Browsing by Author "Odoch, Geoffrey"

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    Financial planning and accountability in manufacturing companies in Uganda
    (Kampala International University, College of Economics and Management, 2019-10) Odoch, Geoffrey
    The study focused on assessing the financial planning and accountability in manufacturing companies in Uganda, a case study of Mukwano Industries Ltd. The following hypotheses were tested Ho 1. There is no relationship between financial reporting mechanisms and financial accountability; Ho2. There is no relationship between budgeting and forecasting and financial accountability and Ho2. There is no relationship between internal controls and financial accountability. The study adopted a survey research design; this design was helpful in describing the relationship between financial planning and accountability in manufacturing companies. In addition, both qualitative and quantitative approaches to data collection and analysis were employed in order to get an in depth the understanding of the phenomenon under investigation and to confirm completeness for instruments. A sample size of 54 respondents was selected from the population of 63 people using Slovene’s formula. The study collected both primary and secondary data. Data were collected from both primary and secondary sources. The questionnaire was semi-structured with both open and closed ended questions. The closed ended questions were used for easy coding and analysis while the open ended questions were used to elicit more information from respondents to complete any missing links. Face to face interviews were held with managers who had not enough time to fill questionnaires. An interview guide was designed contained structured questions. The findings from this study revealed there were Pearson’s Correlation Coefficient between financial decision and financial accountability whereby (r = 0.493, Sig. value = 0.000 < P value at 0.05); moreover, findings showed that there were Pearson’s Correlation Coefficient between budgeting and financial accountability whereby (r 0.298, Sig. value 0.005