Browsing by Author "Shyaka, Gilbert"

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    Internal control systems and financial performance of higher learning institutions in Rwanda
    (Kampala international University college of economics and management, 2012-12) Shyaka, Gilbert
    The topic of the study was ‘Internal Control Systems and Financial Performance of Higher Learning Institutions in Rwanda’. It was guided by 4 objectives, they included: 1) To determine the profile of HLIs in Rwanda in terms of Age, gender, education level, positions and years of experience, 2) To examine the functionality of Internal Control systems in Institutions of Higher Learning inRwanda, 3) To examine performance of Institutions of Higher Learning in Rwanda, and 4)To examine the relationship between internal control systems and performance in an Institution of Higher Learning Institutions in Rwanda. It was set to test the hypothesis that there is no relationship between internal control systems and performance in the HLI5 in Rwanda. The methodology of the study was descriptive co - relational design. The findings of the study were that the levels of internal control systems and financial performance were high respectivelly and there is a positive relationship between internal control systems and performance within the HLIs in Rwanda. Therefore, the null hypothesis was rejected. Finally, the findings indicated a positive relationship between the extent of functionality internal control systems and financial performance in selected HLI5 in Rwanda. Major conclusions has been generated such as 1) The extent of functionality of internal control systems in institutions of higher learning in Rwanda was generally found high. This means that generally, the functionality of internal control systems in HLis is high. The level of financial performance was also found to be high and this indicated that these institutions always did their financial planning very effectively. The research recommendations stated that there is a need for these institutions improve on the relationship with stakeholder and improve on their stature and also there is a need to work on registering expenses as they are incurred. The research indicates that 3 important prospective researches can be researched on like 1) Number of students and financial performance in HLIs in Rwanda, 2) An investigation between the private and public institutions in terms of financial performance and 3) Record keeping and financial performance in HLI5 in Rwanda.