The Effects Of Internal Control System On Organisation's Cash Flow Management "A Case Study Of Kilifi Teachers Co-Operative Society"

ABSTRACT

This Study was about the Effects of Internal Control System on Organization's Cash

Flow Management a case of Kilifi Teacher's Co-operative Society. The main Objective

of the study was to establish the Relationship between Internal Control System on

Organizational Cash Flow Management in KITECO.

Chapter One of the Study established the background of the study, the statement of the

problem, the Purpose of the study which was to establish the Relationship between

Internal Control System and Organizational Cash flow Management in KITECO, and the

Research objectives were to; Establish the Relationship between internal Control System

and organizational Cash flow management in KITECO, to examine the roles played by

internal Control System on the Performance of KITECO and to detern1ine the

components and types of internal Control Systems in KITECO.

The Research Objectives were used to formulate were used to formulate Research

Questions.

The Scope of the study was limited to Kilifi Teacher's Co-operative Society in Kilifi

District and its significance was to create a system of Internal Control Structure in

KITECO which is a primary concern for organizations seeking to improve their

operations, give an insight on the importance of Internal Controls in playing an Integral

paii in organizational efficiency and to help other researcher's in the field in the field of

study to have a deeper understanding on the nature and importance of internal Controls in

Organizations.

Chapter Two deals with Literature Review of ICS, theoretical Framework and literature

relatwd to the study discussed in depth.

Chapter Three dealt with the type of Research Methodology used, the Research Design

employed during the Study which was qualitative and quantitative, the research population which was 100 employees and the sample size of 50 employees selected randomly. The Data Source used was both primary and secondary collected through

Interviews and Questionnaires. The limitations experienced being language banier,

unwillingness to give out information and Jack of enough literature related to the study. Chapter Four Dealt with analysis and presentation of Data which was collected during the

study. This included the Bio Data of the respondents and the other results in relation to the study objectives. The results were presented in form of Tables. Bar Graphs and PieCharts.

Chapter Five was the last Chapter showing the Surnn1ary of findings, conclusions and Recommendations. The findings of the study were based on the research Objectives and the recommendations were made in relation to that specific Study.