Audit management reports of most public sector entities in Ghana often reveal vicious waste and misuse of public funds.

Required:

i. Using a public sector entity of your choice, explain (practically with appropriate examples) at least FOUR mechanisms put in place to ensure the practice of value for money in the organisation's financial management.

ii. Discuss THREE general mechanisms for ensuring public accountability in public sector organisations.

iii. Discuss any FOUR suggestions you think will be helpful in ensuring value for money and efficient financial management in Ghanaian public entities.