THE IMPACT OF PUBLIC SECTOR REFORMS ON GOVERNMENTAL ACCOUNTING PRACTICES
Abstract
This study investigates the effects of public sector reforms on governmental accounting practices, focusing on how these reforms influence transparency, accountability, and financial management. The objectives are to evaluate the effectiveness of these reforms in improving accounting standards, to assess their impact on the accuracy and reliability of financial reports, and to explore the challenges faced during implementation. A survey research design was chosen for its ability to capture a wide range of perspectives from government accountants and financial managers. The sample size of 420 participants was calculated using Taro Yamane’s formula, based on an estimated population of 250,000 public sector employees. Lagos was selected as the case study location due to its significant role in Nigeria’s public administration and economic activities. The reliability coefficient score for the survey was 0.87, indicating high reliability. Findings reveal that public sector reforms have led to improved accounting practices, with increased accuracy and transparency in financial reporting. However, challenges such as inadequate training and resistance to change persist. The study recommends continuous professional development for government accountants and the implementation of supportive measures to address resistance and enhance reform outcomes.
ABSTRACT
Deposit Insurance System (DIS) has become a key component of most financial systems worldwide because of the important roles it...
Abstract: EXAMINING FINANCIAL CRIMES AND THE ROLE OF FORENSIC ACCOUNTING METHODOLOGIES
This study examines the role of forensic accountin...
Abstract
Everybody appreciates the fact that when motorists pay more for fuel, the transport fare increases. This has been the case even...
ABSTRACT
This study examined unique selling point (USP) and customer patronage in business organization. The hospitality...
Background of the Study
The advancement of modern model office technologies has brought closer the &ldq...
Background of the Study
The government employs the majority of workers, with private individuals employing just a...
ABSTRACT
The cost and return analysis of different sizes of integrated broiler farms in Oru East in Imo...
Abstract
The study is entitled „Assessment of Teachers‟ and Students‟ Attitudes on Utilization and Maintenance of School Facilities...
Abstract
Instructing library users on effective utilization of information resources and services could not be over emphasized in tertiar...
Background Of The Study
This project attempts to examine the effect of strike on the academic performan...