Budget Plan and Internal Control in Selected Telecommunication Companies in Mogadishu, Somalia

ABSRACT The study was guided by the following research objectives, (I) objective was to determine the profile of the respondents in terms of age, gender, qualification, experience, and the positions in the telecommunication companies, (II) objective was to examine the extent of the budget plan in selected telecommunication companies, (III) objective was To determine the level of internal control of the telecommunication companies, and (IV) objective was to establish if there is significant relationship between the extent of the budget plan and the level of internal control of the telecommunication companies in Mogadishu, Somalia. The study was conducted through descriptive correlation research design, quantitative approach with questionnaire and includes 110 respondents from selected telecommunication companies in Mogadishu, Somalia. The study utilized the descriptive statistics frequencies and percentages, tables were used in the presentation of data. And also Pearson’s Product Moment Correlation Coefficient was applied to test correlation between budget plan and internal control. The researcher find out that the budget plan and internal control in selected telecommunication companies are significantly correlated and the relationship between them is strong relationship. Regarding the level of effectiveness of the budget plan and the degree of internal control, methods applied was some extent good as indicated th~ mean index and standard deviation. The researcher recommended that the telecommunication companies should establish effective channels of communication to ensure that all staff is fully aware of policies and procedures affecting their duties and responsibilities and that other relevant information is reaching the appropriate objectives of the company.

TABLE OF CONTENTS

Chapter page

One THE PROBLEMANDITSSCOPE 1

Background of the Study 1

Problem Statement 3

Purpose of the Study

Objectives of the Study :4

Research Questions 4

Hypothesis of the study 5

Scope of the study 5

Significance of the Study 6

Operational Definitions of Key Terms 7

TWO REVIEW OF RELATED LITERATURE 8

Concepts, Ideas, Opinions From Authors/Experts 8

Theoretical Perspectives 17

Related Studies 18

Three METHODOLOGIES 21

Research Design 21

Research Population 21

Sample Size 22

Sampling Procedure 23

Research Instrument 24

VII

Validity and Reliability of the Instrument 24

Data Gathering Procedures 25

Data Analysis 26

Ethical Considerations 27

Limitations of the Study 28

Four PRESENTATION, ANALYSIS AND INTERPRETATION 29

Profile 30

Description of the independent variable 33

Description of the dependent variable 40

Five FINDINGS, CONCLUSION, RECOMMENDATION 47

Findings 47

Conclusion 50

Recommendation 51

Reference 53

Appendices 55

Appendix I A-- Transmittal letter 56

Appendix lB -- Authorized letter 57

Appendix II - Clearance from Ethics Committee 58