The Effect Of Treasury Management On Financial Accountability Of The Public Sector. A Case Study Of Ogbia Local Government
ABSTRACT
The study examine the effects of treasury management on accountability in Ogbia Local Government Council within 2010 – 2021 Data on cash management, Budget Implementation, Improved Expenditure Management and Revenue Forecast were collected from statement of income and expenditure and statutory allocation of the Council. The ordinary least square method was used to analyze the data. The study revealed that all the parameter variables of the study Cash Management, Budget Implementation, Expenditure Management and Revenue Forecast bears the expected positive sign with Treasury Management enhanced accountability. Furthermore, the F. statistics ratio of 310.10 indicates that the model is statistically significant at 5% level. It recommends that government at all the levels should employ expects on treasury management to maintain the treasury to enhance prudency of scale financial resources. Public fiscal policy should be formulated by the Government to stimulate accountability in management of cash. More so, the government should ensure that priority items in the budget estimates are executed. More allocation of fund to treasury department should stimulate project in execution by the government should be made.