MJAMR

Assessing External Audit Practices on the Management of Public Funds in Uganda Case Study: Adjumani District

Anzoo Mary Gloria, Zikusooka Enock, Dr Ariyo Gracious Kazaara


Abstract

The study aimed at assessing external audit practices on the management of public funds in uganda and it was guided by the following objectives; To examine how record keeping influences the management of public funds in Adjumani district, to find out the extent to which accountability affects the management of public funds in Adjumani district, and to examine how monitoring influences the management of public funds in Adjumani. The population of the study was composed of 80 respondents from central division and sub-counties. 50 respondents were from central division while the 30 respondents were from the sub-counties. From the findings the study established that majority of the respondents strongly agreed that accountability helps in the preparation of budget as shown by mean of 1.45, efficiency and effectiveness of how money is managed as shown by mean 1.30, helps in checking costing orders, invoices and reconciliation as shown by mean 1.25 in each case, and finally that transparency and good governance minimizes corruption within government as shown by a mean of 1.49. There is need for the external auditors continuously update themselves with the changing times and technologies and sharpen their skills. By applying skills to the most critical points, building personal and professional credibility and recognizing and responding to the needs, external auditors can become indispensable thus speeding good governance and enhancing efficiency of external audit.

Keywords

external audit practices management and public funds
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Anzoo Mary Gloria, Zikusooka Enock & Dr Ariyo Gracious Kazaara (2023). Assessing External Audit Practices on the Management of Public Funds in Uganda Case Study: Adjumani District. Metropolitan Journal of Academic Multidisciplinary Research, 2(7). https://journals.miu.ac.ug/pages/article.php?article_id=937

More in This Issue

View full issue →
61
The Impact of Industrialization on Environmental Management in Uganda, a Case Study of Iganga Northern Division
Ndimukika Alone, Mayanja Moses, Dr Arinaitwe Julius
industrialization on environmental management
62
63
The Influence of Capital Depreciation on the Cost of Living a Case Study of People Living in Central Region of Uganda Kampala
Sseruwu Denis, Kabanda Richard, Dr Ariyo Gracious Kazaara
capital depreciation and cost of living
64
The Influence of Customer Care Service’s on an Organization Performnace in Uganda a Case Study of MTN, Uganda
Kamakune Beatrace, Ngiri Andrew, Akampurira Sarah
customer’s service delivery performance internal and external
65
The Influence of Irrigation Agriculture on Poverty Alleviation in Urban Centres, a Case Study of Jinja North, Jinja City
Mwesigwa Jonan, Akampurira Sarah, Dr Kirwisam Matovu
irrigation agriculture poverty and urban centres