The effects of internal control system to the improvement of bank performance in South Sudan, Juba: a case study of Nile Commercial Bank
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Date
2011-12
Authors
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Publisher
Kampala International University; College of Economics and management
Abstract
Economic development of any society depends on how planning and provided adequate rewards have been organized. Employees therefore being the force behind ideal performance in the ministry should be highly rewarded to be motivated to undertake the relevant tasks diligently and with optimum results being realized. The purpose of the study was to establish the relationship between internal control system and performance of Nile Commercial Bank in Juba city. The study was prompted by the declining in performance in the Bank system and this was objectively observed in the last few years. The study examined the impact of the internal control types and improvement of the Bank performance, the internal control system used by Nile commercial Bank and the weaknesses within the internal control system at Nile commercial Bank with a view to advice for improvement at functional levels. In gathering information the research study employed both primary and secondary sources. The primary source was mainly the questionnaires and interview guides while the secondary sources were the library work and internet. The study used descriptive survey as its research design. Four research areas in this project were identified and these provided the overall study area as a number of sampling techniques were applied to obtain relevant data. Frequency tables, charts and graphs, means as well as Spearman's correlation coefficient were used to analyze collected data. From the findings of the study, it was revealed that employees at the Bank valued financial rewards more than non-financial rewards and different employees perceive internal control differently hence a variation in their functional levels.
Description
A project report submitted to the School of Business and Management in partial fulfillment for the Award of Bachelor's Degree of Business Administration (Accounting Option) of Kampala International University.
Keywords
Internal control system, Improvement of bank performance, Nile Commercial Bank, South Sudan, Juba