Journal
Metropolitan Journal of Academic Multidisciplinary Research
MJAMR
Fiscal Decentralization And It’s Effect On Quality Of Financial Reporting, A Case Study Of Kcca, Kampala - Uganda
Matembu Benon, Arinaitwe Julius
| Journal | Metropolitan Journal of Academic Multidisciplinary Research (MJAMR) |
| Volume / Issue | Vol. 3, No. 5 |
| Published | 31 May 2024 |
| ISSN | 3006-4384 |
Abstract
The study examined the effect fiscal decentralization on quality of financial reporting in Kampala city council. The fiscal decentralization were the independent variables while quality of financial reporting was the dependent variable. The study adopted a triangulation design consisting of a correlation design which was quantitative in approach and cross sectional in nature. The study population consisted of three hundred ninety one members from whom a sample of two hundred five two elements was drawn using Krejcie and Morgan method. A combination of census, proportionate stratified random sampling and simple random sampling techniques were employed in selecting members from different strata into the study sample. Two data collection methods namely structured questionnaire consisting of closed questions with five point Likert scale and interview guide were used in collecting primary data. Out of two hundred five two questionnaires administered, two hundred twenty five registered returned posing a response rate of eighty nine percent. The collected data was presented using frequency tables and pie charts which were analyzed by Microsoft excel software. The findings from the research indicated that 58(26%) of the respondents strongly agreed that Fiscal decentralization significantly simplified financial reporting in KCCA, 87 (39%) agreed. 56(25%) were not sure, 17(12%) disagreed, while on 7(3%) strongly disagreed the idea. The respondents agreed that fiscal decentralization helps the planning, resource mobilization and among others. The management of KCCA should put more effort on improving the budget monitoring through effective and efficient application of the vote books. This would assist in controlling irregular spending, flouting of budget guidelines that will result in timely production of budget reports which is still a challenge in KCCA.
Keywords
Fiscal
Decentralization
Quality
Financial and Reporting
Cite This Article
Matembu Benon & Arinaitwe Julius (2024). Fiscal Decentralization And It’s Effect On Quality Of Financial Reporting, A Case Study Of Kcca, Kampala - Uganda. Metropolitan Journal of Academic Multidisciplinary Research, 3(5). https://journals.miu.ac.ug/pages/article.php?article_id=1429
More in This Issue
View full issue →
31
Managerial Competence, Working Capital Management And Performance Of Logistics Companies In Kampala
Managerial
Competence
Working
Capital
32
Market Orientation And It’s Impact On Business Performance Of Financial Institutions. A Case Study Of Barclays Bank Mbale Branch
Market Orientation
Business
Performance and Financial Institutions
33
Micro Finance Services And Its Role On The Growth Of Small And Medium Enterprises. A Case Of Finca Uganda Limited, Mukono Branch
SMES
Growth
Microfinance
Financial and Non-Financial Service
34
Motivation And It’s Impact On Employees Performance. A Case Study Of Kampala Capital City Authority (Kcca)
Motivation
Employees and Performance
35
Motivational Incentives And It’s Impact On Employee Performance In The Office Of The Prime Minister (Refugee Department) Kampala-Uganda
Motivational
Incentives
Employee and Performance