An Assessment Of The Effectiveness Of Internal Control Systems At Oyoko Methodist Senior High School
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Date
2021-02
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Abstract
This Study Analyses The Assessment Of The Effectiveness Of Internal Control Systems At Oyoko Methodist Senior High School In The New Juaben Municipality In The Eastern Region Of Ghana. Five Research Questions Were Raised To Facilitate Theoretical Conclusion Using The Descriptive Survey Method. The Principal Object Of This Analysis Was To Test The Efficacy Of The Internal Control Systems At Oyoko Methodist Senior High School. Specifically, The Study Was Designed To Find Out; How Effective The Existing Risk Assessment Procedures Are, In Oyoko Methodist Senior High School? Whether There Are Established Control Environments In The Oyoko Methodist Senior High School? How Adequate Are The Established Control Activities Required To Prevent And Detect Errors And Inappropriate Actions In Oyoko Methodist Senior High School? Whether The Information On Control Activity And Control Environment Are Timely And Effectively Communicated To The Staff Of Oyoko Methodist Senior High School? How Effective And Efficient The Monitoring Procedures Over The Internal Control Systems Are In Oyoko Methodist Senior High School? This Study Employed A Qualitative Approach To Gather Relevant Data From The Respondents Through The Use Of Interviews And Focus Group Discussions. A Purposive Sampling Method Was Adopted To Select A Sample Size Of 12 Based On Their Relevant Knowledge And Involvement In Internal Control Activities In The Institution. Data Were Analyzed By Transcription Of Information Basing On The Research Used In Data Collection On The Field. The Study Established That The Internal Control Systems Had A Great Influence On The Performance Of Any Institution That Aspires For Greatness. The Study Further Concluded That Certain Factors Such As Poor Monitoring And Control Of The Internal Activities Of The School Had Led To The Poor Performance Of The Internal Control Systems Of The School.
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This Work Would Not Have Been Possible If It Were Not The Tireless Effort, Guidance And Support I Received From My Supervisor Dr. Samuel Antwi. I Am Very Grateful To You Dr. I Also Thank The Entire Staff Of Oyoko Methodist Senior High School For The Support And Cooperation Offered Me During My Research Work. Finally, I Am Grateful To Samuel Marfo For His Support And Encouragement. God Bless You All.