International records / OpenAlex research

Internal Control System and Financial Accountability in State Owned Polytechnics in Oyo State, Nigeria

This study examined the effect of internal control systems on financial accountability in state owned polytechnics in Oyo State, Nigeria. Specifically, the study investigated the influence of control environment and control activities, risk assessment, information and communication, as well as monitoring and evaluation activities on financial accountability. A descriptive survey research design was adopted, with a population of 935 staff drawn from the Registry, Bursary, and Audit departments of selected institutions. A sample size of 364 respondents was determined using the Yamane formula, an…