Assessment of Integrated Financial Management Information System (IFMIS) implementation on Ministry of Finance

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Date

2024-06-10

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A.A.U

Abstract

The main objective of the study is to identify the effective of IFMIS on the financial management practices of selected governmental agencies in Ethiopia in addressing the objective of the study, descriptive research design was used. Purposive sampling technique was used in picking relevant respondents using interview and questionnaire primary data was collected while a thorough review of relevant documents was made using secondary sources to corroborate the primary data collected descriptive as well as inferential statistics applying with Stata V.15 were used in analyzing the data the findings primarily show that IFMIS has enhanced transparency and accountability by providing users with real-time access to financial data and reports thereby reducing the prospect of fraud and mismanagement this research contributes to support developed existing literature about IFMIS Software the study recommends IFMIS software must be integrate other software to get a good performance include staff training system integration, technical support, collaboration and user engagement this research contributes to existing literature the study aims to evaluate the effectiveness, efficiency, and impact of IFMIS on financial management processes within the ministry key metrics include improvements in transparency, accuracy, and speed of financial reporting and decision-making the research employs a combination of quantitative data analysis and qualitative interviews with key stakeholders. Findings are expected to provide insights into best practices and areas for improvement in the deployment of financial management systems in governmental bodies.

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