Influence of Audit Committee on Performance of Not For- Profit Organizations (Npos) in Tanzania
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SAUT
Abstract
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This study sought to examine the influence of Audit Committee on enhancing performance in
Not- for- Profit Organizations, in Tanzania: case of Kolping Society Bukoba District Kagera
Region. The study had three objectives: to assess the core competences of the Audit
Committee in place at Kolping Society, to assess the mode of the committee’s execution of
its duties and to assess the stakeholders’ satisfaction of the committee’s reporting and reports.
The research adopted a case study design and interviewed 10 employees at the Kolping
Society headquarters in Bukoba Municipal. Data was analyzed through the use of content
analysis techniques. The findings revealed that Audit Committees play a vital role in the
reflection of ongoing work in any organization, thus greatly checking on performance of all
the variables examined, Information Communication Technology had the greatest influence
in enhancing the performance of Kolping Society. An Audit Committee with free and
exclusive authority to handle, maintain, control, monitor and evaluate the organization’s
financial transactions as well as the internal control system results to good performance.Thus
the study recommended separation of duties between Management and Audit Committee for
better control of organization`s financial affairs.
Keywords
Audit Committee