INVESTIGATION OF EFFECTIVENESS OF INFORMATION TECHNOLOGY ON THE OPERATIONS OF THE SAVINGS AND CREDIT COOPERATIVE SOCIETIES IN NAIROBI, KENYA.

2017 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Kandia Dennis Ireri ◽  
Prof. Abraham Idowu
Keyword(s):  
Information Technology ◽  
Financial Management ◽  
Management System ◽  
Sampling Technique ◽  
Target Population ◽  
Management Systems ◽  
Descriptive Research ◽  
Financial Management System ◽  
Multistage Sampling ◽  
System Effectiveness

Purpose: This study investigated the effectiveness of information technology on the operations of SACCO’s within Nairobi.Methodology:The study used a descriptive research design. The target population consisted of various Sacco members of Sacco’s in Nairobi County. This study used a multistage sampling technique.  The data collection techniques involved document analysis and questionnaires. A pilot study was conducted on 10% (15 respondents) of the study sample size. The questionnaires were self-administered. Data was gathered, coded and recorded into Statistical Package for Social Science (SPSS) program. Through descriptive statistics, the researcher summarized data in a meaningful way by making calculations to determine percentage for the response to satisfactory factors of the respondents and helped analyze profiles of the SACCO.Results:Based on the findings of the study concluded that; the SACCO members perceived that the effectiveness of ATM system, effectiveness of asset loan management system, effectiveness of liability/saving management system and the effectiveness of financial management system influenced the operations of savings and credit cooperative societies.Policy recommendation:SACCOs should commit more resources into the adoption and maintenance of information technology systems since they influence their operations positively.SACCOs should increase the number of ATMs since their effectiveness affect their operations positively SACCOs should maintain their asset loan management systems so as to ensure that members can access loans whenever they are in need

scholarly journals THE EFFECT OF FINANCIAL GOVERNANCE ON FINANCIAL MANAGEMENT SYSTEM EFFECTIVENESS IN HEALTH ORIENTED CIVIL SOCIETY ORGANIZATIONS

2016 ◽  
Vol 1 (1) ◽  
pp. 52-67
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna
Keyword(s):  
Civil Society ◽  
Nongovernmental Organizations ◽  
Financial Management ◽  
Management System ◽  
Civil Society Organizations ◽  
Descriptive Statistics ◽  
Management Systems ◽  
Financial Governance ◽  
Financial Management System ◽  
System Effectiveness

Purpose: The purpose of this study was to to determine the extent to which financial governance affect financial management system effectiveness in health oriented civil society organizations. Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: Study results indicated that financial governance affects financial management systems effectiveness of NGO’s. The results are further supported by a majority of respondents who agreed that the NGO’s have a governing body that provides strategic direction and leadership.Unique contribution to theory, practice and policy: The study recommended that financial governance ought to be thorough throughout the company with sound rules and regulations that governs the accounting and financial sector of the company. This will ensure timely and accurate disclosure of all financial matters regarding the corporation to the regulatory body thus showing the efficiency in financial management systems. 

scholarly journals THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON FINANCIAL MANAGEMENT SYSTEM EFFECTIVENESS IN HEALTH ORIENTED CIVIL SOCIETY ORGANIZATIONS

2016 ◽  
Vol 1 (1) ◽  
pp. 16-33
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna
Keyword(s):  
Information Technology ◽  
Nongovernmental Organizations ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Financial Management ◽  
Civil Society Organizations ◽  
Descriptive Statistics ◽  
Information And Communication ◽  
Financial Management System ◽  
System Effectiveness

Purpose: The purpose of this study was to determine the extent to which Information and Communication technology affects the financial management system effectiveness in health oriented civil society organizations. Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: The study results indicated that information technology management in non-governmental organizations are reliable and flexible enough to support the financial management of the organization. Additional results indicated that Nongovernmental organizations had invested in a management information system which had lowered administrative costs. The usage of IT led to efficient management of processes of budget accounting. The findings imply that information technology has significant positive effect on financial management systemUnique contribution to theory, practice and policy: The study provided recommendations to the NGOs and other organization that ICT development should be maximized fully in the organization especially if the objective is to improve efficiency and financial management systems effectiveness.

scholarly journals THE EFFECT OF HUMAN RESOURCE COMPETENCY ON FINANCIAL MANAGEMENT SYSTEM EFFECTIVENESS IN HEALTH ORIENTED CIVIL SOCIETY ORGANIZATIONS

2016 ◽  
Vol 1 (1) ◽  
pp. 34-51
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna
Keyword(s):  
Civil Society ◽  
Nongovernmental Organizations ◽  
Human Resource ◽  
Financial Management ◽  
Management System ◽  
Civil Society Organizations ◽  
Descriptive Statistics ◽  
Study Results ◽  
Financial Management System ◽  
System Effectiveness

Purpose: The purpose of the study was to establish the extent to which human resource competency affects the financial management system effectiveness in health oriented civil society organizations.Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: Study results show that the majority of respondents agreed with the statement that managers empower their employees at the lowest hierarchy who must be competent to achieve the organizational goals and objectives.Unique contribution to theory, practice and policy: The study recommends that human resource management must be fully functional in a company with continuous training of the staff to ensure up to date competences and increased knowledge in financial management. 

CRITERIA FOR EVALUATING THE EFFECTIVENESS OF THE FINANCIAL MANAGEMENT SYSTEMS OF THE MAIN MANAGERS OF BUDGET FUNDS

2021 ◽  
Vol 1 (8) ◽  
pp. 179-184
Author(s):  
S. A. AZIMOV ◽  
Keyword(s):  
Control System ◽  
Detailed Analysis ◽  
Internal Control ◽  
Financial Management ◽  
Management System ◽  
Management Systems ◽  
Internal Control System ◽  
Financial Management System

As part of this work, a detailed analysis of the evaluation of the effectiveness of the financial management system of the main managers of budget funds was carried out, judgments on the features and effectiveness of the implementation of the financial management system of the main managers of budget funds were presented, methods for evaluating the internal control system were considered. The principles of using the system, the positive and negative sides are analyzed. Recommendations on the adaptation of the methodology for evaluating the effectiveness of financial management systems in the main managers of budget funds are proposed.

scholarly journals INVESTIGATION OF EFFECTIVENESS OF INFORMATION TECHNOLOGY ON THE OPERATIONS OF THE SAVINGS AND CREDIT COOPERATIVE SOCIETIES IN NAIROBI, KENYA

2017 ◽  
Vol 2 (4) ◽  
pp. 84
Author(s):  
Dennis Ireri Kandia ◽  
Prof. Abraham Idowu ◽  
Mr. Tumaini Lisso
Keyword(s):  
Information Technology ◽  
Survey Research ◽  
Financial Management ◽  
Management System ◽  
Policy Makers ◽  
Body Of Knowledge ◽  
Financial Management System ◽  
The Government ◽  
Descriptive Survey

Purpose: To investigate the effectiveness of information technology on the operations of SACCO’s within Nairobi.Methodology: The study utilized a descriptive survey research design.Findings: Results revealed that effectiveness of ATM system influenced the operations of savings and credit cooperative societies. Results also revealed that effectiveness of asset loan management system influenced the operations of savings and credit cooperative societies. Results also revealed that effectiveness of liability/saving management system influenced the operations of savings and credit cooperative societies. Further, results revealed that effectiveness of financial management system influenced the operations of savings and credit cooperative societies.Unique contribution to theory, practice and policy: The study will be of importance to the researchers, SACCO’s, the society at large and the government in the following ways; First of all, the study will be of benefit to the management of cooperative societies in that they will be able to gain insight of the importance of IT in enhancing the effectiveness of their organizations. The study may help them address some of the challenges with regard to IT. The study will be of benefit to the government and particularly the policy makers as they will be in a position to make informed policies decisions regarding the use of IT in cooperative societies. Finally, the study will contribute to the existing body of knowledge in the area of the effectiveness of information technology on the operations of savings and credit cooperative societies in Nairobi, Kenya.

PKM Usaha Ilabulo Bakar Kecamatan Kota Selatan Provinsi Gorontalo

2019 ◽  
Vol 3 (2) ◽  
pp. 206
Author(s):  
Rahma Rizal ◽  
Haditsah Annur
Keyword(s):  
Financial Management ◽  
Management System ◽  
Online Marketing ◽  
Community Partnership ◽  
Selling Price ◽  
Sales Training ◽  
Business Partners ◽  
Online Sales ◽  
Financial Management System ◽  
Partnership Program

The partner in the community partnership program is Usaha Ilabulo Bakar. Ilabulo is a typical snack from Gorontalo. Formerly by the kings, Ilabulo symbolizes "Totombowata" which means united. PKM program by taking independent business partners as Ilabulo Bakar business actors. Partners who until now have many competitors that are difficult to develop. Every time Ilabulo was made per night, it could only be around 500 - 600 packs. The selling price per pack is around Rp. 5,000. Related to this PKM program the proposer wants to expand his business with ilabulo products globally by online marketing. This PKM program will help partners in the form of packaging improvements, product taste and quality, brands that do not yet exist, aspects of sales using only verbal communication, as well as simple management, the concept of inventory in warehouse does not yet exist and the financial management system is still lacking manual. and online sales training (e-commerce) of ilabulo Bakar products can be made as souvenirs typical of Gorontalo.

THE IMPORTANCE OF TAXATION SUPERVISION IN THE OPERATION OF ENTERPRISES

2021 ◽  
Vol 4 (4) ◽  
pp. 89-95
Author(s):  
YAN MIN TSZE ◽  
Keyword(s):  
Economic Analysis ◽  
Cash Flow ◽  
Financial Management ◽  
Management System ◽  
Regulatory Framework ◽  
Inventory Analysis ◽  
Arithmetic Operations ◽  
Financial Management System ◽  
The Cost

This article of the topic is due to the fact that accounting for the cost and financial management system of the enterprise is currently of particular importance and is carried out in a strict manner. When conducting accounting, the following procedures are used: search for compliance of the company's data on accounting and the regulatory framework; study of documentation; finding and forming errors during the audit. Such meth-ods are solved by the rules: evaluation of arithmetic operations; monitoring of inventory; analysis of cash flow in the enterprise; notification of certain persons about the completed economic and accounting operations; interviewing employees orally; assessment of cash flow according to documents; implementation of economic analysis aimed at studying the movement of funds of the enterprise.

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