Abstract:
Revenue Generation has received significant public and regulators attention in
the Metropolitan, Municipal and District Assemblies in Ghana and the internal
control has been identified as the most effective control mechanism that
provides support in the revenue collection, eliminating income and resource
loss, identifying and preventing fraud. This study was set to achieve three
objectives namely; to assess the effect of controls activities on revenue
collection, to examine the influence of control environment on revenue
collection and to analyse how information and communication affect revenue
collection in Kintampo Municipal Assembly. To achieve these objectives the
researcher employed quantitative approaches. Questionnaires were used on a
population of 63 respondents in gathering primary data for the study. The data
collected was analysed by the use of SPSS version 20. The statistical data
analysis tools used were; descriptive statistic, inferential statistic and test
statistics. The findings revealed that internal controls had a significant
influence on revenue collection in Kintampo Municipal Assembly. The study
therefore, concludes that internal controls do function although with hiccups
and that there is a significant effect between internal controls and revenue
collection in Kintampo Municipal Assembly. The study recommends that
major functional areas that are directly or indirectly related to revenue
mobilization in the Assembly should be covered with explicit policies that are
known by employees who will be affected by them. Management as a matter
of policy should redesign internal control system that aimed at ensuring
efficiency and effectiveness of operations, reliability of financial reporting and
compliance with applicable laws and regulations.
