The effect of integrated financial management Information systems on the financial management Of public sector in kenya: a case of the kenyan Ministries
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Date
2012Author
Muigai, Evans Kamau
Type
ThesisLanguage
enMetadata
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This study discusses the subject of the effects of Integrated Financial Management
Information Systems (IFMIS) on the financial management of public sector. The IFMIS
provides a critical financial management solution for countries whose administrative and
economic infrastructure is obsolete, or has been destroyed through war and years of
conflict. There is broad agreement that a fully functioning IFMIS can improve
governance by providing real-time financial information that financial and other
managers can use to administer programs effectively, formulate budgets, and manage
resources. Sound IFMIS systems, coupled with the adoption of centralized treasury
operations, can not only help developing country governments gain effective control over
their finances, but also enhance transparency and accountability, reducing political
discretion and acting as a deterrent to corruption and fraud.
The study covered 42 government Ministries in Kenya where 30 accountants involved in
the use of Integrated Financial Management Information Systems were surveyed and data
collected using both primary and secondary questionnaires and review of economic
survey and statistical abstract. The study found out that IFMIS has greatly contributed to
improvement in financial management in Kenya.
The study recommended that IFMIS should therefore be rolled out to all public sector
departments in the country.
Sponsorhip
University of NairobiPublisher
School of Business
Subject
Integrated financial management Information systemsFinancial management Of public sector in kenya