Accounting information system and financial performance of savings and credit cooperatives (SACCOS), a case study of Kasanda sub - county Mubende district

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Date
2016-09
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Publisher
Kampala International University, College of Economics and Management
Abstract
The Study was driven by the general objective (purpose) to find out the effect of accounting information system on financial performance of SACCOs in Kasanda Sub County, Mubende district. The study was guided by the following objectives; to find out the components of accounting information system, effect of accounting information system on financial performance of SACCOs and establish the qualities effective accounting information system in SACCOs This study covered Kasanda Sub County Mubende district and it was conducted only on accounting information system and financial performance of SACCOs. The study was both descriptive and explanatory in nature based on the data collected. Both qualitative and quantitative data was collected and used to find out the effect of accounting information system on financial performance of SACCOs. The population of the study was 58 people whereas the sample size was obtained as 50by the help of Sloven's formula n= N/l+N (ef Purposive method was used while selecting respondents. Data collected was presented, analyzed and interpreted with the help of micro soft word and Ms excel packages. The effect of accounting information system was found to be relatively favorable (positive) where accounting information system has defined qualities such as timeliness, accuracy, cost effective and high output as well appropriate components such as qualified staff, control and checks, process and procedures and right technology. Recommendations were made for instance, to employee qualified and experienced staff who may can-youth proper forecasts, plans, and implementation and make necessary corrections to meet SACCO objectives. Installation of a full computerized accounting information system to mitigate problems of manual accounting systems proper segregation of responsibilities to prevent individuals from sealing illegal acts such as frauds. Lastly but not least possible future research areas were highlighted by this study.
Description
A Research Report Submitted to the College Of Economics And Management Sciences In Partial Fulfillment of the Requirement for the Award a Bachelor’s Degree In Business Administration Of Kampala International University
Keywords
Accounting information system, Financial performance, Savings and credit cooperatives (SACCOS), Kasanda sub - county Mubende district
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