Internal Control Systems and Financial Performance of Private Secondary Schools in Kamuli District Uganda: Case Study of Kamuli Progressive College

TABLE OF CONTENTS

DECLARATION

APPROVAL DEDICATION m

ACKNOWLEDGEMENT

ABSTRACT

LIST OF ABBREVIATIONS AND ACRONYMS xi

CHAPTER ONE 1

INTRODUCTION

1.0 Introduction 1

1.1.0 Background to the Study

1.1.1 Historical Perspective 1

1.1.2 Theoretical Perspective 3

1.1.3 Conceptual Perspective 4

1.1.4 Contextual Perspective 5

1.2 Statement ofthe Problem 6

1.3 Purpose ofthe Study 7

1.4 Specific objectives ofthe Study 7

1.5 Research questions 7

1.6 Research hypotheses 8

1.7 Scope ofthe study 8

1.7.1 Geographical scope 8

1.7.2 Time scope 8

1.7.3 Content scope 8

1.8 Significance ofthe study 9

1.9 Operational definitions ofkey terms 9

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CHAPTER TWO

LITERATURE REVIEW 10

2.0 Introduction 10

2.1 Theoretical review 10

2.1.1 Institutional theory 10

2.2 Conceptual Review 11

2.1 Conceptual Framework 11

2.3 Review of Related Literature 13

2.3.1 The effect of Control activities on financial performance of private secondary schools 13

2.3.2 Effect Risk management on financial performance of private secondary schools 14

2.3.3 The effect of Control environment on financial performance of private secondary schools.

15 2.4 Empirical review 17

2.5 Research gaps 18

CHAPTER THREE 19

METHODOLOGy 19

3.0 Introduction

3.1 Research Design 19

3.2 Research population 19

3.2.1 Sample Size 20

3.2.2 Target population 21

3.2.3 Sampling procedure 21

3.3 Data Sources 22

3.3.1 Primary data 22

3.3.2 Secondary data 22

4. Data collection instruments 23

3.4.1 Interview guide 23

3.4.2 Questionnaires 23

3.5 Quality data control 24

3.5.1 Validity and Reliability 24

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3.6 Data Processing .24

3.7 Data analysis 25

3.8 Ethical consideration 25

CHAPTER FOUR 26

PRESANTATIONS INTEPRETATIONS AND ANALYSIS OF DATA 26

4.0 Introduction 26

4.1 Demographic characteristics of respondents 26

4.1.1 Gender of respondents 26

4.1.2 Age of the Respondents 27

4.1.3 Education Levels of the Respondents 27

4.1.4 Position held in the institution 28

4.2. Organization Characteristics 29

4.2.1 Size of the institution 29

4.2.2 No of years in operation 30

4.3 Descriptive statistics on control environment on financial performance 31

4.5 Descriptive statistics on control activities on financial performance 37

CHAPTER FIVE 40

SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION 40

5.0 Introduction 40

5.1 Summary of findings 40

5.1.1 The effect of Control activities on financial performance of private secondary schools 40

5.1.2 Effect of Risk management on financial performance of private secondary schools 41

5.1.3 The effect o fControl environment on financial performance of private secondary schools.

41 5.2 Conclusion 42

5.3 Recommendations 42

5.3.1 The effect ofControl activities on financial performance ofprivate secondary schools 42

5.3.2 Effect ofRisk management on financial performance ofprivate secondary schools 43

5.3.3 Effect ofControl environment on financial performance ofprivate secondary school 43

VT’

REFERENCES .45

APPENDIX i .49

QUESTIONNAIRE 49

Appendix ii: Research Budget 54