The purpose of this study is to assess the efficacy of Adamawa state Ministries, Departments, and Agencies' internal control systems (ICS) (MDAs).
Survey research design was used in this study.
Sample: Ministries, Departments, and Agencies in Adamawa State in 2019. Place and Duration of Study:
Methodology: The study used a sample size of 165 target respondents, which included all heads of MDAs, directors of finance, internal auditors, and two senior personnel from ministries, departments, and agencies' accounts and audits. Primary data was employed in the study, and a questionnaire was used to gather data for analysis. The efficiency of internal control systems was evaluated using descriptive statistics and the ANOVA test to assess the study's hypothesis across four dimensions: control environment (CE), control activities (CA), information and communication (IC), and monitoring of controls (MC).The effectiveness of ICS for MDAs in Adamawa state was determined to be good, according to the research. CE, CA, IC, and MC received the highest scores in the Departments category. Their total efficacy reflects this. However, other groups (Ministries and Agencies) showed modest ICS efficacy, notably the Agencies with the lowest CE and CA ratings.Departments should maintain their level of internal control systems by effective monitoring and separate reviews of their control systems, according to the report. This will aid in the enhancement or maintenance of their present internal control systems. Control Environments should be strengthened by mechanisms such as a dedication to integrity, ethical principles, and competence, and Control Activities should be strengthened by ensuring that illegitimate transactions are not performed and additional controls are put in place to minimise overspending. This will improve the effectiveness of the other internal control components.
Please click here: https://journalajeba.com/index.php/AJEBA/article/view/30276
No comments:
Post a Comment