Browsing by Author "Katushabe, Osiria"

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    Audit professionalism, internal audit function and budget performance among selected parastatals in Uganda:
    (Kampala International University, School of Economics and management, 2017-05) Katushabe, Osiria
    ABSTRACT The study focused on Audit professionalism, internal audit function, and budget performance among selected parastatals of Uganda. The objectives of the study were: to examine the relationship between audit professionalism and budget performance, to examine the relationship between internal audit function, and budget performance, to study the factor structure of audit professionalism, internal audit function, and budget performance. The research design was cross-sectional and descriptive using Quantitative approach the study population was 210. Purposive sampling techniques were used. The sample was 132 from staff of selected parastatals in various departments. Data was analyzed using SPSS version 20. The findings show that there was a positive relationship between audit professionalism and budget performance (.594, P<0.01), a positive relationship between Audit professionalism and as well as budget performance (r=.659, P<0.01) and also positive relationship between Audit professionalism and budget performance (r=.697, P=<0.01). Lastly, the regression analysis shows that Adjusted R Square was .785 and the main predictor was internal audit functions (.864) to which Audit professionalism, internal audit function determine budget performance. I also recommend that quality assurance (35.93%), Compliance level (15,602), and proper adequacy of the system be maintained and strengthened to ensure better budget performance. The study recommends that parastatals hire professional auditors who are able to review all transactions for the period; all internal controls can be implemented without being undermined by staff. All political interferences in the activities of parastatals can be discouraged so as to create a smooth atmosphere for the proper management of the parastatals.