The impact of internal control in curbing misuse Of resources in public sectors: A case study of Dar Es Salaam region
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Mzumbe University
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A Dissertation Submitted in Partial of the Requirements for the Degree of Master
of Science in Accounting and Finance of Mzumbe University
This study was conducted on impacts of internal control in curbing misuse of resources in public sector in Dar es Salaam Region. In general the paper uses an exploratory research design. Primary data were collected by using questionnaire and secondary data were collected from the documents received from respondents in respective organization. The questionnaire was given to both auditors and accountant who are found at different level. After coding the collected data for analyzing purpose; the researcher found that some of the organizations internal controls are strong enough so that the possibility of misuse of resources which was expected to happen is very low as compared to those public enterprises which are characterized by weak internal control. In general the reasons which plays a greater role in motivating and pushing peoples to misuse public resources includes personal finance losses, living beyond once means, lack of internal controls that prevent or detect fraud, ignorance and incapacity, and lack of an audit trial. Finally respondents agree that even if internal control is the best weapon to overcome misuse of resources related problems; it has to be supplemented by other issues like setting a code of conduct, training employees and consult about the ethical issues.
This study was conducted on impacts of internal control in curbing misuse of resources in public sector in Dar es Salaam Region. In general the paper uses an exploratory research design. Primary data were collected by using questionnaire and secondary data were collected from the documents received from respondents in respective organization. The questionnaire was given to both auditors and accountant who are found at different level. After coding the collected data for analyzing purpose; the researcher found that some of the organizations internal controls are strong enough so that the possibility of misuse of resources which was expected to happen is very low as compared to those public enterprises which are characterized by weak internal control. In general the reasons which plays a greater role in motivating and pushing peoples to misuse public resources includes personal finance losses, living beyond once means, lack of internal controls that prevent or detect fraud, ignorance and incapacity, and lack of an audit trial. Finally respondents agree that even if internal control is the best weapon to overcome misuse of resources related problems; it has to be supplemented by other issues like setting a code of conduct, training employees and consult about the ethical issues.
Keywords
curbing misuse Of resource