The Effects Of Internal Control System On Organisation's Cash Flow Management

ABSTRACT

This Study was about the Effects of Internal Control System on Organization's Cash Flow Management a case ofKilifi Teacher's Co-operative Society. The main Objective of the study was to establish the Relationship between Internal Control System on Organizational Cash Flow Management in KITECO. Chapter One of the Study established the background of the study, the statement of the problem, the Purpose of the study which was to establish the Relationship between Internal Control System and Organizational Cash flow Management in KITECO, and the Research objectives were to; Establish the Relationship between internal Control System and organizational Cash flow management in KITECO, to examine the roles played by internal Control System on the Performance of KITECO and to determine the components and types of internal Control Systems in KITECO. The Research Objectives were used to formulate were used to formulate Research Questions. The Scope of the study was limited to Kilifi Teacher's Co-operative Society in Kilifi District and its significance was to create a system oflnternal Control Structure in KITECO which is a primary concern for organizations seeking to improve their operations, give an insight on the importance of Internal Controls in playing an Integral pmi in organizational efficiency and to help other researcher's in the field in the field of study to have a deeper understanding on the nature and importance of internal Controls in Organizations. Chapter Two deals with Literature Review of!CS, theoretical Framework and literature related to the study discussed in depth. Chapter Three dealt with the type of Research Methodology used, the Research Design employed during the Study which was qualitative and quantitative, the research population which was I 00 employees and the sample size of 50 employees selected randomly. The Data Source used was both primary and secondary collected through V Interviews and Questionnaires. The limitations experienced being language barrier, unwillingness to give out information and lack of enough literature related to the study. Chapter Four Dealt with analysis and presentation of Data which was collected during the study. This included the Bio Data of the respondents and the other results in relation to the study objectives. The results were presented in fonn of Tables. Bar Graphs and PieCharts. Chapter Five was the last Chapter showing the Summary of findings, conclusions and Recommendations. The findings of the study were based on the research Objectives and the recommendations were made in relation to that specific Study.