Internal Control Systems and Accountability in University of Burao in Somaliland.

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Kampala International University, College of Economics and Management Sciences .
The study intended to establish the relationship between internal control systems and accountability of 133 randomly selected in University of Burao (U0B) staff (both managerial and non-managerial) in Somaliland, using descriptive and correlational designs. The first major objective of this study was profile of respondents in which the study indicates that male dominate (66.2%) female (33.8%) in U0B staff, the study also revealed that 88.7% which is the very majority of the employees in the sample were aged below 40 years; 7.5% were 40-59 years old; 3.8% were 60 and above years old. The study shows that UoB, which was established only in 2005, employed a great number of academicians (45.l%). This is an indication of that UoB attracted and retained highly educated employees who are likely to perform their duties well. In second objective, the study shows that, on the overall, the level of internal control systems (as to: control environment, risk assessment, procedure, communication and monitoring and evaluation) is good (grand mean=2.54) and in third objective the study indicates that the level of accountability was found to be fair (grand mean = 2.51). The last objective of the study was to determine whether there is a significant relationship between the level of internal control systems and level of accountability in University of Burao in Somaliland. The study uses Pearson Linear Correlation Coefficient to measure and describe the relationship between the two variables of the study and to test the null hypothesis. The study also uses regression analysis to rank the effect of the five internal control components have on accountability. The level of internal control systems was found to be positively and significantly correlated with the level accountability (sig. < 0.05 and r-value = 0.435). It recommends that there is need to promote; transparency in recruitment, training and performance management, appropriate criteria should be used in the appointment of the board members, employees should be given training in maintaining effective internal control systems to carry out their daily work and improve and promote accountability and in organization risk management, policies should be developed in conjunction with the organization implementation plan.
A thesis presented to the College of Higher Degrees and Research Kampala International University Kampala, Uganda in Partial Fulfillment of the Requirements for the Masters Degree in Finance and Accounting.
Internal Control Systems, Accountability, Somaliland