Empirical analysis shows improved financial reporting in local government, indicating that digital systems enhance transparency and accountability.
Key Points
Robust internal control systems and favorable audit opinions significantly improve financial reporting quality, ensuring public trust.
Analysis of 187 local government financial statements revealed substantial impacts from electronic government systems on transparency and timeliness.
Using regression analysis, the research highlights interactions between digital systems and financial management competencies as key to ensuring governmental accountability.
Findings suggest achieving consistent accountability requires addressing regional disparities in technical capacity and leadership commitment.