Internal control and performance of commercial banks in Uganda: .
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Date
2012-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, School of Economics and management
Abstract
The study sought to establish the role of internal control systems on the
performance of commercial banks and was driven by three objectives. These
were; to investigate the effects of internal control system on the performance of
Equity Bank, to determine the different types of internal control systems used by
Equity Bank and to establish the relationship between internal control system
and performance of Equity bank.
To achieve these objectives, the researcher sampled forty four respondents (44)
from Equity Bank-Jinja Road branch.
The research was guided by three research questions. The first research
question sought to find out the relationship between internal control systems and
the performance of commercial, research question two sought to find out the
effects of internal control systems on the performance of commercial and the
third research question therefore sought to find out the types of internal control
systems used by Equity
The findings revealed that; physical control over cash included sale, cash boxes.
Most of the disbursements were made by cheques and the minor through petty
cash fund.
The recommendations to Equity Bank were; Proper adoption of organization
plan, Control of transaction, Prevention of fraud, separation of accounting and
custody of assets, prevention of fraud among others.
Description
A research dissertation submitted to the college of economics and management sciences in partial Fulfillment of the requirements for the a ward of bachelor's degree in business administration of Kampala International University
Keywords
Internal control, Internal control, Performance, Performance, Commercial banks, Commercial banks, Uganda., Uganda.