Browsing by Author "Muwanguzi Isaac"

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    Internal Audit Quality, Internal Control Systems and Accountability of Discretionary Development Equalisation Grant (DDEG) Projects in Iganga District Local Government.
    (Makerere University Business School, 2023-09-19) Muwanguzi Isaac
    The study investigated the relationship between Internal Audit Quality, Internal Control Systems and Accountability of Discretionary Development Equalization Grant Projects (DDEG) in Iganga District Local Government. The study was anchored on the Agency Theory as authored by Alchian and Demsetz (1973) and Jensen and Meckling (1976). The study focused on three specific objectives which it sought to address. The three objectives were; to examine the relationship between the Internal Control Systems and Accountability of DDEG Projects in Iganga District Local Government, to examine the relationship between the Internal Audit Quality and Accountability of DDEG Projects in Iganga District Local Government and to determine the extent to which Internal Control Systems and Internal Audit Quality explain the variance in accountability of DDEG Projects in Iganga District Local Government.To deliver answers to the above objectives, the study adopted a cross-sectional survey design where quantitative data were collected from 59 respondents. The questionnaires were used as methods of data collection. Given the nature of research objectives, correlation analysis was performed to test associations between the study variables, while a hierarchical regression analysis was used to test both the individual and combined predictive power of Internal Control Systems and Internal Audit Quality on Accountability. The validity and reliability tests were carried out and the dataset passed with over 70%. 59 questionnaires were administered to the project managers of DDEG and 51 were returned fully completed giving a response rate of 86.4%. The general outcome of the study show that Internal Audit Quality andInternal Control Systemspositively correlated with the Accountability of DDEG projects in Iganga District Local Government which conceded with previous studies.The results also show that Internal Audit Quality and Internal Control Systems combined explain 36.8% (R2=.368)of the variation in accountability. The general conclusion was that Internal Control Systems and Internal Audit Qualitysignificantly positively correlated with the Accountability of DDEGprojects. The study recommended that the management of DDEG Projects in Iganga District Local Government should strengthen both Internal Audit Quality and InternalControl System policies focusing on: segregating accounting duties, restricting access to financial systems, increasing oversight, implementing Internal Audit recommendations and ensuring Internal Auditors are independent and competent so as to enhance Accountability of the DDEG Projects.