Financial reporting and organisational effectiveness in Mogadishu University, Somalia
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Date
2012-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University. College of Economics and Management
Abstract
The study examined the relationship between financial reporting and
organizational effectiveness. The objectives of the study was to
determine the level of financial reporting, determine the level of
organizational effectiveness, and determine if there is significance
relationship between financial reporting and organizational
effectiveness in Mogadishu University. The study used a descriptive cross-sectional study design using a quantitative approach on population consisting of university
management, senior teaching staff and student representatives in
Mogadishu University, Data was collected using a questionnaire and
was analyzed using frequency, percentages, mean and standard
deviation, correlation and regression analyses generated from SPSS.
The study found a high level of qualitative characteristics of financial
reporting in relation to presentation of financial report free from
material error and bias. The study found a low level of quality of
presentation of financial information in financial reporting related
consolidating the right university’s liabilities, temporary losses on
investments and addressing pension obligations in the financial report.
The study found a very low level of pay satisfaction among the
teaching staff in Mogadishu University. Financial reporting had a
significant relationship with organizational effectiveness in M-ogadish u
University. The study recommends that to achieve the desired level of
organizational effectiveness, the University council which is the supreme policy making organ of the university and the overall management of the university should ensure that financial report fully incorporate key qualitative characteristics and quality of presentation of financial information through incorporation of consolidating the right university’s liabilities.
Description
A Thesis Presented to the College of Higher Degrees and Research Kampala International University Kampala, Uganda In Partial Fulfillment of the Requirements for the Degree Master of Business Administration in Finance and Accounting
Keywords
Financial reporting, Organisational effectiveness