Performance Audit and Public Sector Budgetary Efficiency in Southwest Nigeria

Abstract

This study examined performance audit and public sector budgetary efficiency in southwest Nigeria. Specifically, the study examined the effect of total quality management (TQM) on budgetary efficiency in Southwest Nigeria, Public service value (PSV) on budgetary efficiency in Southwest Nigeria and Government accountability system (GAS) on budgetary efficiency in Southwest Nigeria. Primary method of data collection was employed, through structured questionnaire and it was sourced from the Ministry of Finance, Ministry Rural Development, Ministry Health, Ministry Work and Infrastructure in selected Southwest States in Nigeria, which are, Lagos, Oyo and Ogun. Data were analyzed using both descriptive and inferential statistics. Descriptive analyses conducted in the study include frequency table, and pie chart while inferential analyses conducted in the study include linear regression and ANOVA analysis. F.test used to test the overall significance of the regression model while the coefficient of determinant r2, was used to determine how much variation the dependent variable was explained by the independent variable. Result revealed that coefficient of determination (r2) of total quality management, public sector value and government accountability system were 0.730, 0.654 and 0.433 which implies that about 73%, 65.4% and 43.3% variation in budgetary efficiency of the selected states can be explained by total quality management, public sector value, government accountability system in individual States. The study found out that total quality management (TQM), public service value (PSV) and government accountability system (GAS) indicated positive and significant effect on budgetary efficiency in southwest Nigeria, (.854, p .000 < 0.05), (809, p 0.003 < 0.05) and (.658, p .002 < 0.05) respectively. The overall regression model of (Total quality management, Public sector value and Government accountability system in the selected States) are significant in terms as F calculated (256.641, 83.084 and 61.846) are greater than F critical (3.89) respectively. The study concluded that total quality management, public service value and government accountability system have significant effects on public sector budgetary efficiency in Southwest Nigeria, and positively related.

Professionalizing Public Administration and the Impact of Performance Audit on Public Organizations in Tanzania

“…for the management of public affairs (Troupin, 2012). Similarly, Olaoye and Adedeji (2019) believe that public sector auditors should be given a chance to influence policy decisions by teaming up with other professions to carry out effective performance audits.…”

“…However, despite the above endeavors, few studies have looked at the impact of performance audits on African public organizations (Amara, 2014;Bawole & Mohammed, 2015;Gustavson, 2012;Olaoye & Adedeji, 2019). To resolve this challenge, a situation-specific public management approach needs to be developed for Africa (Jordaan, 2013).…”

“…The above finding simply revealed that professional norms and the influence of regional and international professional bodies play a key role in performance auditing in the public sector. Therefore, administrative engineers must engage with other experts, such as audit and accounts experts, to provide abstract knowledge to solve internal professional struggles (Olaoye & Adedeji, 2019;Troupin, 2012).…”

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“…In this work, new technologies play an important role, with the help of which information can be generated that allows for the creation of new enterprises (Lubis et al, 2018), maintain an entrepreneurial spirit and even increase the income of the population (Shahzad et al, 2019). Strategically, the use of open data has three groups of benefits: economic, social, and related to good governance (Olaoye et al, 2019). Moreover, Otekunrin et al (2021) opined the proper implementation of the electronic tax system helps mitigate the problem of tax evasion that causes economic and social detriments in the tax administration system.…”