Abstract

In recent years, the implementation of Integrated Financial Management Information Systems in 
terms of financial reporting has become critical for promoting transparency, enhancing financial 
oversight, and improving resource management in government sectors worldwide. Recognizing its 
potential, this study investigated the impact of financial reporting on financial accountability in 
Bushenyi District Local Government, Uganda. Employing a quantitative approach, a sample of 124 
respondents from a population of 185 completed self-administered questionnaires, and statistical 
analysis revealed a significant positive relationship between financial reporting and financial accountability (r= 0.557, p = .000). The study concludes that financial reporting positively influences 
financial accountability, enabling the government to assess the efficiency and effectiveness of 
financial reporting and compliance with financial policies, facilitating informed decision-making, and 
highlighting the role of financial reporting in preventing and detecting fraudulent practices in 
government sectors. The study recommends simplifying financial planning, streamlining financial 
reporting systems, strengthening internal control mechanisms, and providing targeted training 
programs for staff to ensure effective management of public funds, thereby enhancing financial 
accountability and improving the management of public resources in Bushenyi District Local 
Government.