ABSTRACT
This research was aimed at
finding out the impact of public sector accounting on Nigeria 's financial
system using Abia State Ministry of Finance as a case study. The purpose was to
investigate on the accountability for stewardship and management of funds in
the ministry, to ascertain if the control of public fund adopted by the
ministry of finance is appropriate, also, to examine the problem facing public
sector accounting in Abia state ministry of finance etc. The population size
used was the staff and members of Abia state ministry of finance, out of which
the sample size was selected. Using the data for this study were primarily and
secondarily sourced. Pearson's product moment correlation was used to analyze
the responses gotten from the distributed questionnaires. Based on the
objectives of this study, data analysis, discussion of findings and fieldwork
information, it was concluded that there is a significant relationship between
the accountability for stewardship and management of funds in Abia state ministry
of finance, the problems facing public sector accounting in the ministry does
not affect their performance and also the control of public fund adopted by the
ministry has a significant effect on their performance. Recommendations were
also made based on the findings which includes; An account committee should be
set up to control and regulate the accounting system of public sector
establishments to ensure there is a proper record of the generated revenue by
the account officers and when this is met, the goal of creating the ministry
will be achieved.
MICHAEL, U (2021). Impact Of Public Sector Accounting On Nigeria's Financial System (A Study Of Abia State Ministry Of Finance). Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-public-sector-accounting-on-nigerias-financial-system-a-study-of-abia-state-ministry-of-finance-7-2
UNIVERSITY, MICHAEL. "Impact Of Public Sector Accounting On Nigeria's Financial System (A Study Of Abia State Ministry Of Finance)" Mouau.afribary.org. Mouau.afribary.org, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-public-sector-accounting-on-nigerias-financial-system-a-study-of-abia-state-ministry-of-finance-7-2. Accessed 27 Nov. 2024.
UNIVERSITY, MICHAEL. "Impact Of Public Sector Accounting On Nigeria's Financial System (A Study Of Abia State Ministry Of Finance)". Mouau.afribary.org, Mouau.afribary.org, 19 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-public-sector-accounting-on-nigerias-financial-system-a-study-of-abia-state-ministry-of-finance-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of Public Sector Accounting On Nigeria's Financial System (A Study Of Abia State Ministry Of Finance)" Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-public-sector-accounting-on-nigerias-financial-system-a-study-of-abia-state-ministry-of-finance-7-2