Metropolitan Journal of Academic Multidisciplinary Research

Volume 2, Issue 12 (December)

44 articles
1
A Study On The Effect Of Financial Records Management On Financial Reporting In Organisations: A Case Study Of Kenjoy Supermarket In Nansana
Wasswa Christopher, Zikusooka Enock
Financial record Management and financial reporting
The study sought to establish The Effect of Financial Records Management on financial reporting in organizations. The research was carried out using descriptive, analytical design and explanatory basing on the literature available to obtain quantified and qualified data 133 respondents expected to provide data. Data was collected by use of a selfadministered questionnaire, and interview guide. Quantitative data was analyzed at univariate level basing on the mean and frequencies, bivariate level using correlation coefficient and multivariate using spearman’s rank correlation with the help of Statistical Package for Social Sciences (SPSS). Qualitative data were analyzed by content analysis by composing explanations and substantiating them using the respondents’ open responses. The study found that revenue and expenditure accounts play a major role in ledger accounts. For ledger accounts to be effective, revenue and expenditure accounts must be well prepared to limit chances of negative financial performance at Kenjoy supermarket in KampalaUganda. It found that an improvement in keeping and preparing purchases and sales ledgers can result in improved financial performance. It also found that Kenjoy supermarket keeps purchases and sales ledger, cash book, revenue and expenditure accounts, statement of income and balance sheet. The research concluded that Kenjoy supermarket continues maintaining cash books because they keep track of the daily transactions made within the business this helps to determine the level of profitability from period to period and also reduces embezzlement of the organization’s funds hence leading to the growth and development of the company. Therefore, the researcher recommended that a basic record keeping system, whether on paper or an off-shelf computer software program, — should be simple to use, easy to understand, reliable, accurate, and consistent and designed to provide information on a timely basis.
2
A Study On The Relevancy Of Village Local Council Leadership On The Implementation Of Government Programs: A Case Study Of The Youth’s Livelihood Program In Kasana Town Council In Luwero District Local Government
Nabayise Cissy, Babirye Shamilah
Local government Village local councils Uganda Youth Livelihood Program Roles Challenges
The evolution of local government systems in Uganda has spanned pre-colonial, colonial, and post-colonial periods, resulting in a structured framework governed by statutes and acts. This study delves into the roles, challenges, and potential remedies encountered by village local councils in Uganda, with a focus on their involvement in implementing government programs like the Youth Livelihood Program (YLP). Through a quantitative research design and a sample size of 132 respondents in Luweero, the study examines the multifaceted roles of village local councils, revealing a concentrated effort in program implementation, monitoring and evaluation, policy formulation, resource mobilization, and advocacy. Challenges faced by these councils include limited funding, lack of technical support, insufficient infrastructure, political interference, and community resistance. Proposed remedies encompass increased funding, training, infrastructure development, policy advocacy, and community engagement. The study concludes by emphasizing the critical role village local councils play in grassroots governance and the need for collaborative efforts to address challenges and empower these councils effectively.
3
Assessing The Influence Of Mining On The Community. A Case Study Of Manafwa District.
Mukhwana Joseph, Lunyole Florence
Mining Community and minerals
The study was conducted in the parishes of Buwaya Sub County Manafwa District of Uganda. The main objective of the study was to investigate the influence of mining companies’ activities on socio-economic welfare of mining community a case of Vermiculate of Buwaya Sub County in Manafwa District, Uganda while the specific objectives were; to find out the status of Vermiculate Mining Companies’ Activities, establish the Socio-Economic welfare status of the mining community and the influence of mining companies’ activities on socio-economic welfare of mining community The study adopted cross section research design, the sample size of the study was 80, quantitative data was collected using the questionnaire while qualitative using interview guide. The quantitative data was analyzed using statistical package for social science (SPSS) and presented in tables and multiple regression to obtain the level of influence while data qualitative using themes. The study found a very low status of Vermiculate mining companies’ activities at (Grand mean = 1.43, SD = 0.48). It also found a very low Socio-Economic welfare status of mining community at (Grand Mean = 1.68, SD = 0.57). The study revealed that provision of employment opportunities was the only activity that positively influenced the socio-economic welfare (β = 20.8, P = 0.002). The study concluded that efforts were needed to improve the very low socio-economic welfare status of the mining community and the provision of employment opportunities was the most important activity. The study thus recommended that mining companies should maximize their influence on socio-economic welfare of mining communities through mechanisms that continuously ensure provision of employment opportunities and the government to design policies that agitate for provision of employment to communities from mining companies.
4
Assessing The Influence Of School Environment On Academic Performance Among Secondary Students: A Case Study Of Selected Schools In Merikit Sub-CountyTororo District.
Omondi Jenner, Namuyonga Rebecca
School Environment Academic performance and Students
The study was to examine the effect of school environment on students’ academic performance in Secondary school students of Tororo District. It was guided by the following objectives; to establish how availability of good teachers influences students’ academic performance, to assess the effect of school environmental factors on student’s performance and to determine howadequacy of teaching equipment influences students’ academic performance. The study employed both qualitative and quantitative approaches. The Questionnaire was the main instruments of data collection in addition to interview guide and document review. The data collected was analyzed using descriptive statistics. According to the statistical results in summary, adequacy of physical facilities improves students’ academic performance. It was concluded that presence of human resources had significant influence on students’ academic performance and presence of scholastic materials significantly influenced students’ academic performance. The study recommends school administrators too properly and appropriately plan for human resources and scholastic materials in schools and also emphasize that timetables are respected. Rewards need to be more pronounced and given enough awareness so as to enable students comprehend them better. School timetables need to provide time for counseling and guidance to students so as to prevent occurrence of offences rather than punishing the offenders.
5
Broadcast Media And It’s Effect On The Promotion Of Human Rights In Uganda. A Case Study Bushenyi District
Shamirah Babirye, Richard Kabanda
Broadcast Media Promotion and Human Rights
Broadcast Medias are in an effort to disseminate information towards the goodness of the society. The purpose of this study was to investigate the effect of broadcast media in dissemination of information on the promotion of human rights in Uganda, to investigate the Factors militating broad cast Medias against human rights coverage in Uganda and to examine the relationship between broadcast media and the promotion of human rights in Kashenshero town council Bushenyi district. The study adopted a media systems dependency theory which suggests, information resources lead to changes in individuals’ cognition, emotions and behavior. The study population was 178 who included 8 Sub County administrators, 14 Politicians, 8 Parish chives, 40 village leaders, 82 local masses, 6 journalists of Ruhinda FM and 20 officials of the civil society organization. Purposive sampling was used to collect data from Kashenshero sub county officials, civil organizations, political leaders and cluster sampling on journalist of Ruhinda fm. sampling on the. Data collected was analyzed and recorded using statistical packages and reported in form of tables and indicated as frequencies and percentage. The study findings indicated that broadcast media effects the promotion of human rights in Uganda and the study findings revealed that there was a negative correlation between the variable. The study recommends that total freedom of the press is a fundamental human right. Authoritarian of the media seems to hinder the operations of the press to, mass media should be objective, fair and accurate for these are the ethical issues in their operations of which they should abide, by these the credibility and confidentiality in the media will be enhanced.
6
Church Programmes and Community Socio- Economic Empowerment in Uganda: A Study of Kazo Parish, Kazo Archdeaconry, Namirembe Diocese of Church of Uganda
Moses Kituno, Moses Ntirandekura (PhD Cand.)
; Church Programmes Community Socio-Economic Empowerment biblical and pastoral teaching vocational training economic activities
The study examined the contribution of church programmes in community socio-economic empowerment in Kazo Parish, Kazo Archdeaconry, Namirembe Diocese, Church of Uganda. It was guided by the objectives to establish the relationship between Biblical and Pastoral teachings on community socio-economic empowerment in Kazo Parish, Kazo Archdeaconry, Namirembe Diocese, Church of Uganda, to examine the relationship between economic activities supported by the Church and community socio-economic empowerment in Kazo Parish, Kazo Archdeaconry, Namirembe Diocese, Church of Uganda and to identify the relationship between health and education programmes and community socio-economic empowerment in Kazo Parish, Kazo Archdeaconry, Namirembe Diocese, Church of Uganda. The study used a cross sectional research design and a sample size of 277 respondents. Respondents were selected using stratified random sampling and purposive sampling techniques. Questionnaires and interview guide were used in collecting data and quantitative data was analysed using descriptive and inferential statistics with the help of SPSS version 22. The findings demonstrated a moderate positive correlation between biblical and pastoral teachings that promote socioeconomic empowerment through caring for the vulnerable, financial literacy, entrepreneurship, health, and education, and increased perceived socio-economic enablement and standards of living within communities. The results revealed a moderate positive correlation between economic activities conducted by faith institutions, such as job training programs, livelihood projects, financial literacy workshops, and small business support, and increased socio-economic development outcomes within communities. The results showed a strong positive correlation between investment in community health and education programs and levels of socio-economic empowerment within a community. The study recommended that religious organizations should develop and expand social programs that directly address issues raised in biblical teachings around caring for the vulnerable and disadvantaged.
7
Credit Management And Financial Performance Of Financial Institutions In Uganda, A Case Study Of Centenary Bank, Gulu Branch
Gracious Kazaara Ariyo
credit management financial performance and institutions
The study aimed at credit management and financial performance of financial institutions in uganda with a case study of centenary bank, Gulu branch and it was guided by the following objectives; To examine the effect of credit terms on financial performance of Centenary Bank, Gulu Branch, to analyse the effect of credit assessment on financial performance of Centenary Bank, Gulu Branch and to investigate the relationship between credit control and financial performance of Centenary Bank, Gulu Branch. A descriptive research design was adopted for the study since it focuses on the people as well as their attributes which enable the investigator to understand and examine the influence of credit management on the performance of financial institutions in Uganda. The method was used to collect data from middle-level staff and other lower-level staff within the bank because they were directly involved in the operations of the SMEs. Self-Administered Questionnaires (SAQ) was employed to gather data from the study elements in a structured manner. SAQs with one open ended question per section was designed for SME employees to give additional or express their mind while the rest was close-ended aimed at testing perception using a five-point likert scale measuring from Strongly Disagree as response 1, Disagree as response 2, Not sure as response 3 Agree as response 4 and Strongly Agree as response 5 for easy measurements of variables. From the findings, it shown that there was a strong relationship between credit financing andthe growth of bank. At Pearson correlation coefficient r =0.669. The results as depicted from the table above (r2=0.669, P=0.035) suggested a positive and significant effect on credit financing on the growth of bank in Centenary bank. The positive relationship meant that when credit financing increases, bank also grow. Banks should devise means they deliver credit financing facilities, improve terms and conditions under which financial institutions offer various credit facilities to bank.
8
Credit Policy on the Financial Performance of Micro Finance Institution in Luwero District. A Case Study of Letshego Microfinance
Claire Nansereko, Enock Zikusooka
debt recovery loan recovery credit policy financial performance and MFI’s
The study was about the impact of credit policy on the financial performance of Microfinance institution in Luwero District a case study of Letshego Microfinance. The study was guided by three research objectives as follows; to determine the effect of client appraisal on financial performance in Letshego microfinance institutions in Luwero District, to establish the effect of credit risk control on financial performance in Letshego microfinance institutions in Luwero District and to determine the effect of collection policy on financial performance in Letshego microfinance institutions in Luwero District. The study used a cross sectional research design where both qualitative and quantitative methods were used to collect, present and interpret and analyze verbal data (descriptive). The study took a population of 65 respondents out of a sample size of 45 respondents; these included; loan officers, loan committee members, supervisor, and members from the business community. The study used questionnaires methods to collect data. According to the findings, the study noted that. client appraisal is mostly used in Letshego microfinance because it is a useful strategy for credit management, Letshego has competent staff who appraise clients, personality of the client is highly observed, Collateral aspects are put into consideration, loan defaults can emerge in the instances when customer’s capacity is not assessed and aappraisal of client examines the customer’s ability to fulfill his financial obligations. It was note that credit risk is controlled through imposing limits on loans, use of credit checks, flexible repayment period, penalty for late payment, use of customer credit application forms and credit committees are used for assessment of clients. This is used in Letshego microfinance however default minimal defaults tendencies still exist. Study findings indicated that the Bank has formulated collection procedures and systems, the Bank enforces guarantee policies to provide chances for loan recovery, the Bank has regular reviews on collection policies to improve the state of credit management, the Bank has maintains a credit policy manual to help in debt recovery, there is Flexible repayment duration enhances loan repayment and there is Penalty for late repayment encourages customers commitment to loan repayment. It is however can be concluded that credit policy is a very important matter in the process of financial evaluation. Regardless of these policies in the bank, there is a possibility that defaults among customer are expected to be high and contrary. It is recommended that for Letshego microfinance to effectively enhance its performance; there is need to enhance their client appraisal techniques to avoid having un-credit worthy clients leading to loan delinquency. There is need to improve the financial performance by having credits paid and having a positive performing loan portfolio in terms of recovery.
9
Customer Care Services And Sales Volume Of FinancialInstitutions In Uganda; A Case Study Of Bayport Financial Services (Bfs)
Achola Monica, Kaziro Nicholas
The purpose of this study was to examine Customer Care Services and Sales Volume ofFinancial Institutions in Uganda, a case study of Bayport financial Services (BFS). The specific objectives were to examine the relationship between complaints registration procedures and sales volume in Bayport financial services. (BFS), to determine the relationship between complaints investigation and sales volume in Bayport financial services., to establish the relationship between customer care services and sales volume in Bayport financial services. Simple random design and stratified random sampling design were used to get the required sample of clients and to ensure that each member had equal chance of being selected. The study used questionnaire and an interview guide to acquire data from respondents. It was confirmed by a mean of 3.83 and standard deviation of 1.085 implying that the bank actually does conduct full assessment of complaints so they can come to solution for the complaint that can help resolve the complaint. The majority of the respondents strongly agreed with 60%, followed by agree with 23.3%, then not sure and agree with 6.7%each and then strongly disagree with 3.3%. This is confirmation that complaints management actually creates loyal customers. A mean of 4.30 and standard deviation of 1.088 confirms the responses. It was recommended that Bayport financial services should re-implement the complaints registration strategies for example better documentations of customer records,
10
Decentralization and Public Service Delivery in Uganda. A Case Study of Umeme
Twesigye Alex, Kaziro Nicholas
Decentralization and Public service delivery
Historically, during the past quarter century, decentralization of government has been under way in all parts of the world. Renewed interest in decentralization in developing countries was brought about mainly by the spread of market and democratic principles. There was also consensus that decentralized management creates conditions for sustainable development and poverty reduction. The purpose of this study therefore was to examine the influence of decentralization in public service delivery in Uganda, case study of UMEME. The study used a descriptive research design and adopted a case study strategy. The study population comprised of Employees of UMEME, Kampala. The study considered a population of 100 of UMEME. The sample size of the study was determined by Kreijic and Morgan 1970 sample determination table. The sample size was 80 individuals. Findings from the regression model revealed that the study variables explain 68.4%of the service delivery of UMEME in Uganda. The findings further revealed that decentralization incentives (Beta= .459, Sig. < .000) was a better predictor of the service delivery of SB’s and this was followed by decentralization (Beta = .311, Sig. < .005), and lastly deconcentrating with (Beta=.171, Sig.<.031). This implied that strengthening and improving the existing decentralization policies relating to reconcentration, devolution and decentralization incentives, the service delivery of UMEME improve in Uganda. According to study findings, it was concluded that; “the simplified system of decentralization, decentralization planning and functional expertise, interpretation of decentralization laws and regulations play a fundamental role in enhancing the service delivery.” The researcher therefore recommended that decentralization exemption and issued with a decentralization exemption certificate from URA since such Corporation will demonstrate a good track record of paying the decentralization es on time.