THE INFLUENCE OF INTENAL AUDIT ON FINANCIAL MANAGEMENT IN MARSABIT COUNTY GOVERNMENT- KENYA

Purpose: The purpose of this study was to determine the effect of internal audit on the financial management in the County Government of Marsabit. Methodology: The study adopted descriptive survey was adopted for this study. The targeted study population was 63 staff members who are Job group K and above from the department of Finance in the directorate of Accounts, Revenue, Procurement and Internal Audit. The study employed simple structured questionnaires to gather primary data which was analyzed using SPSS. Results: The study revealed that internal audit function had a significant influence on financial management at the county government of Marsabit (r=0.691, p=0.00) Unique contribution to theory, policy and practice: Good financial management is very essential in protecting the public funds. This study encourages good practices of accountability, transparency and wealth creation with public funds. The study is beneficial to not only Marsabit County but other counties in Kenya. The study concludes that the Marsabit County has a functional internal audit committee and internal auditors perform their duties with great autonomy and independence. The study further concludes that internal audit has strong positive effect on the financial management in Marsabit County. The study recommends internal audit to be well staffed and resourced so that it is able to carry out regular audits of the county government. This will improve financial management of the County Government since it has been established that internal audit has strong positive effect on the financial management. Additional research can be conducted in the National government on factors influencing financial management and drawing comparisons.

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INFLUENCE OF PARTICIPATION IN PUBLIC DEBATES ON RESPONSIVE GOVERNANCE IN NAIROBI CITY COUNTY GOVERNMENT, KENYA

Journal of Human Resource and Leadership ◽

10.47604/jhrl.1420 ◽

2021 ◽

Vol 6 (1) ◽

pp. 60-67

Author(s):

Ndei Maina ◽

Mike Iravo ◽

Kepha Ombui

Keyword(s):

Significant Relationship ◽

Local Governance ◽

Secondary Data ◽

Sampling Technique ◽

Target Population ◽

Primary Data ◽

County Government ◽

Unique Contribution ◽

Policy And Practice ◽

Public Debates

Purpose- This study focused on establishing the influence of participation in public debates on responsive governance in Kenya. Its main objective was to establish the influence of participation in public debates on responsive governance in Kenya. Methodology- Descriptive research design and positivism research philosophy were adopted. The study focused on a target population of 680 respondents from Eighty-five wards within Nairobi County, and data was collected from the following groups of respondents; Civil society representative, religious representative, ward administration representative, youth representative, women representative, the special interest group representative, a representative of the citizens’ anticipating county services and a representative of the old aged residents were targeted. A sample size of 139 respondents was determined though purposive sampling technique. Primary data was collected through questionnaires and secondary data through published materials. Data was analysed through SPSS and presented in tables. Hypothesis testing was done through the use of t-test. F test (ANOVA) was also conducted to ascertain the difference between groups on study variable. Findings- The study found that participation in public debates had a positive and significant relationship with responsive governance. The study concluded that through participation in public debates citizens are able to support the incumbent leader to facilitate achievement of county goals. The results from participation in public debates indicated that an increased Participation in Public Debates resulted to responsive governance. Correlation results revealed that Participation in Public Debates and responsive governance were positively and significantly related. Regression further showed that participation in public debates have a positive and significant relationship with responsive governance in Nairobi city county government in Kenya. Unique contribution to theory, policy and practice - The study recommended that there is need to establish forums to in order to enable citizens to engage directly in planning, policy making and monitoring service delivery. Based on the study findings, the study recommends that there is need to establish, County, Sub-County and Ward Citizens Forums to enhance participation of residents in local governance. Originality/value – This paper fulfils an identified need understand how Participation in Public Debates can influence responsive governance.

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PENGARUH TRANSPARANSI PENGELOLAAN KEUANGAN DANA DESA DAN PEMBERDAYAAN MASYARAKAT TERHADAP KESEJAHTERAAN MASYARAKAT DESA SIDOHARJO

Kajian Bisnis STIE Widya Wiwaha ◽

10.32477/jkb.v28i1.376 ◽

2020 ◽

Vol 28 (1) ◽

pp. 35-50

Author(s):

Dewi Kusuma Wardani ◽

Ratih Ranika Putri Utami

Keyword(s):

Financial Management ◽

Linear Regression Analysis ◽

Sampling Technique ◽

Multiple Linear Regression Analysis ◽

Community Empowerment ◽

Primary Data ◽

Community Members ◽

The People ◽

Quantitative Descriptive ◽

Positive Effect

This study aims to determine the effect of transparency in financial management of village funds and community empowerment on community welfare in Sidoharjo Village, Tepus District, Gunungkidul Regency. This research method uses quantitative descriptive methods and primary data using questionnaires. This study took a sample of residents who were divided into 11 hamlets in Sidoharjo Village, Tepus District, Gunung kidul Regency. The sampling technique is stratified random sampling. Data collection is done by distributing questionnaires directly to people’s homes, attending social gatherings and routine meetings held by community members. It aims to obtain more data from respondents directly. The number of questionnaires processed was 120 questionnaires. Data were analyzed using multiple linear regression analysis. The results of this study indicate that community empowerment has a positive effect on the welfare of the people of Sidoharjo Village, Tepus District, Gunungkidul Regency, while transparency in financial management of village funds does not affect the welfare of the community in Sidoharjo Village, Tepus District, Gunungkidul Regency.

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Faktor-faktor Pendukung Pencegahan Fraud pada Bank Perkreditan Rakyat

Jurnal Ilmiah Akuntansi ◽

10.23887/jia.v5i1.24275 ◽

2020 ◽

Vol 5 (1) ◽

pp. 84

Author(s):

Gine Das Prena ◽

Reynaldi Mulyana Kusmawan

Keyword(s):

Corporate Governance ◽

Quantitative Analysis ◽

Internal Audit ◽

Linear Analysis ◽

Data Sources ◽

Primary Data ◽

Test Results ◽

Rural Credit ◽

Good Corporate Governance ◽

Positive Effect

This study aims to determine whether the understanding of Risk Based Internal Audit, Whistleblowing System, anti-fraud awareness, and the application of the principles of Good Corporate Governance affect the prevention of fraud in Rural Credit Banks in Bali Province. This study uses primary data sources, using instruments in the form of questionnaires. The population used in this study were auditor internal and bord of directors from 134 Rural Credit Banks and the sample used was auditor internal from 57 Rural Credit Banks taken purposive sampling. The analytical method used is quantitative analysis that is multiple linear analysis using SPSS test equipment. t test results show that Risk Based Internal Audit, Whistleblowing System, Anti-Fraud awareness, and the application of the principles of Good Corporate Governance each have a positive effect on Fraud prevention

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Audit committee – internal audit interaction and moral courage

Managerial Auditing Journal ◽

10.1108/maj-06-2015-1205 ◽

2016 ◽

Vol 31 (4/5) ◽

pp. 403-433 ◽

Cited By ~ 10

Author(s):

Imen Khelil ◽

Khaled Hussainey ◽

Hedi Noubbigh

Keyword(s):

Audit Committee ◽

Critical Role ◽

Internal Audit ◽

Moral Courage ◽

Content Type ◽

Second Stage ◽

Internal Audit Function ◽

Mixed Approach ◽

Positive Effect

Purpose This paper aims to offer empirical evidence about the effect of the interaction between the audit committee and the internal audit function (IAF) on the moral courage of the chief audit executive (CAE). Design/methodology/approach A mixed approach was followed. In the first stage, questionnaires were sent to CAEs of 60 listed, financial and non-financial Tunisian companies. To enhance the depth of the analysis, in the second stage, semi-directed interviews with 22 CAEs from listed financial and non-financial Tunisian companies were performed. Findings This paper found that the existence of private access to the audit committee has a positive effect on the moral courage of the CAE. The number of meetings between the audit committee and the CAE, the examination of internal audit programmes and results together with the contribution of the audit committee to the appointment and dismissal of the CAE do not show a significant link with the moral courage of the CAE. It also found an insignificant relationship between the audit committee’s examination of interaction between management and the IAF and the moral courage of the CAE. Originality/value To the best of the authors' knowledge, this paper fills one of the major research gaps in the auditing literature by demonstrating the critical role of audit committee–internal audit interaction in promoting the CAE’s moral courage to behave ethically.

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FAKTOR-FAKTOR YANG MEMPENGARUHI KUALITAS LAPORAN KEUANGAN PEMERINTAH DAERAH KOTA SEMARANG

KINERJA ◽

10.24002/kinerja.v20i2.843 ◽

2016 ◽

Vol 20 (2) ◽

pp. 179

Author(s):

Lilis Setyowati ◽

Wikan Isthika ◽

Ririh Dian Pratiwi

Keyword(s):

Human Resources ◽

Internal Audit ◽

Financial Statements ◽

Financial Statement ◽

Primary Data ◽

Significant Positive Effect ◽

Role Of It ◽

Positive Effect

AbstractThe purpose of this study is analyze the factors influence the quality of financial statement .This study uses primary data obtained from questionnaires to accounting of SKPD Semarang. The method used in this research is multiple regression analysis. The results of this study indicate that (1) the variable role of information technology did not significantly affect the quality of financial statements, (2) the competence of human resources significant positive effect on the quality of financial statements, (3) the role of internal audit significant positive effect on the quality of financial statements.Keywords: role of IT, competence of human resources, role of internal audit, and quality of financial statement

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PERAN PEMEDIASI LOCUS OF CONTROL PADA PENGARUH FINANCIAL KNOWLEDGE DAN FINANCIAL ATTITUDE TERHADAP FINANCIAL MANAGEMENT BEHAVIOR

Jurnal Ilmu Manajemen ◽

10.26740/jim.v9n4.p1500-1515 ◽

2021 ◽

Vol 9 (4) ◽

pp. 1500-1515

Author(s):

Bella Cahyaningrum ◽

Muhammad Ali Fikri

Keyword(s):

Locus Of Control ◽

Financial Management ◽

Sampling Technique ◽

Positive Influence ◽

Financial Knowledge ◽

Primary Data ◽

Questionnaire Data ◽

Management Behavior ◽

Positive Effect ◽

Special Region

This study aim to determine the effect of financial knowledge and financial attitude towards financial management behavior with locus of control as a mediating variable for students of the Faculty of Economics and Business in Yogyakarta. The population of this study were students of the Faculty of Economics and Business in Yogyakarta, totaling 198,144 respondents. Sampling in this study used purposive sampling technique by using several criteria, namely students of the Faculty of Economics and Business in the Special Region of Yogyakarta, class 2016-2019 because students have studied finance-related subjects that have been studied in lectures, so that students have an understanding and knowledge of finance. The number of samples in this study were 96 respondents. The technique of collecting data by using a questionnaire. Data analysis tools using SmartPLS version 3.0 software. the type of data used is primary data. Direct significance testing of the hypothesis shows that financial knowledge has a positive effect on financial management behavior. Locus of control mediates the positive influence of financial knowledge on financial management behavior. Financial attitude has a positive effect on financial management behavior. Locus of control mediates the positive effect of financial attitude on financial management behavior.

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The Effect of Competence Human Resources, Implementing Commitments, Implementation of Regulation and Quality of Training on Compliance with Government Regulation Number 71 of 2010 Regarding Fixed Assets

AFEBI Accounting Review ◽

10.47312/aar.v5i01.323 ◽

2020 ◽

Vol 5 (01) ◽

pp. 46

Author(s):

Dri Asmawanti-S

Keyword(s):

Human Resources ◽

Financial Management ◽

Government Regulation ◽

Linear Analysis ◽

City Government ◽

Primary Data ◽

Fixed Assets ◽

The City ◽

Positive Effect

<pre><em><span>This study aims to test and prove the influence of human resource competencies, implementing commitments, implementing regulations, and the quality of training on compliance with government regulation number 71 of 2010 regarding fixed assets. The population in this study were all financial management apparatus in the Regional Devices Organization in the City Government of Bengkulu. The data used in this study are primary data, which was obtained by distributing questionnaires to the respondents. The sample in this study amounted to 146 respondents, data analysis was performed using SPSS version 22. Hypothesis testing used multiple linear analysis. The results showed that the competence of human resources, implementing commitment, the application of regulations, and the quality of training proved to have a positive effect on compliance with government regulation number 71 of 2010 regarding fixed assets.</span></em></pre>

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Water Sector Reforms, Commercialization and Financial Sustainability of Public Water Utilities in Kenya: The Case of Homa Bay Water and Sewerage Company Limited

International Journal of Business and Management ◽

10.5539/ijbm.v13n7p179 ◽

2018 ◽

Vol 13 (7) ◽

pp. 179

Author(s):

Agwa Maryline Akinyi ◽

Paul A. Odundo

Keyword(s):

Financial Management ◽

Management Practices ◽

Relative Weight ◽

Internal Audit ◽

Primary Data ◽

P Value ◽

Financial Sustainability ◽

Water Sector ◽

Cross Sectional ◽

Company Limited

Reforms in the Kenyan water sector entrenched the aspect of commercialization, which subjected water services to market forces and necessitated establishment of autonomous public utilities, such as Homa Bay Water and Sewerage Company Limited, to improve cost recovery, efficiency and sustainability. This study focused on how commercialization, as an aspect of the reforms, influenced the utility’s financial sustainability. A cross-sectional design, with mixed methods approach, guided the study. Primary data were sourced in mid 2017, from water officers, water users and water committee members. Quantitative techniques included cross-tabulation with Chi square statistic, Relative Importance Index and Kendall’s Coefficient of Concordance. The results show that compliance of procurement activities to relevant legislations was the most important aspect influencing the utility’s financial sustainability (relative weight = 0.838); followed by effectiveness of internal audit in enforcing expenditure policies (relative weight = 0.825); and relevance of activities on which water revenues were spent (relative weight = 0.812). The analysis obtained a strong and significant concordance of respondents’ views regarding relationship between financial management practices and the utility’s financial sustainability (Kendall’s W= 0.862, x2= 64.491, df = 4 & p-value = 0.000). Consequently, ensuring that procurement activities are strictly guided by procurement laws is important for preventing irregularities and minimizing loss of financial resources; while strengthening capacity of the internal audit department and enhancing its independence, are crucial antecedents for the utility’s financial sustainability.

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Pengaruh Kompetensi Independensi dan Motivasi Auditor Terhadap Kualitas Audit Internal

JURNAL EKSPLORASI AKUNTANSI ◽

10.24036/jea.v3i1.359 ◽

2021 ◽

Vol 3 (1) ◽

pp. 233-247

Author(s):

Jefry Naldi ◽

Halmawati Halmawati

Keyword(s):

Data Analysis ◽

Internal Audit ◽

Primary Data ◽

Private Companies ◽

Internal Auditors ◽

Analysis Technique ◽

Data Source ◽

The City ◽

Positive Effect

This study aims to determine the extent of: The influence of competence, independence, and auditor motivation on the quality of internal audit at BUMS and BUMN in Padang City. The population in this study are private companies and state-owned companies in the city of Padang which have several internal auditors in the company. The sample in this study were all internal auditors in private companies and state-owned companies in the city of Padang. The data source is primary data. The technique of studying data with a questionnaire. The data analysis technique is multiple linear regression. The results showed that: (1) Competence has a positive effect on the quality of internal audit, where the coefficient β of competence is positive at 0.092 and the t value is 1.791 with a significance value of 0.048> 0.05. (2) Independence has no significant effect on the quality of internal audit, where the independence β coefficient is negative at 0.007 and the t value is -0.135 with a significance value of 0.893> 0.05. (3) Auditor motivation has no effect on the quality of internal audit, where the coefficient β of motivation is negative at 0.058 and the t value - 0.761 with a significance value of 0.449> 0.05.

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Effect of self-efficacy, competence and compensation in performance of financial manager on motivation as moderation

International Research Journal of Management IT and Social Sciences ◽

10.21744/irjmis.v6n3.635 ◽

2019 ◽

Vol 6 (3) ◽

pp. 83-93 ◽

Cited By ~ 1

Author(s):

Kadek Dwiyani Ciptana Putri ◽

Maria Mediatrix Ratna Sari ◽

I Wayan Ramantha ◽

I Gusti Ayu Nyoman Budiasih

Keyword(s):

Regression Analysis ◽

Financial Management ◽

Self Efficacy ◽

Linear Regression Analysis ◽

Secondary Data ◽

Total Sample ◽

Multiple Linear Regression Analysis ◽

Primary Data ◽

Analysis Technique ◽

Positive Effect

This study aims to examine the effect of self-efficacy, competence, and compensation on the performance of financial management employees with motivation as moderating. The population in this study were all financial management employees at Udayana University in 2019. The study sample was determined by the nonprobability sampling method which obtained a total sample of 92 people. This study uses primary data and secondary data. The data analysis technique used in the study was multiple linear regression analysis and moderated regression analysis. The results showed that the variables of self-efficacy, competence, and compensation had a positive effect on the performance of financial management employees. Motivation does not moderate the effect of self-efficacy and competence on the performance of financial management employees. Motivation strengthens the effect of compensation on the performance of financial management employees.

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