Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda)
Purpose: The study examined the importance of internal control systems in financial accountability in Lira District Local Government, Uganda. Specifically, the study determined the importance of control activities, control environment, and monitoring of controls on financial accountability. Researc...
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International Journal of Financial, Accounting, and Management (IJFAM)
2022
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| Online Access: | http://hdl.handle.net/20.500.12493/613 |
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| author | Eton, Marus Fabian, Mwosi Benard, Patrick Ogwel |
| author_facet | Eton, Marus Fabian, Mwosi Benard, Patrick Ogwel |
| author_sort | Eton, Marus |
| collection | KAB-DR |
| description | Purpose: The study examined the importance of internal control systems in financial accountability in Lira District Local Government, Uganda. Specifically, the study determined the importance of control activities, control environment, and monitoring of controls on financial accountability.
Research methodology: A correlational design to establish the relationships between internal control systems and financial accountability, and regression analysis to explain the importance of internal controls on financial accountability were adopted.
Results: Internal control systems account for 55.4% of the variations in financial accountability. Specifically, control environment and monitoring controls bear significant effects on financial accountability while control activities do not.
Contribution: This is one of the original studies to assess Lira District Local Government. The study validates the contingent theory and extends its application in public administration.
Limitations: The input of stakeholders from the community was ignored. Future researchers should consider investigating the role of community participation on the performance of district local governments in Uganda. |
| format | Article |
| id | oai:idr.kab.ac.ug:20.500.12493-613 |
| institution | KAB-DR |
| publishDate | 2022 |
| publisher | International Journal of Financial, Accounting, and Management (IJFAM) |
| record_format | dspace |
| spelling | oai:idr.kab.ac.ug:20.500.12493-6132024-01-17T04:47:34Z Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) Eton, Marus Fabian, Mwosi Benard, Patrick Ogwel Control activities, Control environment, Financial accountability, Internal control, Monitoring of activities Purpose: The study examined the importance of internal control systems in financial accountability in Lira District Local Government, Uganda. Specifically, the study determined the importance of control activities, control environment, and monitoring of controls on financial accountability. Research methodology: A correlational design to establish the relationships between internal control systems and financial accountability, and regression analysis to explain the importance of internal controls on financial accountability were adopted. Results: Internal control systems account for 55.4% of the variations in financial accountability. Specifically, control environment and monitoring controls bear significant effects on financial accountability while control activities do not. Contribution: This is one of the original studies to assess Lira District Local Government. The study validates the contingent theory and extends its application in public administration. Limitations: The input of stakeholders from the community was ignored. Future researchers should consider investigating the role of community participation on the performance of district local governments in Uganda. Kabale University 2022-04-06T12:27:30Z 2022-04-06T12:27:30Z 2022 Article Eton, M., Mwosi, F., and Ogwel, B, P. (2022). Are internal controls important in financial accountability? Evidence from Lira District Local Government, Uganda. International Journal of Financial, Accounting, and Management, 3(4), 359-372. 2656-3355 http://hdl.handle.net/20.500.12493/613 application/pdf International Journal of Financial, Accounting, and Management (IJFAM) |
| spellingShingle | Control activities, Control environment, Financial accountability, Internal control, Monitoring of activities Eton, Marus Fabian, Mwosi Benard, Patrick Ogwel Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title | Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title_full | Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title_fullStr | Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title_full_unstemmed | Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title_short | Are internal controls important in financial accountability? (Evidence from Lira District Local Government, Uganda) |
| title_sort | are internal controls important in financial accountability evidence from lira district local government uganda |
| topic | Control activities, Control environment, Financial accountability, Internal control, Monitoring of activities |
| url | http://hdl.handle.net/20.500.12493/613 |
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