Abstract:
ABSTRACT
The main purpose of this research was to examine the effect of financial
controls on cash management in the Yunyoo-Nasuan District Assembly. The
study specifically examined the financial control activities and cash
management practices and assessed the effect of control activities on cash
management. An explanatory research design research and a quantitative
research approach were employed in undertaking the study. The population
was the total number of staff (100) at Yunyoo-Nasuan District Assembly out
of which a sample of eighty (80) staff were selected using the simple random
sampling technique. A self-administered questionnaire was used in soliciting
the views of the staff on the stated objectives of the study. The analyses were
done using SPSS version 25 and presented using descriptive and multiple
regression. The study found that the Yunyoo-Nasuan District Assembly has
effective financial controls and this led to efficient cash management
practices. Finally, the study discovered that changes in financial controls
accounted for a substantial positive variance in cash management. The study
therefore recommended that the District Assembly maintain the right calibre
of personnel, keep effective and improved financial controls and also monitor
all issues that affect financial controls as that has the tendency of affecting
cash management.
