Internal control system and performance of microfinance institutions in Rubaga Division :
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Date
2019-03
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The purpose of this study was to determine the relationship between internal control system and performance of microfinance institutions in Rubaga Division. And the specific objectives were to find out the effect of control activities on the performance of microfinance institutions in Rubaga Division, to determine the effect of monitoring and evaluation on the performance of microfinance institutions in Rubaga Division and to establish the effect of risk assessment on the performance of microfinance institutions in Rubaga division. It was found out that there is a linear positive relationship between the variables of the study .Results also indicated that control activities, monitoring and evaluation and risk assessment significantly affect the performance of microfinance institutions. Finally the study generally recommended that financial institutions should Review their
existing internal controls and strengthening them through policy implementation and that they should also put in place clear internal control systems to monitor proper compliance on internal controls.
Description
A research report submitted to the college of economics and management in partial fulfillment of the award of Bachelor’s Degree in Business Administration of Kampala International University.
Keywords
Internal control system, Brac microfinance, kabuusu branch, Rubaga Division