| dc.description.abstract | Study was based on the impact of internal control systems on performance financial institutions case
study of Nile Commercial Bank Juba South Sudan. The study was guided by the following objectives:
To examine how financial records can lead to the performance of financial institutions, To examine
how Nile Commercial Bank can ensure effective and efficient payments for proper performance of
financial institutions and To ascertain the extent to which fraud and errors can be prevented or
detected early on the performance of financial institutions. Questionnaire, and interview were used to
collect data of 52 respondents, questionnaire were distributed to the respondents in Nile Commercial
Bank in different departments such as Finance and accounting department, Human resource
department, Procurement department, Administrator, auditors, line managers, risk managers and
tellers. Data was analysed using frequency tables, Pie charts computer programs such as SPSS 16.0,
Microsoft excel, Microsoft word and Epidata 3.0 software. The study found out that effective and
efficient payment were not properly followed by Nile Commercial Bank this is in line with the
findings which shows some respondents agreed, other were neutral and other strongly disagreed.
Financial record were not minutely followed by the auditors which lead to disagreement of some
respondents and fraud and errors in Nile Commercial Bank were seen as the majority obstacle to the
achievement of the objectives with majority of the respondent agreeing that there fraud and errors in
the Bank. The relationship between financial records and performance of financial institutions
indicated a 0.211 which is a very weak positive relationship. The weak relationship attributed to the
insecurity to the Bank and management, and also the relationship between effective and efficient
payment and the performance of financial institutions have a very strong positive correlation 0.86 and
this implies that the payment procedures were effective and efficient.
It is therefore recommended that the implementation of internal control system be reviewed especially
in the area financial records and fraud and errors. | en_US |
