Internal Audit Function And Financial Performance Of District In Local Governments In Uganda: A Case Study Of Busia District Local Goyernment

ABSTRACT

The overall aim of study was to examine the role of internal audit function on financial

performance of district in local government in Uganda a case study of Busia district local

government. The study was guided by the three objectives; to find out the role of internal

audit on financial performance, to ·examine the role of internal on non-financial performance

of local government and to assess the role of internal Audit on managerial perfo1mance of

public enterprises in Uganda at Busia district local government. Data was collected using

questionnaire and interview guide and purposive sampling was used. Both qualitative and

quantitative were used to analysis data; sample size of 45 respondents was used.

The study identified the role of internal audit on financial performance of local government in

Uganda as; reduces risk of losing funds thus increase on profit, demonstrates accotmtability

in use of public money, and improves organization performance and others. As regards to the

role of internal audit on non-financial perfonnance these included, helps managers in public

sector to meet their responsibilities and better. strategies to improve management. Examined

the role of internal audit on managerial perfonnance. The findings on this objective are as

follows. Improvement in the process of stakeholder engagement, confo1mance with reporting

requirement and helps management of the O.. !ganization in its present and futme growth

respectively

The study came up with recommendations such as; There is need for allowing further training

for the staff in the accounts sections and close supervision of the audit department on the

activities of accounts and finance through regular audits and checkup, There is need for

improvement in the procurement process and emphasis and there is need to emphasize the

budgetary control measures to enable proper financial reporting of local government in Uganda at Busia District Local government.