Research Factors Affecting the Organization of Cost Management Accounting: A Case of the Enterprises of Mining, Processing and Trading Constructions in the Southern Region (Published)
The primary role of a management accounting officer in an organization is to collect and provide appropriate and timely information to managers so that they can operate and control the organization’s operations and out decided. The enterprise managers often plan and make decisions about production schedules and schedules, marketing managers make decisions about advertising, promotion and pricing, and homes. Financial management often makes decisions on capital mobilization and investment. All these managers need information for their decisions. It is the management accounting staff that will provide useful information to managers at all levels of the organization. Therefore, a requirement for management accounting staff is that they must be knowledgeable about decision-making situations of managers. Besides, the research results showed that there were 150 accounting managers who interviewed and answered about 15 questions. The Data collected from 12/06/2016 to 15/12/2016 in the Southern region. The researcher had analyzed Cronbach’s alpha, KMO test, the result of KMO analysis used for multiple regression analysis. There are three components following: Political – economic environment, information technology system and human resource affecting the organization of cost management accounting at the enterprises of mining, processing and trading constructions in the southern region with significance level of five percent. The research results were processed from SPSS 20.0 software. The parameters of the model estimated by Least – Squares Method tested for the model assumption with 5% significance level.
Keywords: Accounting, cost management, management accounting and Ba Ria - Vung Tau University (BVU).
Accountability Practice in Kenya’s Public Service: Lessons to Guide Service Improvement (Published)
Although accountability is widely believed to be a good thing, the concept is highly abstract and it is often used in a very general way. Accountability is one of those words more often used than understood. The political reality is that accountability means that the government of the day must justify and explain its actions to the public, in the hope of maintaining trust and being re-elected.
A typical definition is that accountability concerns the processes by which those who exercise power whether as governments, as elected representatives or as appointed Officials, must be able to show that they have exercised their powers and discharged their duties properly. Theory and practice suggest that accountability practice in public sector is weak due to several reasons as shall be explored further in this study. While much of the accountability research work has focused on financial management accountability practice, little has been done on non-financial issues of accountability practice.
Public sector reforms and increased democratic space have given rise to greater demand for enhanced accountability practice in public service more than ever before. Citizens now demand for fair treatment, efficient and effective service delivery, citizen engagement in policy making and more specifically, the observance of the rule of law. This study therefore sought to establish the extent to which the whole range of accountability practices was evident in Kenya’s public sector. The study revealed that the current practice is one that promotes accounting for resources spent more than promoting accountability. It was further noted that public servants were more accountable to their seniors, the heads of departments and ultimately the president and his Cabinet than they were to the public which has put the government in place. Several lessons were learnt from this study which will be used to provide insight into the practice of accountability in public sector.
Keywords: Accountability, Accounting, Moral integrity, Public management and governance
Accounting Procedural Bottlenecks and Delay in Payment System in Tertiary Institutions in Ondo State, Nigeria (Published)
Tertiary Institutions in Nigeria have been passing through crisis which had threatened the ideals of the institutions. The issue of delay or prolong payment or refund of incurred expenditure to a member of staff of any institutions either for attending training / conferences or for the upkeep of an institutions has been a subject of discuss in recent time. Often time a member of staff is deprived of attending training and conferences which they are due for and qualified to attend either due to lack of funds or more often as a result of late approval and release of funds. The difficulty involved in accessing fund in our institutions can be ascribed to the unnecessary bureaucracy/ bottlenecks created within the system. This has undoubtedly caused a setback to the growth of our institutions. The study was carried out to find out the factors responsible for the delay and suggest ways for improvement. The study was a case study, survey design while the analysis follows the empirical causal design. Five randomly selected institutions in Ondo state were sampled for the study. 100 copies of structured questionnaires designed on a 5-point likert rating scales were distributed to the respondents. 94 copies of the questionnaires were duly filled and returned. Data obtained from the questionnaires were presented in tables and analysed with the use of descriptive statistics and Pearson Correlations. The study reveals that the delay in payment/ refund of staff entitlements was due to major management bottlenecks or bureaucracy and to a little extent a kind of constraints from the bursary and audit units.
Keywords: Accounting, Bottlenecks, Delay, Payment System, Tertiary Institutions