Internal audit function and accountability of public funds in local government; a case study of mbarara district local government:
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Date
2019-09
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management.
Abstract
The study investigated the role of internal audit in the accountability ofpublic funds in local
governments, case ofMbarara district local government. The study was guided by the fbllowing
objectives; to study the nature ofInternal Audit System in the accountability ofpublic funds in
local government to investigate the nature ofaccountahili~ ofpublicf~nds in local governments
and to examine the relationship between the Internal Audit and accountability of public funds in local governments, Various methods were used to collect data from the respondents. The main
primary data collection methods used were questionnaires Key informant interviews and Focus
Group Discussion ~FGD~ guides. Documenta,~ sources were used as secondaiy data collection
method Data analysis was done thematically with the use of computer package known as excel
and tabulation and generation of tables, graphs and pia Charts. From the study findings,
it was concluded that internal Audit has a great stake in the accountability ofFuhiicfimdc, in this
regard in local Government because internal Audit is described as a consulting activity. The
implied situation being that all the stakeholders in the use public finds have to he aware of the
nature of internal Audit. Internal Audit and accountability of public funds in local governments
were realized faced by a number of challenges such as Limited skills, Political interference,
Limited number of employees, Low involvement, Limited independent, Low payments to
employees, Low level of Audit reports implementation, Limited corporation, No/less development
internal Audit committee, However, these above challenges were established to have thejbllowing
remedies/ solution Improved skills through training, Political focused interaction, Increased
number of employees, Adequate independence, finproved invoiven2ent Improved reward9,
Increased level ofAudit reports, Improved corporation, Installation ofdeveloped internal Audit
committee.
Description
a research report submitted to the college of economics and management in partial fulfillment of the requirements for the award of bachelor’s degree of business administration of Kampala international university.
Keywords
Internal audit, accountability, local government