IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2023i2p7-17.html
   My bibliography  Save this article

Effect of Internal Audit Function on Public Sector Accountability in Southwest, Nigeria

Author

Listed:
  • Gideon Tayo Akinleye

    (Ekiti State University)

  • Akinduro Adesola Ogunmakin

    (Ekiti State University)

Abstract

This research analyzes the effects of the internal audit function on public sector accountability in the southwest of Nigeria, and specifically, the study assesses the impact of technical skills on public sector accountability in Nigeria, the Southwest. The study used primary data collected by administering the formal questionnaire. The results were obtained from a cross-sectional sample of public sector organizations, mostly local authority institutions. The population for the survey included the local authorities in Southwest Nigeria. Ondo State and Ekiti State were selected due to the availability of sufficient knowledge and ease of access. The data was analyzed using the multiple regression analysis method. The findings reveal that there is a negative and important 5% meaning association between INA and PAC dependent on standardized coefficients (-0.199) and the chance value (0.042). In addition, there is a large negative 5% COMP/PAC association dependent on standardized coefficients (-0.506) and a chance value (0.000). The analysis thus concluded that the internal audit service is insufficiently impartial to foster transparency in the public sector. This means that certain measures or method of intervention with the internal audit department’s operations still remain.

Suggested Citation

  • Gideon Tayo Akinleye & Akinduro Adesola Ogunmakin, 2023. "Effect of Internal Audit Function on Public Sector Accountability in Southwest, Nigeria," EuroEconomica, Danubius University of Galati, issue 2(13), pages 7-17, August.
    • Handle: RePEc:dug:journl:y:2023:i:2:p:7-17
    as

    Download full text from publisher

    File URL: https://dj.univ-danubius.ro/index.php/JAM/article/view/2354/2548
    Download Restriction: no
    ---><---

    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:dug:journl:y:2023:i:2:p:7-17. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Florian Nuta (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    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.