Revenue Leakages, Prevention and Internal Controls in Ho Municipal Assembly

Abstract

ABSTRACT The objective of this study was to identify channels of revenue mobilisation leakages and also evaluate internal controls and prevention mechanisms implemented by the Ho Municipal Assembly. The study utilised purposive sampling methods to choose the right respondents for information assortment. A survey questionnaire was utilized to evoke essential information. A sample of 50 respondents was chosen for the survey. Information accumulated was exposed to elucidating examination utilizing SPSS. The investigation discovered; income gatherers take food things like fish, sweet potato and different things in lieu of cash from rate payers. Findings likewise uncovered that, the utilization of phony General Counterfoil Receipt (GCR) by income authorities in Ho Municipal Assembly was overwhelming. Carbon shifting and under charging of bills by revenue collectors were also found as channels of revenue leakage in Ho Municipal Assembly. Again, the study found that Ho Municipal Assembly loses monies due to poor financial or payment records by revenue collectors. Others findings include; non-enforcement by-laws, lack of social accountability, inadequate public education and weak implementation of internal controls as the cause of poor revenue performance in Ho Municipal Assembly. In view of discoveries, the review suggested, implementation of social responsibility by obligation conveyors of Ho Municipal Assembly and likewise other neighbourhood specialists, policymakers ought to plan and carry out approaches which give sufficient discipline to Assemblies that neglect to record to its constituents, Ho Municipal Assembly ought to arraign degenerate income authorities to act as a hindrance to other people who mean to enjoy the demonstration.