Staff Training-December 2025

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http://hdl.handle.net/20.500.12282/5111

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Browsing Staff Training-December 2025 by Author "Alex Angura"

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    Organizational Culture, Accountants' Competence, and Quality of Financial Reporting Among Commercial Banks in Uganda
    (Makerere University Business School, 2024-10) Alex Angura
    The study examined the relationship between organizational culture, accountants’ competences, and quality of financial reporting in commercial banks in Uganda. The specific objectives of the study were; to assess the relationship between organizational culture and quality of financial reporting in commercial banks in Uganda, the relationship between accountants’ competences and quality of financial reporting in commercial banks in Uganda, the relationship between organizational culture and accountants’ competences in commercial banks in Uganda and the mediating role of accountants’ competences in the relationship between organizational culture and quality of financial reporting in commercial banks in Uganda. The study considered a correlation research design considering a quantitative research approach. It targeted 150 participants but 114 managed to respond back. Data was collected using a questionnaire. The study revealed that there was a moderate, positive, and significant relationship between organizational culture and financial reporting in commercial banks (r = .455**, p < 0.01) and the analysis revealed that organizational culture had a significant and positive effect on quality of financial reporting, with (Beta value = .217, p = .022 < 0.05). It was also revealed that there was moderate, positive and significant relationship between accountants’ competences and quality financial reporting in commercial banks (r = .545**, p < 0.01) and it was also revealed that accountants’ competences had a significant and positive effect on quality of financial reporting with (Beta value = .423, p = .000 < 0.05). The study results also indicated a moderate, positive and significant correlation between organizational culture and the quality financial reporting in commercial banks (r = .561**p < 0.01). The results indicated that Organizational Culture and Accountants’ Competencies together accounted for 31.8% of the variance in the quality of financial reporting. Results showed that accountants' competencies serve as a key mediator in the relationship between organizational culture and the quality of financial reporting in commercial banks. The Sobel test confirmed a significant mediation effect, with a notable z-value of 3.83352698 and a p-value below 0.05. The analysis revealed full mediation, as the direct effect became insignificant (c′ = -0.0203) once the mediator (accountants' competencies) was included in the model. It was recommended that commercial banks prioritize the involvement of staff members at all levels of the decision-making process to enhance organizational effectiveness and foster a more inclusive work environment. It was also recommended that commercial banks need to invest in comprehensive training and continuous professional development programs for their accountants to address the identified gaps in software proficiency, data accuracy, and financial analysis. Lastly, it was recommended that future reports provide detailed feedback on how various market events and significant transactions have impacted the bank's performance.