|Published Online: November 30, 2015||$US5.00|
Cost control has been a fundamental principle of any promising organization like the local governments in Kaduna State, Nigeria. The role of accountant is central to controlling cost by ensuring that funds are judiciously utilized towards meeting organizational needs and objectives. However, the accountant being central to the control process makes him or her the control instrument, not the cost. On the other hand, such control of the accountant is a function of accounting for behavioral attitudes in the light of public governance and internal control system mechanisms. The objective of this study is to determine the extent to which governance and internal control mechanisms at the local government level direct the accountant’s influence on the cost assigned under his or her responsibility. The study employed secondary sources of data and regression analysis to test the hypothesis formulated for the study. Results indicate a significant relationship between the interface of governance and control mechanisms on the accountant’s attitude towards promoting a judicious cost-control process. In this light, adhering to the interpretation of rules and codes at the workplace must promote and display integrity, honesty, and prudence by employees of the local government. Secondly, sanctions and rewards should be used accordingly.
|Keywords:||Behavioral Accounting, Cost Control, Accountant, Nigeria|
The International Journal of Interdisciplinary Global Studies, Volume 10, Issue 4, December 2015, pp.15-29. Article: Print (Spiral Bound). Published Online: November 30, 2015 (Article: Electronic (PDF File; 713.752KB)).
Lecturer, Department of Accounting, Kaduna State University, Kaduna, Kaduna State, Nigeria