Effectiveness of internal control systems at Teach For Uganda
Abstract
The purpose of the study was to analyze the effectiveness of internal control systems at Teach For Uganda. The study was guided by the following specific objectives: to find out the effectiveness of Internal Controls in ensuring operational efficiency at Teach For Uganda, to find out the effectiveness of Internal Controls in safeguarding assets at Teach For Uganda and to find out the effectiveness of Internal Controls in ensuring reliable reporting at Teach For Uganda.
The study adopted a cross-sectional evaluative survey design to determine the effectiveness of internal controls at Teach For Uganda. The unit of analysis was Teach For Uganda, and the units of inquiry were staff at Teach For Uganda.
The study established that the internal control systems at Teach For Uganda are ineffective, as there are no controls in place to ensure operational efficiency, safeguard assets, and ensure reliable reporting.
The study recommended that Teach For Uganda should do regular process reviews, cost-benefit analysis, and support innovation to ensure operational efficiency. The study also recommended that the management of Teach For Uganda should ensure an approved asset management policy is in place, assets are stored in a secure area to ensure they're safe. Finally, the study recommended that management should ensure that reporting tools are in place and that all staff are trained to perform their reporting responsibilities for Teach For Uganda to have reliable reports.