Assessing the Financial Accountability of the Somali Federal Government Organizations

Abstract

Building robust financial accountability system is an essential step in making the Federal government of Somalia (FGS) a more effective institution that is able to deliver basic public services to the people of Somalia. The purpose of this study is to assess the financial accountability in the FGS. The study collected data from six federal institutions employing questionnaires. Seventy civil servants participated in the study. The Data were analyzed using descriptive statistics of mean and standard deviation. The study found that the system of financial accountability in the FGS is improving. The study recommends to the FGS to upgrade internal controls and financial reporting systems, publish significant budget information in a regular and timely manner to the public; promote public participation in the budget process and strength the auditor general to carry out its functions effectively.

Keywords: Accountability, Financial matters, Federal government, Somalia