An Investigation in the Role of Accounting in the Public Sector Citing Two Departments in Zambia

Only available on StudyMode
  • Download(s) : 285
  • Published : June 8, 2012
Open Document
Text Preview
[pic] Student ID 10038405

RESEARCH METHODS

RESEARCH PROPOSAL

MSc. ACCOUNTING & FINANCIAL MANAGEMENT (FAST TRACK)

NAME: MAILES MBEWE LUPIYA

DATE DUE: 29th MARCH 2012

WORD COUNT: 1500

TABLE OF CONTENT

1.0 INTRODUCTION……………………………………………….. 3

2.0 LITERATURE REVIEW………………………………………….. 4

3.0 RESEARCH PARADIGM, METHODS………………………… … 5

4.0 ANALYSIS METHODS……………………………………………… 6

5.0 ETHICAL CONSIDERATIONS …………………………………… 8

6.0 TIMEFRAME …………………………………………………….. 9

7.0 REFRENCES …………………………………………………….. 9

8.0 REFLECTIVE STATEMENT………………………………… …… 12

9.0 APPENDIX- RESEARCH ETHICAL APPROVAL FORM

Research topic:

An investigation in the role of accounting in the financial management of public sector in the context of financial reporting: the case study of ministry of Finance national planning & Development and Ministry of Home Affairs in Zambia

1.0 Introduction
Zambia a democratic country is one of the former rich countries in Africa who is now among the poor ones in the African continent. She has not been left out of the public sector reforms that are worldwide. Although globally the public sector reforms have greatly improved as noted by ACCA (2010), most developing countries are still lagging behind and Zambia is no exception. Most accounting researchers agreed that public sector financial management does improve the public sector outcomes and it has an impact on the way resources are utilised. However, Rahaman and Lawrence (2001) noted that most literature reported inadequacies’ in the public sector accounting and financial management systems and practices in the developing countries

With the reforms that Zambia has undertaken, it is expected that all the accounting roles are observed knowing that the public sector recruited qualified accountants to enhance efficiency and its financial performance. Also there are new financial information systems that have been implemented. What could have gone wrong that even then the office of the auditor general still has issues with most public sectors? From 2005, the office of the audit general has being qualifying the financial reports issued by most government departments. The irregularities in accounting systems, the financial reports are delayed, not only that at times they not correct. Moreover there are even cases of misapplication and misappropriation of funds. One is left to wonder whether all the roles of accounting are observed.

Two ministries that will be used are Ministry of Finance National Planning and Development (it has various accounting units within it) and being employing ministry for all accountants in Zambia. It is also in charge of all disbursements to all public sector departments. Therefore as a controlling ministry for sourcing, budgeting disbursements, and monitoring of both income and expenditure it will give a broader perspective of the roles of accounting in the Zambian public sector. The other ministry to be involved in the project is Ministry of Home Affairs. It also has six departments within that will be used to gather data for the project.

The project will assess what the roles of accounting are in relation to financial management and reporting and accountability. Therefore the accounting practices and systems in the two ministries will be assessed to ascertain their effectiveness. Later all financial management systems will be investigated to check on how they are being utilised and what they value they have added to public sector financial management. There will also be need to find out what relationship exist between financial reporting and budgeting systems in relation to the roles that accounting has in the public sector. On the other hand it will be necessary to investigation the link between the accounting...
tracking img