Implementation of Good Governance in Public Sector Accounting: Evaluation of Effectiveness in Local Government

Abstract

The purpose of this study is to assess how well local governments' public sector accounting practices use good governance. A combination of quantitative data analysis of local government financial papers and in-depth interviews with public accountants and government officials comprise the study methodology. The primary findings show that the efficiency, accountability, and openness of local governments' financial management are greatly enhanced by the use of good governance. In summary, implementing good governance principles in public sector accounting improves public confidence and government accountability while also improving the efficiency of local government financial management. For local governments and policymakers, this study offers crucial insights into the role that sound governance plays in enhancing the financial performance of the public sector.