ACCOUNTING FOR PUBLIC SECTOR INNOVATION AND TECHNOLOGY INVESTMENTS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT: ACCOUNTING FOR PUBLIC SECTOR INNOVATION AND TECHNOLOGY INVESTMENTS
This study explores accounting for public sector innovation and technology investments, aiming to (1) evaluate the accounting practices for tracking innovation and technology investments, (2) assess the impact of these investments on public sector efficiency, and (3) analyze the role of governmental accountants in managing innovation-related financial data. A survey design was utilized to collect data from a substantial respondent base, with a sample size of 395 accountants derived using Taro Yamane’s formula, ensuring a 95% confidence level and a 5% margin of error. The research was conducted in Lagos, a hub of technological advancements. The survey achieved a reliability coefficient score of 0.93. Findings indicate that effective accounting practices for innovation and technology investments significantly enhance public sector efficiency. Recommendations include developing standardized accounting frameworks for innovation investments and providing targeted training for accountants in managing technology-related financial data.
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