The role of Financial Controller in preserving Public Money in the Libyan Governmental Units

Abstract

Aim:

  The study aimed to identify the role of the financial controller in preserving public money in Libyan government units.

Methodology:

  The descriptive analytical approach was used. All governmental financial controllers in Zliten and Misurata were targeted. 61 questionnaires were distributed and 43 were collected. The appropriate statistical analysis was used using SPSS.

Results:

The study concluded that the financial controllers have a role in preserving public money. However, there were some shortcomings in their role due to the following:

- Blurring their role among the officials in the government units

- Limited role in preventing the expansion of the disbursement of rewards to committees in government units

- Lack of training courses in order to raise their efficiency.

Contribution:

This study is a continuation of previous studies that tried to identify the role of the financial controller in preserving public money in the Libyan government units and its proposal for many recommendations that may activate the role of financial controllers in Libya.

Limitations:

The study was limited to a survey of the opinions of financial controllers in the cities of Zliten and Misurata during the year 2022.