IMPACT OF INTERNAL CONTROLS ON CASH FLOW MANAGEMENT IN AN ORGANISATIONCASE STUDY: PRIDE MICROFINANCE LTD.

ABSTRACT

lntcmal controls arc an important aspect of an entity as it ensures effective management

and eventual achievement of an organization's goals. Internal controls on cash are

instrumental in ensuring that a Hnn 's cash foflows and outflows arc wcl I managed and

that the firm ;s overall finances arc satisfactory

The study impacts of internal controls on cash flow management in an organization were

undertaken at Pride Microfinancc f ,imitcd, located on Metropole f rouse Plot 8-10

Enkhhc Road Kampala.

The study was guided by the following objectives

I . To find out the existence of an internal control system on cash management in

Pride Microfinance Limited

2. To lnvcstigate the effectiveness of the internal control methods on cash

management in Pride microfinance

3. To suggest recommcndatfons on the improvement of internal control on cash

management

To achieve the study objectives, the researcher collected data from both primary and

secondary sources. This data was obta1ncd from accounting manuals, records and annual

reports and also by the use of questiom1aires, interviews, and observation of the activities

and trend of events in the eon,pany. Thirty five respondents were selected from the

company as a representative sample.

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