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The Role of Public Sector Audit and Financial Control Systems in Safeguarding Public Funds in Sudan

Journal of Administrative and Economics Science

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Title The Role of Public Sector Audit and Financial Control Systems in Safeguarding Public Funds in Sudan
 
Creator El-Nafabi, Dr. Hussein M.
 
Description Public sector audit and financial control systems have an important role in ensuring the accountability for the use of public fund,and safeguarding the limited public resources against corruption and other misuse and unlawful practices. The study aims to identify andprovide a description, assessment and analysis of financial corruption committed in the Sudanese public sector entities at the federal, state,and local levels, and; the role of public audit and financial control in safeguarding the limited public resources and minimizing financialcorruption in the Sudan.The objective of this study is to address the contexts that perverse incentives for financial corruption to exist, and try to providepractical solutions. The factors that can facilitate financial corruption in the Sudan include weak and ineffective internal control systems,deficiencies in the accounting systems, the penalties are not harsh enough, very low salary levels, backlog of external auditing, and nepotism.The study revealed that the administrative financial corruption in the Sudan is deeply rooted and is institutionalized.The study will serve to underscore and guide the Sudanese administrative reformers who are intending to combat financial corruptionand introducing practical reforms for the corrupt systems. It is argued that combating corruption and other economic crimes can help in betterdistribution of national wealth, and ensure sustainable economic development in the Sudan.Keywords: Public audit, financial control, accounting system, financial corruption, Sudan.
 
Publisher Qassim University Academic Publishing and translation
 
Contributor
 
Date 2014-06-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://publications.qu.edu.sa/ojs/index.php/economic/article/view/819
 
Source Journal Of Administrative And Economics Science; Vol 2, No 2
 
Language eng
 
Relation http://publications.qu.edu.sa/ojs/index.php/economic/article/view/819/779