Assessing effectiveness of integrated financial management system (IFMS) on Zanzibar government budgetary control a case study: ministry of finance and economic affairs
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Date
2010-09
Authors
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Publisher
Kampala International University, College of Economics and Management
Abstract
Integrated Financial Management System is a computerized budgeting
and accounting system that was implemented by the government to
simplify the monitoring and control of the government funds. It include
expenditures like payment of salary, revenues collections, deposit and
other expenditures. It was established in order to have effective
monitoring and control of the government funds. It provide the
government with a modern budgeting and accounting system with state
of the art functionality on which to undertake its national and public sector
accounting and financial management.
The descriptive design was used to conduct the study by cross sectional
methods in order to collect data from sampled population. Secondary data
use content analysis that use books, reports and documents and primary
data used from questionnaires. The target population was 1800
employees from which the sample derived. The population taken from
MOFEA includes; chiefs accountants, assistance chief accountants, central
payment officers and budgetary officers. Data was analysed and
interpreted though table in frequency and percentage in order to provide
proper meaning.
The findings reveals that training of the system to the users was good
(50%), satisfied for the time of training (50%) and effective(65%),
because they can do their work quickly and accurate also they confirm
that the time they got for the training was satisfied to them because they
have much time to learn and understand more things concerning the
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system. Also the security control of the system and measures they provide
was very high(81%), IFMS control over the expenditure(74%) of
respondents strongly agreed that make effective budgetary control, also
the application of security control measures is high protect the system
(81%). The extent of qualified of its resources is excellent (45%), and
(44%) say good and remaining (11%) not decided that make the system
to be more effective.
Therefore the government should prioritize the system as a major
component and motivate its staff those who are responsible of using the
system and increase security for the system.
Motivation to the staff that is highly using the system is needed because it
is very risky for the system. MOFEA should provide follower ship
programme concerning IFMS, more employees should be trained in order
to have employees who are competent. Security of the system should be
improved, even in networking because of the development of science and
technology.
Description
A Thesis Presented to the School of Postgraduate Studies and Research Kampala International University Kampala, Uganda in Partial Fulfillment of the Requirements for the Degree Master of Business Administration
Keywords
Integrated systems, Financial management system (IFMS), Zanzibar government, Budgetary control