@Article{pakinsight, AUTHOR = {}, TITLE = {Value for Money (VFM) Audit and Public Sector Performance in Afikpo North Local Government Area of Ebonyi State, Nigeria}, JOURNAL = {International Journal of Public Policy and Administration Research}, VOLUME = {6}, YEAR = {2019}, NUMBER = {2}, PAGES = {147-156}, URL = {http://www.pakinsight.com/archive/74/06-2019/2}, ISSN = {2312-6515}, ABSTRACT = {The study aims to determine the impact of value for money auditing in Ebonyi State with regards to ensuring efficient and effective accountability of public fund, as well as to ascertain how the application of value for money audit helps in enhancing the transparency of accounting system. Two hypotheses were put together in line with the objectives of the study. Survey method was adopted as the research design and data was collected through the use of questionnaire. Data generated was examined using percentages and the formulated hypotheses were tested with the help of chi- square statistical formula at 5% level of significance. It found that value for money audit has a significant impact in ensuring that the public fund is effectively and efficient accounted for; it also reveal that value for money audit is capable of enhancing the transparency of accounting system. The implication of this finding is that the absence of audit department or adequate qualified value for money audit staff in any sector will result to ineffective and inefficient transparency of accounting system and unaccountability of public fund. This study concludes that the impact of value for money audit in the performance of public sector cannot be overemphasized where there is no political and administrative interference of the controlled council officials. Therefore, the study recommends among others, that the government should improve the remuneration and fringe benefits of auditors as this would enhance their efficiency and sincerity in carrying out their duties. }, DOI = {10.18488/journal.74.2019.62.147.156} }