International Science Community Association International Research Journal of Social Sciences 2319 7 12 2018 12 14 Limitations of public sector reforms in Nigeria: assessing the impacts of treasury single account on fraud detection and prevention 7 11 EN Ampong Matthew Boadie – Ampong 1 National Research University-Higher School of Economics, Department of Public Policy, Myasnitskaya Street 20, Moscow-101000, Russia Yakubu Yahaya 1 Nile University of Nigeria, Nigeria > Research Article 2018 9 28 2018 12 14 The incoherency ascribed to Public Sector Accounting (PSA) in Nigeria has progressively resulted in persistent fraud, and misadministration of public fiscal resources. Against this, the Nigerian government enforced the implementation of Treasury Single Account for the receipt and payment of expenditure across all its organs in 2015. Penultimately, the study examines the plausible effects of the policy on fraud detection and prevention in the public sector. Employing a descriptive method of social inquiry, the study is of the opinion that parochial, theoretical and empirical evidence as abound in prior literature; attest to the palpable probability of the later to address the issues of fraud. On the contrary however this study argues that policy does not address the incidence of fraud in the Nigerian public sector beyond revenue mobilization, financial reporting and fiscal oversight. To address the inefficacies in public finance administration, the study opines the need for ardent political will in enforcing New Public Management Initiatives. Thus, the clamor for a shift from manual to digital public sector accounting remains a viable option for addressing inefficacies of public finance management in Nigeria. Copyright@ International Science Community Association