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 →
41
Marketing Innovation, Entrepreneur Resilience and Business Success Among Traders in Kampala. A Post-Covid Perspective
Alex Irumba, Victor Mugabi, Dr Ariyo Gracious Kazaara, Dr Arinaitwe Julius
marketing innovation entrepreneur resilience and business
43
Movement Control Restrictions, Standard Operating Procedures and Business Uncertainty of Public Transport Operators in Kampala
Victor Mugabi, Peter Bakaaki, Alex Irumba
movement control restrictions standard operating procedures and
44
Organizational Trust, Ethical Leadership, Organizational Commitment and Employee Engagement Within the Electoral Commission, Uganda
Alex Irumba, Victor Mugabi, Dr Ariyo Gracious Kazaara
organizational trust ethical leadership organizational commitment
45
Painting Illustrations on Gender Based Violence on Women’s Participation in the Development of Uganda, a Case Study of Bombo Luwero District
Alinda Rehema, Nkwasiibwe Kenneth
painting illustrations gender-based violence women’s participation