IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v8y2024i6p2525-2533.html
   My bibliography  Save this article

Integration of Financial Accounting Processes with County Government Resource Management

Author

Listed:
  • Rotich Amos Kipngeno

    (Master Student)

  • J.M Theuri

    (Lecturer, Department of Accounting and Finance, Kenyatta University.)

Abstract

The county government is a devolved unit of the national government. In Kenya there are 47 devolved units representing counties that require the Integrated Financial Management Information System (IFMIS) to track financial resources and provide a summary of financial information. However, despite the adoption of the IFMIS there are challenges associated with unpaid projects, high pending bills, funds misappropriation and corruption. To obtain a solution there is a need to examine whether the financial accounting process effectively contributes to resource utilization and distribution in the IFMIS. The challenges are. IFMIS system was developed to manage, track and secure procurement and financial processes. Therefore, the purpose of the study is to establish the effect of the financial accounting process on resource management in the County Government of Kericho. This was anchored on System theory to understand the process of the IFMIS system. The study used a descriptive research design where a census of 96 county executives and 16 administrations in the county assembly were given questionnaires. The questionnaire was utilized in the study which was both open and closed-ended questions. Data collected was coded and then analyzed using descriptive statistics such as mean and standard deviation as well as inferential statistics that utilized Pearson correlation. The results indicated that financial accounting integration assisted the county in the provision of sound accounting processes, access to cash flows and record-keeping across the department. Integration of financial accounting integration had a positive effect on resource management (P

Suggested Citation

  • Rotich Amos Kipngeno & J.M Theuri, 2024. "Integration of Financial Accounting Processes with County Government Resource Management," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(6), pages 2525-2533, June.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:6:p:2525-2533
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-8-issue-6/2525-2533.pdf
    Download Restriction: no
    File URL: https://rsisinternational.org/journals/ijriss/articles/integration-of-financial-accounting-processes-with-county-government-resource-management/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Seyed Moosa Mohammadi, 2014. "The Relationship between Financial Reporting Quality and Investment Efficiency in Tehran Stock Exchange," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(6), pages 104-113, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alsuhaibani, Waleed & Houmes, Robert & Wang, Daphne, 2023. "The evolution of financial reporting quality for companies listed on the Tadawul Stock Exchange in Saudi Arabia: New emerging markets' evidence," Emerging Markets Review, Elsevier, vol. 55(C).
    2. Rieke Pernamasari, 2019. "Analysis of Index Internet Financial Reporting: Studies in Banking Companies in Indonesia, Malaysia and Singapore," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 9(1), pages 150-159, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:8:y:2024:i:6:p:2525-2533. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.