EFFECTS OF FINANCIAL CONTROLS ON PUBLIC SECTOR ACCOUNTABILITY IN NIGERIA IGO, LAZARUS OGBU & PROF.AMBROSE A. OKWOLI Department of Accounting, University of Jos. Nigerian Accounting Horizon Vol.7, (3),PP.160-185 Abstract This study sought to establish the effect of control activity on accountability in the Nigerian Public Sector. The objective is to determine, given the existence of financial control mechanism, if significant relationship exist between the financial control systems and public sector accountability variables. The primary data were collected through questionnaire administered. The Pearson product moment correlation coefficient and ordinary least square regression analysis were employed for testing our hypothesis. The findings from the study revealed that, financial control system has a significant influence on public sector accountability in Nigeria. The study recommends among others, that government should consider establishment of a commission charged specifically to monitor every government ministry, department and agency and ensure that accountability is effectively carried out. The study came up with a design that will help public accountability practice in Nigeria and ensure a means of achieving an accountable and transparent society that will enhance the economic growth and development of a nation particularly in Nigeria. 1. INTRODUCTION The economic crisis and the quest for the efficient and effective management of public resources has necessitated the call to pay close attention to the disclosure of financial information by the public officials controlling the expenditures and revenue accruing to government’s purse (Okpala,2012). According to Drury (1992:474) control is “the process of ensuring that an