Accounting

Impact of Financial Management System on Organizational Accountability

Impact of Financial Management System on Organizational Accountability: A Study of Selected Firms in Nigeria

Research Objectives

i. To determine the role of the financial management system on accountability.

ii. To assess the correlation between effective financial management and organizational profitability.

iii. To determine the correlation between effective financial management and organizational return on assets.

Research Questions

i. What is the role of the financial management system on organizational accountability?

ii. What is the relationship between effective financial management and organizational profitability?

iii. What is the relationship between effective financial management and organizational return on assets.

Significance of the study

The study examines FMS implementation in Nigeria The findings of the study are expected to be useful to policymakers, practitioners, donors, and academics in a variety of ways. First and foremost, the study’s findings provide critical information for the state and its institutions to conduct future public-sector financial management changes. Second, the findings of the study will be useful to development partners seeking to improve the efficiency and effectiveness of government financial management. Furthermore, the research will contribute to the literature on national financial management reform.



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