The Impacts Of Financial Records Management To Business Performance Case Study; Avemar Shopping Arcade Kampala

ABSTRACT

The purpose of the study was to examine the Impacts of Financial Records Managements to both Formal and Informal Business Enterprises within Avemar Shopping Arcade in Kampala Central Business District. The study sought to investigate the difficulties that Formal and Informal Business Enterprises are faced with in managing their financial records.

The concern was also to determine the impacts that financial records management has on the development and growth of both Formal and Informal business enterprises in Avemar Shopping Arcade. The study was carried out in Avemar Shopping Arcade in Kampala Central Business District in July 2006

Questionnaires were used to collect primary data from respondents, although some data were collected from secondary sources in the library. Accurate data analysis procedures were employed to come up with findings and recommendation that will assist in creation and implementation of informed policies to improve Financial Records Management among Formal and Informal business enterprises.

TABLE OF CONTENTS

DECLARATION ............................................................................................. i

AKNOWLEDGEMENT ............................................................................................. ii

TABLE OF CONTENTS ......................................................................................... iii

LISTS OFT ABLES .............................................................................................. I

LISTS OF FIGURES ......................................................................................... 2

ABSTRACT .......................................................................................... 3

DEFINATION OF TERMS ................................................................................................... 4

CHAPTERONE ........................................................................................ 5

1.0 INTRODUCTION ....................................................................................... 5

1.1 BACKGROUND OF THE STUDY ...................................................................... 5

1.2 STATEMENT OF THE PROBLEM ......................................................................... 7

1.3 PURPOSE OF STUDY. ................................................................................................ 7

1.4 OBJECTIVES OF STUDY ........................................................................................ 7

1.5 RESEARCH QUESTIONS ......................................................................................... 8

1.6 LIMITATIONS ............................................................................................ 9

1.7 SOLUTIONS TO LIMITATIONS ............................................................................... 9

1.8 SCOPE OF THE STUDY. ............................................................................................ 9

1.9 THEORETICAL FRAMEWORK ............................................................................. 10

I.IO SIGNIFICANCE OF STUDY .................................................................................. 12

CHAPTER TWO ......................................................................................... 13

LITERATURE REVIEW ......................................................................................... 13

2.0 INTRODUCTION .......................................................................................... 13

2.1 COMPONENTS OF FINANCIAL RECORDS ........................................................ 13

2.2 THE USERS OF FINANCIAL RECORDS .............................................................. 14

2.3 HOW ARE FINANCIAL RECORDS PROCESSED AND KEPT ......................... 15

2.4 THE RELEVANCIES OF FINANCIAL RECORDS MANAGEMENT ............... 16

2.5 IMPORTANCES OF FINANCIAL RECORDS MANAGEMENT ........................ 17

CHAPTER THREE ........................................................................................... 19

RESEARCH DESIGN AND METHODOLOGY ............................................................... 19

3.0 DESIGN OF THE STUDY ........................................................................................ 19

3.1 TARGET POPULATION ........................................................................................... 19

3 .2 SAMPLING DESIGN .............................................................................................. 19

3.3 DATA COLLECTION INSTRUMENTS AND PROCEDURES ........................... 20

3.4 DATA ANALLYSIS PRESENTATION AND PROCEDURES ............................ 21

3.5 VALIDITY /RELIABILITY OF RESEARCH INSTRUMENT ............................. 22

CHAPTER FOUR ....................................................................................... 23

DATA ANALYSIS .......................................................................................... 23

4.0 INTRODUCTION .......................................................................................... 23

4.1 QUANTIT ATTIVE ANALYSIS ................................................................................ 24

4.2 QUALITATIVE ANALYSIS ..................................................................................... 33

CHAPTER FIVE ............................................................................................ 35

5.0 SUMMARY OF FIINDINGS, CONCLUSIONS AND RECOMMENDATIONS 35

5.1 SUMMARYOFFINDINGS ..................................................................................... 35

5.2 ANSWERS TO RESEARCH QUESTIONS ............................................................. 37

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5.3 IMPLICATIONS TO THE STUDY/DISCUSSIONS .............................................. 39

5.4 CONCLUSIONS AND RECOMMENDATIONS .................................................... 40

5.5 RECOMMENDATIONS FOR FURTHER RESEARCH ........................................ 41

5.6 BUDGET PLAN .................................................................................................. 42

5.7 BIBLIOGRAPHY .................................................................................................... 43

5.8 QUESTIONNAIRE ..................................................................................................... 45