Financial reporting and organisational effectiveness in Mogadishu University, Somalia

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Kampala International University,school of Postgraduate studies and research
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-ogadishu 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.
A Thesis Presented to the College of Higher Degrees and Research Kampala International University Kampala, Uganda.:n Partial Fulfillment of the Requirements for the Degree Master of Business Administration in Finance and Accounting
Financial reporting, Organisational effectiveness, Mogadishu University, Somalia