The effects of financial accountability on the performance of Non-governmental organizations in Kampala district :
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Date
2016-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
Financial accountability has been one of the most problematic and prevalent issues for business
worldwide for a long time. Increase in financial misappropriation and number of corporate
scandals had an important impact on understanding and analyzing financial accountability and in
turn on audit of the same and its regulation. The growth in finance misappropriation cases
indicates that a strong need exists for research approaches that better enable auditors and
investigators to detect and prevent potential misappropriation. The study aimed to provide an
understanding to the non-governmental. The study objective was to establish the effects of
financial accountability on the performance of non- governmental organizations in Uganda taking
human rights upholds Uganda as a case study. The research design used in this study was
descriptive survey. Using stratified random sampling design, the researcher selected 52
respondents on whom to conduct the survey. Semi structured questionnaire were used to collect
the primary data. Descriptive statistics was employed to analyze the data. The mean score for each
attribute was calculated and the standard deviation used to interpret the respondents deviation
from the mean. The results were presented on frequency distribution tables, pie chmis and bar
chmis. Here the interest was focused on frequency of occurrence across attributes of measures.
The study found that the NGOs that applied financial standards in ensuring accountability of
finances in the organizations boosted Donor support which resulted in improved performance.
The study also established a significant relationship between financial performance of NGOs in
Uganda and the independent vm·iable financial accountability. The study finally concludes that
taking the independent variables at zero, a unit increase in financial accountability will lead
increase in the scores of financial performance in NGOs in Uganda. The study recommends
that all NGOs should have policies and procedures established so that; boards and officers
understand their fiduciary responsibilities to ensure financials are managed properly and the
charitable purposes of the organization are carried out.
Description
A research report submitted to the college of economics and management sciences in partial fulfillment of the requirement for the award of the degree of bachelors of business administration finance and accounting option of Kampala International University
Keywords
Financial accountability, Performance, Non-governmental organizations, Human rights, central Uganda