publication . Article . 2016

EFFECT OF INTERNAL CONTROL SYSTEMS ON FINANCIAL MANAGEMENT IN BARINGO COUNTY GOVERNMENT, KENYA

Caroline Ayuma Okelo; Cornelius Kipkemboi Lagat;
Open Access English
  • Published: 01 Apr 2016
  • Publisher: PressAcademia
Abstract
This study intended to establish the effect of internal control systems on financial management in Baringo County government in Kenya. Internal control systems are integral components of the management processes of a public sector institution which should be established in order to provide reasonable assurance that the financial operations are carried out transparently and accountably. The study adopted the Committee of Sponsoring Organizations of the Tread way Commission (COSO) theoretical framework for analysis of internal control systems. According to COSO framework, the internal control system is analyzed using five variables namely; control environment, con...
Subjects
free text keywords: Accounting, business.industry, business, Control environment, Financial management, Commission, Operations management, Internal control, Management process, Engineering, Public sector, Accounting management, Government
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