Challenges of Financial Reporting Practice in Public sectors in Ethiopia.

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Addis Ababa University


The purpose of this study is to assess the Challenges of financial reporting in public sector in Ethiopia. The primary data was collected using questionnaire while the secondary data were collected from files, office manuals, circulars and policy papers then the collected data are analyzed using statistical analysis then presented using tables, graphs, charts and descriptive statistics. The study found that challenges of financial reporting by Ethiopia would improve the quality of accounting so as to make judgmental decision among users of accounting information. One of the foremost requirements to operate a public finance successfully is to have a good financial reporting system in place. The study was conducted taking the sample through which included institutional, political infrastructural as well as socio- economic that hamper the effectiveness, efficacy and accuracy as well relevance of financial reporting in the study areas. The accuracy and relevance of public financial report has to increase its level of accuracy by avoiding measurement, process and preparation errors and formulating high standardized reporting procedures and system supported with infrastructure for the real time decision making. This would have shed light to increase the standard of public financial reporting in the public sector to maintain accuracy reliability and timeliness and punctuality for real time decision making on the basis of financial reporting.


A Project submitted to the Department of Accounting and Finance College of Business and Economics Presented in partial fulfillment of the requirements for the degree of Master of Science in Accounting and Auditing


Ethiopia, public sectors