The Impact Of The Ghana Integrated Financial Management Information System (Gifmis) On Accountability And Transparency; A Case Study Of Ministry Of Lands And Natural Resources.

Subscribe to access this work and thousands more

ABSTRACT

Studies have established that effective and efficient public financial management is one of the most effective

ways ensuring accountability and hence promote good governance. Failure to attain financial accountability

serves as a breeding ground for weak public accounting, poor expenditure control, cash mismanagement and the

mismanagement of financial records. In order to achieve financial accountability, there is the need for a system

that ensures effective financial management. The government of Ghana has adopted IFMS which is intended to

ensure proper financial management and accountability. This study aimed at examining the implementation of

GIFMIS and how it has impacted accountability in Ghana. The study employed a qualitative study on 40

respondents from Ministry of Lands and Natural Resources and observed that the introduction of GIFMIS has

helped in revenue mobilization, promotes Efficiency, Transparency and Accountability of Public Financial

Management. Lastly, the study found that GIFMIS has helped enhance the timely dissemination of vital

information within the Ministry of Lands and Natural Resources.

Subscribe to access this work and thousands more