Factors Affecting Effectiveness of Public Procurement Auditing: Evidence from Selected Public Sector Institutions in Ethiopia
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Date
2018-02
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Addis Ababa University
Abstract
The purpose of this study is to examine the Factors Influencing the Effectiveness of Procurement auditing in the Public Sector: Evidence from Selected Public Sector institutions in Ethiopia. The study examined how the Record management, Auditors competency, auditor’s independence and resource constraint influence the Effectiveness of procurement auditing in public sectors. In light of this objective, the study employed mixed methods research approach.Stratified random sampling design employed based on the nature of the target population. Consequently, the study selected a sample of sixty two (62) individuals from 73 target populations and Three (3) top management for interviwe. The data analyzed on quantitative basis using inferential and descriptive statistics and qualitative data was analyzed by thematic analyses. Findings indicate that record management, auditor’s competency, auditors’ independence and resource constraint have significant impact on public procurement auditing effectiveness. From the study conclusions are made. First the model depicts that record management accounts for 44.3% of variations in public procurement auditing, second auditors competency accounts for 27.3%, third, auditors independence accounts for 28.9 % and lastly resource constraint accounts for 30.1% of variations in public procurement auditing effectiveness. Based on the findings, the study recommends PPA and other public bodies that carry out procurement auditing should protect auditor’s independence, properly allocate audit work budget and time, release budget timely, paid enough salary and benefit to auditors, maintain enough staff and sufficient resource andmaintain long and short time training for audit experts public bodies that carry out procurement should maintain complete and accurate, procurement process records, manage procurement record centrally and kept procurement records in its category
Description
A Project Submitted to the Department of Accounting & Finance at Addis Ababa University in Partial Fulfillment of the Requirements for the Degree of MA in Accounting and Auditing
Keywords
Auditors competency, Effectiveness of procurement auditing, Record management