FINANCIAL REPORTING QUALITY AND TRANSPARENCY OF PUBLIC UNIVERSITY IN NIGERIA: EVIDENCE FROM LASUSTECH, LAGOS STATE, NIGERIA

Abstract

This study examines the moderating role of Information Technology (IT) infrastructure on the relationship between financial reporting quality and public sector transparency at Lagos State University of Science and Technology (LASUSTECH). Although high-quality financial reporting is critical for transparency and accountability, LASUSTECH has experienced delays in financial disclosures and occasional budget inconsistencies, undermining stakeholder confidence. While IT infrastructure can enhance the accuracy, timeliness, and accessibility of financial information, its moderating influence in Nigerian public institutions remains underexplored. Employing a quantitative approach, the study surveyed 108 administrative and financial staff from a population of 150. Structural Equation Modeling (SEM) was used to test the moderating effect of IT infrastructure on the relationship between financial reporting quality and transparency. Findings indicate that robust IT infrastructure significantly strengthens this relationship, improving the transparency of financial operations. The study contributes to the literature by demonstrating the strategic importance of IT infrastructure in public sector financial governance and offers practical recommendations for policymakers and administrators seeking to leverage technology to enhance accountability and transparency.