Internal controls and cash management in Local Governments Case Study: Kaabong District Local Government.

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Kampala International University, College of Economics and Management Sciences .
Internal controls in organizations of measures and methods adopted by management to safeguards its assets, check the accuracy and reliability of accounting data, promote operational efficiency and encourage adherence to prescribe management policies. Internal controls include segregation of duties, recruitment of able and qualified staff, prompt supervision and continuous internal checks. Persistent mismanagement cash from Kaabong District Local government has led the researcher to doubt whether the above internal controls could be weak and this fanned the basis of the research. The methods of data collection used included questionnaires, which were administered to employees oflhe local government by CFO, CAO, accountants and auditor. Findings revealed that much as there are internal controls at Kaabong district local government, he implementation is not yet to the required standards. As a local government that deals in transacting money, here is need to strengthen these internal controls, as the district will be a stake. Further area of research raised include the effect if bookkeeping on internal controls performance, management of cash on business performance and the effect of employee motivation on internal control system performance.
A research report submitted to Kampala International University in Partial Fulfillment for the Award of a Bachelors' Degree in Business Administration.
Internal Controls, Cash Management, Local Governments, Kaabong District