Department of Accounting

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Browsing Department of Accounting by Subject "Financial Accountability"

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    Financial Management Practices, Financial Accountability and Value for Money Performance of the Capitation Grant
    (Makerere University Business School, 2014-11) Asiimwe, M. Samuel
    As part of strategies to universalization of education, UN Millennium Development Goals and the Education for all goals, the government of Uganda launched the capitation grant policy for Universal secondary Education schools in 2007 at a pa capita rate of 41,000/= for every student. However there has been continued public outcry and audit queries raised by Auditor General and the IGG on the usage of this Grant and this provoked the undertaking of this research study. The purpose of this study was therefore to examine the relationship between Value For Money performance of the capitation grant in USE Schools with respect to the financial management practices and financial accountability.The study wasguided by the objectives to examine the status of financial management practices (FMPs), financial accountability andValue For Money Performance ofthe capitation grant and to examine the relationship between the study variables. A cross sectional research design of both quantitative and qualitative approaches was selected for this study. Bothprimary and secondary data sources were used. Data was collected using a self-administered close ended questionnaire, Interview guide and review of the selected documents and periodic reports. Collected data was sorted, edited and analyzed using a Statistical Package for Social Scientists (SPSS), in which Descriptive statistics, Factor Analysis, Correlation and Regression tests were all run to establish the status and relationship between the study variables. The findings of the study revealeda positive and significant relationship between Financial Accountability (FA) and Value for money (r =0.681, p<0.01) and regression results showed that the model explains 43.0% of the variations in VFM performance of the USE Capitation Grant. Having known the significance of FMP and FA, the researcher recommended that USE Schools need to ensurefor continuousreview of FMPs and FAin operationin order for the government of Uganda to achieve VFM performance of Capitation Grants in the USE Schools
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    Internal Controls, Managerial Competence and Financial Accountability in Technical and Vocational Institutions in Uganda
    (Makerere University Business School, 2018-10) Baganzi, Amin
    The purpose of the study was to establish the relationship between internal controls, managerial competence and financial accountability in technical and vocational institutions in Uganda. Internal control and managerial competence were the independent variables while financial accountability was the dependent variable. The study was guided by the following objectives: to examine the relationship between internal controls and financial accountability, to examine the relationship between managerial competence and financial accountability, to examine the predictive power of internal controls and managerial competence on financial accountability the study adopted a cross sectional survey design to study internal controls, managerial competence and financial accountability in technical and vocational institutions in Uganda. Primary data was collected using self-administered questionnaire issued to the respondents. The study population consisted of 128 respondents drawn from the technical and vocational institutions in Uganda. A sample of 97 was reached using Morgan and kreijcie table. Only 81 questionnaires were used for the analysis out of the 97 that were distributed to the respondents. Data was analyzed using statistical package for social scientists (SPSS) package and Pearson correlation coefficient was used to measure the strength of relationships between the variables understudy. The findings obtained revealed that there was a positive and significant relationship between internal control, managerial competence and financial accountability in technical and vocational training institutions in Uganda.