An Evaluation of the Internal Processes and Measures for Internally Generated Funds (Igf) in MMDAS, A Case of Adansi South District Assembly in the Ashanti Region, Ghana

Abstract

Effective financial management within local governments plays a pivotal role in fostering sustainable development and accountable governance. This study delves into the intricate landscape of Internally Generated Funds (IGF) management within the Adansi South District Assembly, unveiling the structures of internal control processes, their impacts on performance delivery, and recommendations for enhancement. Through a mixed-methods approach, data was gathered from diverse participants representing various echelons of authority and responsibility within the District Assembly. The findings illuminate a district where well-defined procedures for IGF collection, effective mechanisms for monitoring and tracking, and systems ensuring financial record accuracy are present. These practices underscore the District Assembly's commitment to accountable financial governance. The study also highlights the significant impact of internal control processes on efficient IGF utilization for development projects, enhancing transparency and accountability. Participants' recommendations for improvement encompass training and capacity building, strengthening monitoring and evaluation mechanisms, and embracing technological solutions. Bridging theory and practice, these recommendations provide a strategic roadmap for enhancing financial governance and promoting sustainable development. While the study contributes valuable insights, limitations are acknowledged, and future directions are suggested for comprehensive research in local government financial management. This study serves as a guidepost for the Adansi South District Assembly and other local governments, fostering effective financial practices that contribute to community upliftment and progress.