International Journal of Academic Management Science Research (IJAMSR)
  Year: 2023 | Volume: 7 | Issue: 5 | Page No.: 86-97
Internal Control System and Accountability in the Government Estabilishment Download PDF
Olajire, Isaiah Olawole, Afolabi, Rukayat Toyin, Olakanmi, Olukunle James, Oyegbemi, Moses Omololu

Abstract:
The current work evaluates internal system accountability and control in the public sector. This study aims to evaluate the role of internal systems of control in government firms, the function of internal systems of control in preventing fraud in public organizations, the relationships between internal systems of control and accountability, and finally the impact of internal system of control implementation on accountability. In the state of Osun, the study was completed utilizing a survey design. In this study, the personnel from the ministries of business, agriculture, and culture were taken into account. One hundred and seventy-seven questionnaires total were provided to and collected from the chosen staff members. For questionnaire analysis, the basic percentage technique was used. Chi-square analysis was used to test hypotheses. The findings demonstrate significant differences in the following areas: internal control effectiveness in government business accountability, fraud prevention by internal control in government firms, and the relationship observed between internal controls at internal together with accountability and the internal control used on behalf of government firms. Control has been implemented or applied in three specific ministries, and it has been correctly set up and is sufficient effectively and efficiently for financial accountability. According to the research, the government should routinely review and examine the control mechanisms in place in their organization.