IJSSE - International Journal of Social Sciences and Entrepreneurship Upcoming Journals: International Journal of Innovation and Management (IJIM), International Journal of Engineering and Architecture (IJEA) & International Journal of Science and Agriculture | IJAE, IJEF & IJHRP Call for Papers - Forthcoming Issue (Decemer 2014). Submission deadline: 25th December 2014 |

No images

UserInfo


107.22.126.144
Canada Canada
Your Time

User Statistics Info
IJSSE is one of the leading International Journals by User Statistics!

Login Form



IJSSE Newsletter Form
Full Names *
E-mail Address: *
Country *
PDF Print E-mail

FINANCIAL ACCOUNTABILITY PERFORMANCE OF MAJOR STATISTICAL AGENCIES IN THE PHILIPPINES:

ECONOMIC AND ETHICAL PERSPECTIVES

 

(PART1)

 


Maria Celeste D.L. Balanza

Graduate School, University of Santo Tomas, Manila, Philippines

CITATION: Balanza, M.C, & Morga, M. R, (2015). Financial accountability performance of major statistical agencies in the Philippines: Economic and Ethical perspectives (part 1). International Journal of Finance and Accounting 4 (5), 1-17.

 

 

ABSTRACT

The President Aquino’s administration, promoting good governance via “economic” and “ethical” delivery of public service, passed the law Republic Act 10625 on July 23, 2013. Also known as the “Philippine Statistical Act of 2013”, this act reorganizes the Philippine Statistical System by creating the “Philippine Statistics Authority”, the union of the four major statistical agencies namely: National Statistical Coordination Board, National Statistics Office, Bureau of Agricultural Statistics and Bureau of Labor and Employment Statistics. This paper aims to present the financial accountability performance in terms of economy and ethicality of the four agencies. To establish materiality and reliable position on the findings, the researcher also compared it with three other NEDA-attached agencies: Statistical Research Training Center, Tariff Commission and Philippine National Volunteer Service Coordinating Agency through survey and documentary analyses in the form of performance review to see whether these institutions are economic and ethical in handling government funds and that they are performing their mandated tasks along with the set targets of the Philippine Development Plan 2011 – 2016. Survey respondents are budget and financial accountability report preparers who assessed their agencies’ capability in financial accountability performance while performance reviews comprise horizontal analyses of three budget and financial accountability reports: a) Report on Physical Plan, b) Report on Financial Plan and c) Statement of Allotments, Obligations and Balances. These reports are reflected in each of the agencies’ website specifically in the “Transparency Seal”, a form of openness scheme and transparency program of the National Government Agencies wherein the public can openly see information about the agencies as well as their different accountability reports. The respondents’ assessments and the documentary analyses were then compared using Binomial Test. The results show that there is a significant difference between the analysis of financial accountability performance and the respondents' assessment of capability in financial accountability performance in terms of economy and ethicality.

 

Keywords: Good governance, financial accountability performance, public financial management.


Full Text PDF Format

 

 

 


 

 

 

 


 
Banner
Publication Disclaimer: The accountability of the article published in IJSSE journals is entirely of the author(s) concerned and not of the publisher/editor. The view expressed in the articles of any IJSSE journal is those of the contributors, and it does not essentially correspond to the views of the publisher/editor. It is responsibility of the authors to seek copyright clearance for any part of the content of the articles. The publisher/editor of IJSSE journals is not liable for errors or any consequences arising from the exercise of information contained in it.
Free counters!
IJSSE - International Journal of Social Sciences and Entrepreneurship | Copyright 2013 | All Rights Reserved  <