INFLUENCE OF INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM (IFMIS) ON THE PERFORMANCE OF GOVERNMENT ENTITIES IN NIGERIA.
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Date
2022
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Publisher
Department of Accounting and Finance, Kwara State University, Malete
Abstract
Public Sector Performance has been a contemporary discourse among researchers in
Nigeria. Despite the formidable regulatory and institutional frameworks put in place to
strengthen public sector finance management in Nigeria, the domain continues to struggle
with huge financial management infractions that are not in tune with the norms as well as
international best practices thereby resulting to performance failure. The main objective
of this study was to investigate the influence of Integrated Financial Management
information System (IFMIS) on performance of government entities’ in Nigeria. The
research design deployed was descriptive and inferential mixed research design using a
purposive sampling technique. The study population was 1504 comprises of selected top
and middle level pool officers in the Accountant-General for the Federation office on grade
level 13 to 17. The study’s primary data source sample size was 306 using Krejcie and
Morgan, (1970) while the interview sample size was also 3 (three). Primary data was
collected using questionnaire and interview while Partial Least Square was used to analyse
the quantitative data and Thematic/NVIVO was used to analyse the Qualitative data.
Finding from the quantitative analysis shows that a positive statistically significant
relationship exist between the two variables as the path model coefficient results indicates
that IFMIS is significantly related to both financial (β = 0.466; p< 0.05) and non-financial
performance of government entities’ with (β = 0.490; p< 0.001). Finding from the
qualitative analysis corroborated with the quantitative findings, its results however,
indicates existence of various challenges ranging from infrastructures deficient as well as capacity building issues for IFMIS operators; The study therefore concludes that IFMIS
significantly influence both financial and non- financial performance of government
entities with limitations of various challenges. The study recommends therefore, that
government should endeavour to provide strong Information Technology (IT)
infrastructure and the right capacity building of the operators as it is expected to increase
the level of performance in entities’, and assist in providing more meaningful information
for decision making process.