Internal control systems and cash management a case study of family diet limited, Gayaza .kampala

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Kampala International University, College of Economics and Management
The study aimed at exploring the relationship between internal control systems and Cash management using Family Diet Limited as a case study. A sound internal control system is important as it enables an organization to can-yon business in an orderly manner, safeguards the organization's assets and ensures completeness and accuracy in their records to achieve high perforn1ance. The study documented and evaluated the adequacy of internal controls and its perf01mance at Family Diet Limited by comparing them with a sound theoretical framework and thereafter offering recommendations for any improvement. Both primary and secondary techniques of data collation were used. During analysis of data, quantitative, qualitative and descriptive techniques such as graphs, pie charts were used. Controls in the areas of cash, wages and salaries, debtors were examined. The data was eventually analyzed by comparing with an ideal system which exhibited that some controls were weak and other strong. For an effective and sound internal control system which will ensure organizational good performance, the research recommended that the company should review its existing control measures and come up with a workable plan to reinforce them.
Research submitted to the College of Economics and Management as a partial requirement for the award of a Bachelor's Degree in Business Administration (Finance and Banking) Kampala International University
Internal control systems, cash management, family diet limited, Gayaza .kampala