Title:
FINANCIAL STATEMENT TRANSPARENCY, PUBLIC RESOURCE MANAGEMENT ACCOUNTABILITY AND CASH ACCOUNTING BASIS IN PUBLIC TERTIARY INSTITUTIONS IN EKITI STATE NIGERIA

Authors:
Olatunji V. A, Alake S.F

Volume - 2 Issue - 5, Pages - 3213-3226

Abstract:
The study examined the impacts of resource management accountability and cash accounting basis on financial statement transparency in tertiary institutions in Nigeria using Ekiti State as a case study. The population of the study includes relevant staff in the three public institutions in Ekiti State namely; College of Education Ikere, Ekiti State University and Federal Polytechnic Ado Ekiti. A total of 299 respondents are sampled and structured questionnaires are used to elicit information form the respondents on the following variables; accurate record of budget ARB, Resource management accountability RMA, Quality accounting information QAI and Fraudulent financial practices FFP. All these are used as the independent variables while, the dependent variable is financial statement transparency. Both ANOVA and regression analysis result show that resource management accountability has significant direct relationship with financial statement transparency. Accurate Record and cost of Revenue has a direct relationship with financial statement transparency but insignificant. The implication is that adequate resource management strategy is germane to enhancing financial statement transparency while accurate record and cost of revenue have not been effective in promoting financial statement transparency in these three institutions.

Cite this Article:

[V.A, Olatunji Bahadur, and Alake S.F. "FINANCIAL STATEMENT TRANSPARENCY, PUBLIC RESOURCE MANAGEMENT ACCOUNTABILITY AND CASH ACCOUNTING BASIS IN PUBLIC TERTIARY INSTITUTIONS IN EKITI STATE NIGERIA." International Journal of Social Science & Economic Research 2.4 (2017): 3213-226.]