment on their peculiarities,  if necessary,  in the audit report.


TABLE  OF CONTEN

CHAPTER ONE INTRODUCTION

1.1 Background to the study                                                                                 1

1.2 Statement of the problem                                                                                5

1.3 The objectives of the study                                                                             6

1.4 Research questions                                                                                          7

1.5 Research Hypothesis                                                                                       7

1.6 Significance of the Study                                                                               7

1.7 Scope of the Study                                                                                          8

1.8  Definition of Operational Terms                                                                    8


CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.1   Conceptual framework                                                                       10

2.1.1 The Concept of Financial Control                                                            10 

2.1.2 Financial  Control  in Public Sector in Nigeria

2 .1.3 Financial  Management

2 .1.4  Financial  Planning

2.1.5   Advantages  of the use of financial plans

2.1.6  Minimum  condition  for the elaboration  of financial  planning

2 .1.  7 Aspects  based on financial planning

2.1.8  Financial  Planning  Model

2.2 THEORITICAL FRAMEWORK

2 .2 .1   The Agency  theory

2.2.2  Theory of Financial  control

2.2.3   Financial  Control  in the context of the Transformation   Processes

2.2.4  Ways to improve Financial  Control at the Public Establishment   Level     31

2.2.5   Historical  Development  of Accountability in Nigeria                                  32

2.2.6  Nature  and Purpose  of Accountability  in Public  Sector                              35

2.2.7   Factors  Affecting Accounting  Principles  in Public  Sectors                         42

2.2.8 Budgeting  and Budgetary Control  as a Mechanism  for financial  Controland Accountability                                                                                                      43

2.2.9 The Advantages  of Budgeting  to Financial  Control  and Accountability     45

2.3 Empirical  Review 


CHAPTER THREE RESEARCH METHODOLOGY

3 .1  Research  design                                                                                                   51

3 .2 Population  of the Study                                                                                     51

3 .3  Sample Size  and Sampling  Technique                                                             52

3.4 Source and Type of Data                                                                                   52

3 .5  Instrument  of Data Collection                                                                           52

3 .6  Validity  of Instrument                                                                                  53

3. 7 Reliability  of the Instrument                                                                              54

3 .8 Method   of Administration     of Questionnaire                                                          54

3 .9 Model   Specification                                                                                              54


CHAPTER FOUR

DATA PRESENTATION ANALYSIS AND DISCUSSION OF FINDINGS

4.1  Data presentation 57

4.2  .Data analysis

4.3Test  of hypotheses

4.4 Discussion  of findings


CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5 .1  Summary  of findings

5 .2  Conclusion

5 .3  Recommendations

References

Overall Rating

0.0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

ONWUCHEKW, M (2020). Financial Control And Accountability In The Public Sector (A Study Of Ministry Of Education Asaba, Delta State). Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-a-study-of-ministry-of-education-asaba-delta-state

MLA 8th

MOUAU/12/23712, ONWUCHEKW. "Financial Control And Accountability In The Public Sector (A Study Of Ministry Of Education Asaba, Delta State)" Mouau.afribary.org. Mouau.afribary.org, 09 Jun. 2020, https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-a-study-of-ministry-of-education-asaba-delta-state. Accessed 30 Oct. 2024.

MLA7

MOUAU/12/23712, ONWUCHEKW. "Financial Control And Accountability In The Public Sector (A Study Of Ministry Of Education Asaba, Delta State)". Mouau.afribary.org, Mouau.afribary.org, 09 Jun. 2020. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-a-study-of-ministry-of-education-asaba-delta-state >.

Chicago

MOUAU/12/23712, ONWUCHEKW. "Financial Control And Accountability In The Public Sector (A Study Of Ministry Of Education Asaba, Delta State)" Mouau.afribary.org (2020). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/financial-control-and-accountability-in-the-public-sector-a-study-of-ministry-of-education-asaba-delta-state

Related Works
Please wait...