Abstract
Building a sturdy monetary accounting machine is an crucial step in making the Puntland State of Somalia authorities (PSSG) a greater fantastic group that is able to supply fundamental public offerings to the people of Puntland. The purpose of this find out about is to determine the financial accountability in the PSSG. The learn about gathered data from six State institutions using questionnaires. Seventy civil servants participated in the study. The Data have been analyzed the use of descriptive data of imply and general deviation. The find out about discovered that the device of monetary accountability in the PSSG is improving. The learn about recommends to the PSSG to improve inner controls and economic reporting systems, put up tremendous finances records in a regular and well timed manner to the public; promote public participation in the price range method and strength the auditor usual to elevate out its functions effectively. Keywords: Accountability, Financial matters, Puntalnd State of Somalia Government (PSSG) Organizations. DOI : 10.7176/EJBM/11-34-02 Publication date: December 31 st 2019
Highlights
Accountability is a extensive time period that displays a vary of understandings as an alternative than a single paradigm
This finding confirms the investigative team's conclusion that there is a functional Public Financial Management (PFM) system in place rooted in law and procedure including a system of internal controls and that, the federal government has taken meaningful action to improve the capacity of PFM institutions of government
The purpose of this study is to assess the financial accountability in the FGS
Summary
Accountability is a extensive time period that displays a vary of understandings as an alternative than a single paradigm. There are many specific procedures and definitions of accountability this learn about adopts the definition of Curtin & Nollkaemper, (2005). A country is possibly to show up public economic accountability if its legislative committees and audit committees furnish for its residents indispensable oversight of the country’s public finances. Another indicator is the existence of budgeting and accounting systems that promote overall performance and that capture public organizations’ financial transactions precisely and in a well timed way. A united states might be publicly in charge financially if it maintains inner manipulate and performance reporting systems that test the awful report preserving and noncompliance with rules and rules (Sahgal & Chakrapani, 2000)
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