The effects of internal control activities on organization performance a case study of roofings group limited located at Lubowa

Abstract

The purpose of the study was to establish the effects between internal control activities and organization performance. It was guided by three objectives such as to find out the effects of segregation of duties in performance of Roofing’s Group Limited. To find out the effects of approval and authorization on performance at Roofing’s Group Limited and identify the effects of security of assets on performance of Roofing’s Group Limited. The study used descriptive research design, collected data using a questionnaire and during the data collection, stratified sampling method was used. Both qualitative and quantitative were to analyze data as a sample of 80 respondents from a population of 100 were selected at Roofing’s Group Limited And used SPSS soft ware for analysis of data The study further more established that internal control activities carried out at Roofing’s Group Limited include segregation of duties like signing cheques, documents, receipts, verification, stamping and authorizing use of company assets, authorization and approval that involved signing contracts with suppliers from abroad, authorizing sale of company goods like iron sheets that involved activities like providing a mechanism to truck and safe guard assets. The study recommended also established that there is a relationship between internal control activities and performance of Roofing’s Group Limited through the roles it provides such as curbing fraud, reducing errors, enabling effective utilization of assets and reducing the level of collusion among employees to committee. The study advised Roofing’s Group Limited to adopt more of the internal control activities that were not mentioned in the research like reconciliations further areas of study like effect of budgetary control on performance and performance of Roofing’s group limited