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
This study is a comparative analysis of academic performance of part-time and regular students of business education in federal...
ABSTRACT
This study analysed the legal regime for the protection of patent and Industrial Designs in Nigeria with the view to identifying...
ABSTRACT
This research is based on the effect of inadequate infrastructural facilities on the academic performance of pu...
ABSTRACT
This study examined the deregulation of the downstream oil sector in Nigeria as a panacea to economic recovery...
ABSTRACT
Erythrophleumivorense isused in traditional medicine for the treatment of convulsion, swellings, body pain and as emetic agents....
BACKGROUND OF THE STUDY
It is an undisputable fact that the contribution of microfinance to entrepreneurship activities is increasing bei...
The purpose of the study was to investigate how home variables affect maladjusted behavior among adolescents in secondary scho...
ABSTRACT: Early childhood education and creative problem-solving are close...
ABSTRACT
One of the major challenges of governance in Nigeria is corruption especially in the public service. In response to this challen...
ABSTRACT
The dynamism and complexity of Nigeria’s federalism has attracted academic scrutiny. Thi...