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Tuesday, December 17, 2019

Accountability and Stewardship - 9014 Words

Table of Contents 1.0 Introduction 1 2.0 Accountability 4 2.1 Definition 4 2.2 Objective of Accountability 6 2.3 Principle for Effective Accountability 7 2.4 Types of Accountability 8 2.5 Components of Accountability 13 2.6 Accountability Model in Malaysian Government 15 2.7 Efforts towards achieving Accountability 17 2.8 The impact of lack of accountability 19 2.9 Problems/Challenges to achieve Accountability 21 2.10 Recommendation to improve Accountability 24 2.11 Information Technology support Accountability 26 2.12 Audit support Accountability 29 2.13 The relations between Accountability and Stewardship 31 3.0 Stewardship 33 3.1 Definition 33 3.2 The implication of Stewardship 36 3.3 Challenge in†¦show more content†¦The relation between these two concepts can be shown in below. Accountability Definition Accountability ensures actions and decisions taken by public officials are subject to oversight so as to guarantee that government initiatives meet their stated objectives and respond to the needs of the community they are meant to be benefiting, thereby contributing to better governance and poverty reduction. Accountability is one of the cornerstones of good governance; however, it can be difficult for scholars and practitioners alike to navigate the myriad of different types of accountability. Recently, there has been a growing discussion within both the academic and development communities about the different accountability typologies. The notion of accountability is an amorphous concept that is difficult to define in precise terms. However, broadly speaking, accountability exists when there is a relationship where an individual or body, and the performance of tasks or functions by that individual or body, are subject to another’s oversight, direction or request that they provide information or justification for their actions. Therefore, the concept of accountability involves two distinct stages: answerability and enforcement. Answerability refers to the obligation of the government, its agencies and public officials toShow MoreRelatedA Case Study On The County Hospital Essay989 Words   |  4 Pages Introduction In this case study on the County Hospital (CH) the problems that this organization faced will be discussed. The case study explores in detail leadership, business ethics, strategic management, accountability, stewardship, whistleblowing, organizational change and performance architecture. The case will also mention the necessary steps taken to restore the organization proprietary within the market. The organization will determine/evaluate its culture and environment. Furthermore, CHRead MoreWhy Iasb Should Reopen Controversial Issues1559 Words   |  7 Pagesreopen controversial issues in Chapter 1 and Chapter 3 I. Introduction The revision of the conceptual framework influences the controversial issues in the chapter one and chapter three about whether IASB should increase the status of stewardship or accountability, replace reliability into faithfully representation and remove the word ‘prudence’ which is one of the core quality principles in the previous conceptual framework. This essay is going to consider those three controversies to answer threeRead MorePolice Effectiveness And Police Performance1302 Words   |  6 Pagesgovernance, the balance of unwanted coercion of police, financial stewardship and police legitimacy. This essay will also divulge into a discussion on the topic; is policing political? There will be an argument for and against, and the advantages and disadvantages to both sides will be conversed to achieve an accurate conclusion. In addition this essay will start by portraying the significance of Police Accountability. Police Accountability in both England and Wales, became a national political issueRead MoreThe Stewardship Theory : Lex Donaldson And James H. Davis976 Words   |  4 PagesStewardship can be described as â€Å"a concept that has inspired the activities of several organizations whose mission is to preserve, protect, and maintain natural, social and economic assets for the benefit of stakeholders and communities† (Contrafatto, 2014, para. 1). The stewardship theory describes an environment where leaders feel empowered and trusted without the need of working in a controlled and monitored environment. In this type of setting, the leaders and followers work together collectivelyRead MoreEssay about Stewardship771 Words   |  4 Pagescircles we hear the word stewardship. Not only is stewardship one of the basic issues discussed in scripture, but it’s also something we neglect as something we need to concentrate on while going through our own Christian walk. We live in a society that is very individualistic, concentrating on whatever will bring pleasure and make us feel good. Stewardship definitely doesn’t fit into the way society is today. Before going to far into this, what exactly is stewardship? Stewardship is taking care of orRead MorePrivatization Of Water Is A Human Right1050 Words   |  5 Pageswater resources to distribute, sale, and use. 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The practice of attempting to expand and concentrate power in the executive branch of governmentRead MoreAn Exploration Of Andrew Lennards Article : Stewardship And The Objective Of Financial Statements1473 Words   |  6 PagesAn Exploration of Andrew Lennard’s Article: â€Å"Stewardship and the Objective of Financial Statements† (Lennard, 2007) An Introduction Andrew Lennard’s article, published in 2007, draws upon the International Accounting Standards Board (IASB)’s and Financial Accounting Standards Board (FASB)’s Preliminary Views (PV) regarding a conceptual framework for financial reporting. In his article, Lennard compares IABS’s view on a new framework concept, with an alternative view from two members within IASBRead MoreStrategic Planning : Mission And Vision934 Words   |  4 Pagesvalues: Integrity, Commitment, Advocacy, Respect, and Excellence is what drives the organizations five strategic goals. They include, Excellence in Population Health, Excellence in Patient Experience, Excellence in Workforce, Excellence in Financial Stewardship, and Excellence in Contributions to our National Well-Being. These goals represent the long term strategic objectives to be used in transforming the medical center into an organization that is people-centric, forward looking, and results-orientedRead MoreData Governance Of Master Data Management1282 Words   |  6 Pagesthat must be addressed such as maintaining sponsorship, managing expectation and compliance, defining accountabilities, avoiding scope creep and handling political issues push Data Quality Management into an area of conflict between business and IT [1, 3]. Governance is a formal process of assigning roles and responsibilities that are commensurate with the levels of authority and accountability in the organization [5]. Master Data Management is a workflow-driven process in which business units and

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