ANALYSIS OF INFLUENCE OF TREASURY SINGLE ACCOUNT ON THE EFFECTIVENESS OF PUBLIC FINANCE MANAGEMENT IN TERTIARY INSTITUTIONS IN SOUTH-SOUTH, NIGERIA

SOURCE:

Faculty: Education
Department: Technology Education

CONTRIBUTORS:

Ashibogwu, N. K.
Okoye, K.R.E.

ABSTRACT:

The study was designed to analyse the influence of treasury single account on the effectiveness of public finance management in tertiary institutions in South-South Nigeria. Four research questions were posed and eight null hypotheses were tested at 0.05 level of significance. The study adopted a descriptive survey design and the population of the study comprised 48 bursars in federal and state owned tertiary institutions in South-South Nigeria and there was no sampling. The instrument was validated by two experts in accounting and one expert in measurement and evaluation. The Cronbach Alpha method was used to establish the reliability of the instrument and the overall reliability of 0.82 was obtained. Data were collected for the study through the administration of validated instrument on the respondents. The mean and standard deviation were used to analyse data in relation to the research questions while the analysis of variance (ANOVA) was used to test the null hypotheses. The findings of the study revealed that treasury single account highly influences the effectiveness of fraud control, accurate accounting, budgetary control and cash management. The findings of the study also revealed that there is no significant difference in the mean ratings of respondents on the influence of treasury single account on the effectiveness of fraud control, accurate accounting, budgetary control and cash management based on educational qualification and years of working experience. Based on the findings, it was concluded that treasury single account highly influences the effectiveness of public finance management in terms of fraud control, accurate accounting, budgetary control and cash management. It was recommended among others that the federal government should continue to operate with the principle of treasury single account and that the states and local governments should fully adopt the operations of treasury single account

Download Paper

Recently browsed

Comparative Effectiveness Of Constructivist And Meta-learning Teaching Methods On Students’ Achievement And Retention In Basic Electricity In Technical Colleges

Effect Of Collaborative Teaching Method On Academic Achievement Of Secondary School Students In Financial Accounting In Oyo State, Nigeria

Effects Of Assertiveness Training And Self-management Techniques On Modifying The Low Self-concept Among Secondary School Students In Awka Education Zone

Assessment Of Application Of Employability Skills By Office Technology And Management Graduateemployees In Edo And Delta States, Nigeria

Personality Traits And Self-efficacy As Predictors Of Secondary School Students’ Social Adjustment In Anambra State

Acceptability Of Multi-source Feedback On Principals For Improved Management Of Secondary Schools In Anambra State

Analysis Of Tetfund Intrventions In Improving The Quality Of Business Education In Tertiary Institutions In Edo And Delta States

Appraisal Of Management Measures For Controlling Fund Wastages And Misappropriation In Secondary Schools In Anambra State

Assessment Of Entrepreneurial Skills Needed By Business Education Graduates In Delta State, Nigeria

Assessment Of Principals' Application Of Elements Of Human Relations In Staff Personnel Management In Anambra State Secondary Schools

Assessment Of The Extent Of Utilization Of E-marketing Application By Small And Medium Enterprises In South Eastern States Of Nigeria

Assessment Of The Provision And Resources Utilization For The Implementation Of Office Technology And Management Curriculum In Polytechnics In South-south Nigeria