MJAMR

The Impact Of IFRS Adoption On Financial Management Quality Of Stanbic Bank, Fort Portal

Kirabo Miria, Irumba Alex


Abstract

This study assessed the impact of International Financial Reporting Standards (IFRS) adoption on the quality of financial management at Stanbic Bank, Fort Portal branch, Uganda. A descriptive correlational design was adopted, with data collected from 89 respondents comprising branch staff, auditors, and corporate clients through structured questionnaires and document review. IFRS adoption was operationalized through disclosure quality, financial statement transparency, and IFRS compliance practices. Financial management quality was measured by accuracy of financial reporting, decision-making quality, and regulatory compliance. Pearson correlation and multiple regression analyses were employed. Results indicated that IFRS adoption significantly predicts financial management quality (R² = 0.561, F(3,85) = 36.17, p < 0.001). Financial statement transparency was the strongest predictor (β = 0.421, p < 0.001), followed by IFRS compliance practices (β = 0.312, p < 0.001) and disclosure quality (β = 0.219, p < 0.01).The study concludes that IFRS adoption substantially enhances financial management quality in Uganda's banking sector.

Keywords

IFRS adoption financial management quality Stanbic Bank Fort Portal financial statement transparency Uganda banking sector.
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Kirabo Miria & Irumba Alex (2026). The Impact Of IFRS Adoption On Financial Management Quality Of Stanbic Bank, Fort Portal. Metropolitan Journal of Academic Multidisciplinary Research, 5(5). https://journals.miu.ac.ug/pages/article.php?article_id=454

More in This Issue

View full issue →
16
The Effect Of Workplace Conflict Management On Employee Relations At The National Water And Sewerage Corporation (NWSC), Kampala, Uganda
Ochen Lawrence1 , Kabanda Richard2
Workplace Conflict Conflict Management Employee Relations Negotiation
17
The Effects Of Contract Management On Service Delivery In Hospitals In Uganda: A Case Study Of Mulago National Referral Hospital, Central Uganda
Ssekamatte Brian1 , Kalikola Jacob2
Contract management service delivery Mulago National Referral Hospital procurement
18
The Impact Of Art Education On Students' Critical Thinking And Creativity: A Case Of Selected Secondary Schools In Gulu District, Northern Uganda
Acayo Gloria1 , Nkwasibwe Kenneth2
Education art critical thinking creativity academic performance
19
The Impact Of Auditing On Corporate Governance In Uganda: A Case Of Kampala Capital City Authority (KCCA)
Nasirumbi Suraiya1 , Babirye Shamirah2
Auditing Corporate Governance KCCA Uganda
20
The Impact Of Auditing On Corporate Governance In Uganda: A Case Of KCCA
Irumba Alex1 , Kabanda Richard2
Auditing Corporate Governance KCCA Uganda