Abstract:
ABSTRACT
The overarching aim of this study was to assess the effectiveness of internal
control systems in the Ablekuma-North Municipal Assembly and make
recommendations for areas where weaknesses exist. A sample of 30 respondents
was drawn using a stratified random sampling technique. The study employed
a descriptive and explanatory research design and a quantitative approach to
achieving its objectives. The results indicated that internal control systems have
been effective as far as the control environment is concerned, except that there
were a few concerns regarding ethical issues as most of the respondents
disagreed that ethical values are inculcated in all employees in the Assembly.
The result also revealed that issues regarding risk assessment, information and
communication, control activities bothering on effective separation of duties,
safeguard of assets and budgeting, as well as monitoring of internal controls
have all been adjudged effective as most of the respondents were in firm
agreement with the various indicators of these perspectives. In addition,
management has also demonstrated good fate as they help superintend the
internal controls in the municipality. The study further indicated that the role of
management has significantly impacted the effective implementation of good
internal controls. Therefore, it was recommended that the assembly conscientise
its staff to be ethically conscious in their dealings as this will enhance their
compliance with internal controls.
