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THE EFFECT OF FINANCIAL REPORTING PRACTICES ON FINANCIAL ACCOUNTABILITY IN THE PUBLIC UNIVERSITIES IN KENYA
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| dc.contributor.author | Ehaji Lumwaji Hesborn, Lumwaji Hesborn | |
| dc.contributor.author | Atieno, Margaret | |
| dc.contributor.author | Opanyi, Robert | |
| dc.date.accessioned | 2026-02-23T08:17:43Z | |
| dc.date.available | 2026-02-23T08:17:43Z | |
| dc.date.issued | 2025 | |
| dc.identifier.citation | Agung, M. (2020). The effect of financial reporting quality on regional governments’ performance accountability. KnE Social Sciences, 694-701. https://doi.org/10.18502/kss.v4i6.6636 Ahmed, S. O., & Ng’anga, P. (2019). Internal control practices and financial performance of county governments in the coastal region of Kenya. International Journal of Current Aspects, 28-41. https://doi.org/10.35942/ijcab.v3iV.59 Aifuwa, H., Embele, K., & Saidu, M. (2018). Ethical accounting practices and financial reporting quality. EPRA Journal of Multidisciplinary Research, 31-44. Retrieved from https://www.researchgate.net/publication/330182323_Ethical_Accounting_Practic es_and_Financial_Reporting_Quality Bergsteiner, H. (2012). Accountability theory meets accountability practice. London: Emerald Group Publishing. Retrieved from https://books.google.ro/books/about/Accountability_Theory_Meets_Accountabili .html?id=ngVkW_ydIaUC&redir_esc=y Chalam, G. V., & Ng’eni, F. B. (2017). Financial accountability and financial reporting in a decentralized environment (a case study of Tanzanian Local Government Authorities). International Journal of Management, 8(3), 14-31. Christensen, T., & Lægreid, P. (2015). Performance and accountability— A theoretical discussion and an empirical assessment. Public Organization Review, 15(2), 207-225. https://doi.org/10.1007/s11115-013-0267-2 Crawford, L., Morgan, G. G., & Cordery, C. J. (2018). Accountability and not‐for‐profit organisations: Implications for developing international financial reporting standards. Financial accountability & management, 181-205. https://doi.org/10.1111/faam.12146 Deegan, C. (2011). Financial Accounting Theory: European Edition. McGraw-Hill. Retrieved from https://books.google.ro/books/about/EBOOK_Financial_Accounting_Theory_Eur ope.html?id=Y6QzzgEACAAJ&redir_esc=yEhaji Lumwaji Hesborn, Atieno Margaret. Robert Opanyi THE EFFECT OF FINANCIAL REPORTING PRACTICES ON FINANCIAL ACCOUNTABILITY IN THE PUBLIC UNIVERSITIES IN KENYA European Journal of Economic and Financial Research - Volume 9 │ Issue 5 │ 2025 74 Dewi, N., Azam, S., & Yusoff, S. (2019). Factors influencing the information quality of local government financial statement and financial accountability. Management Science Letters, 1373-1384. https://doi.org/10.5267/j.msl.2019.5.013 Duenya, M. I., Upaa, J. U., & Tsegba, I. N. (2017). Impact of international public sector accounting standards adoption on accountability in public sector financial reporting in Nigeria. Archives of Business Research. https://doi.org/10.14738/abr.510.3693 Dutta, S., & Patatoukas, P. N. (2017). Identifying conditional conservatism in financial accounting data: Theory and evidence. The Accounting Review, 92(4), 191-216. https://dx.doi.org/10.2139/ssrn.2615205 Frink, D. D., & Klimoski, R. J. (2004). Advancing accountability theory and practice: Introduction to the human resource management review special edition. Human resource management review, 14(1), 1-17. Retrieved from https://doi.org/10.1016/j.hrmr.2004.02.001 Hopper, T., Lassou, P., & Soobaroyen, T. (2017). Globalisation, accounting and developing countries. Critical Perspectives on Accounting. 125-148. https://doi.org/10.1016/j.cpa.2016.06.003 Johnston, R., & Petacchi, R. (2017). Regulatory oversight of financial reporting: Securities and Exchange Commission comment letters. Contemporary Accounting Research. 1128-1155. Retrieved from https://doi.org/10.1111/1911-3846.12297 Kisanyanya, G. A. (2018). Internal control systems and financial performance of public institutions of higher learning in Vihiga county, Kenya. Retrieved from https://irlibrary.ku.ac.ke/items/6fea90fb-33cf-4285-b1a4-ad99359c2395 Public Financial Management Act. (2020). Public Finance Management Act Report Section 194. Nairobi. Schroeder, R. G., Clark, M., & Cathey, J. (2022). Financial accounting theory and analysis: text and cases. John Wiley & Sons. Retrieved from https://books.google.ro/books/about/Financial_Accounting_Theory_and_Analysi s.html?id=oVKsDwAAQBAJ&redir_esc=y Stolowy, H., & Paugam, L. (2018). The expansion of non-financial reporting: an exploratory study. Accounting and Business Research, 525-548. https://doi.org/10.1080/00014788.2018.1470141 The Auditor General Report. (2021). Report of the Auditor General on Public Universities of Kenya for the year ended 30th June 2021. Nairobi: Office of the Auditor General. Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2018). Financial Accounting with International Financial Reporting Standards. John Wiley & Sons. Retrieved from https://www.wiley.com/enus/Financial+Accounting+with+International+Financial+Reporting+Standards%2 C+5th+Edition-p-9781119787051 Whittington, C. (2007). Financial accounting theory: An over-view. Profitability, Accounting Theory and Methodology. The Selected Essays of Geoffrey Whittington, 367. Retrieved fro | en_US |
| dc.identifier.issn | 2501-9430 | |
| dc.identifier.uri | http://erepository.kafuco.ac.ke/123456789/295 | |
| dc.description.abstract | This study evaluated the impact of financial reporting on financial accountability in public universities in Kenya. The study was anchored on Accountability Theory and Financial Accounting Theory. The target population comprised 409 respondents drawn from finance officers, council chairpersons, vice-chancellors, internally generated income coordinators, accountants, and internal auditors. A sample of 202 participants was determined using Yamane’s formula. Employing a descriptive research design, primary data were collected through structured questionnaires. Data were analyzed using descriptive and inferential statistics. The linear regression model showed a negative and significant effect of financial reporting on financial accountability (unsupported expenditure) in the public universities in Kenya, with a regression coefficient of -0.287. The study concludes that effective application of financial reporting practices enhances financial accountability by curbing unsupported expenditures in Kenyan public universities. It recommends structured capacity-building for accounting staff and the establishment of robust authorization and approval frameworks to strengthen fiscal discipline and governance integrity. | en_US |
| dc.language.iso | en_US | en_US |
| dc.publisher | European Journal of Economic and Financial Research | en_US |
| dc.relation.ispartofseries | 2;vol 9 | |
| dc.subject | financial reporting practices, financial accountability, public universities | en_US |
| dc.title | THE EFFECT OF FINANCIAL REPORTING PRACTICES ON FINANCIAL ACCOUNTABILITY IN THE PUBLIC UNIVERSITIES IN KENYA | en_US |
| dc.type | Preprint | en_US |
