The Implications of Accountability and Transparency on Public Sector Financial Management: A Case of Taraba State Ministry of Finance Jalingo, Nigeria

Abstract

This paper assesses the implications of accountability and transparency on Public sector financial Management: A case of Taraba State Ministry of Finance Jalingo, Nigeria. This expository survey research collected Primary data through the administration of questionnaires whereas secondary data was obtained from textbooks, Journals, magazines and internet. Standard tables, simple percentages and four point likert scales were used to present and analyze demographic data whereas Analysis of Variance popularly known as ONOVA was used to test and analyze the three hypotheses formulated to satisfy the requirement of the objectives of the study. The findings of this paper among others include the facts that Taraba State ministry of finance has well able personnel for proficiency in maintaining accounting records for the purpose of accountability, the procedure for accountability in terms of budget preparation, keeping of proper books of accounts, auditing and presentation of financial statement impacts greatly on the financial management of ministry of finance and that ministry of finance have multi dimensions of achieving accountability which truly have the capability of achieving financial management in ministry of finance. This research work recommends among others that the tenets of accountability should be properly adopted so that it can have an overall effect on financial management of ministry of finance and that the ways of achieving accountability by ministry of finance should be communicated thoroughly to all stakeholders in the temple of accountability capable of translating its management of finance to a place of prominence.