THE ROLE OF GOVERNMENTAL ACCOUNTANTS IN COST MANAGEMENT
- Project Research
- 1-5 Chapters
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- Simple Percentage
- Abstract : Available
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- Recommended for : Student Researchers
- NGN 3000
THE ROLE OF GOVERNMENTAL ACCOUNTANTS IN COST MANAGEMENT: This study aims to (i) evaluate the role of governmental accountants in managing costs, (ii) identify the challenges they face in cost management, and (iii) propose strategies for effective cost management. The survey design is employed to collect data from a wide range of governmental accountants. A sample size of 345 respondents, derived using Taro Yamane's formula, ensures robust statistical validity. The case study is conducted in Ogun State, chosen for its diverse governmental financial activities. The reliability coefficient score of the survey instrument is 0.85. Findings reveal that governmental accountants play a critical role in cost management but face challenges such as budget constraints and lack of advanced tools. Recommendations include the implementation of more sophisticated cost management tools and continuous professional development to enhance the skills of governmental accountants.
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