Financial Management of the District Assemblies: A Case Study of Birim South District Assembly of the Eastern Region of Ghana

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This research aims at assessing the how efficient and effective do District Assemblies manage their finances in the course of working at their set goals and objectives. The research question assess the Assemblies adherence to the guiding principles and laws governing their operations, application of their internal control system and the Assemblies’ position as far as financial management is concern. The literature review, apart from summarizing the modern approaches to theories, identifying the principles of financial management, the reforms adopted in the public sector, shows that these research questions are also important in assessing the Assembly’s position in financial management Data was triangulated from three sources: questionnaires, one-to-one interviews and a past conducted survey on financial management in local governance. The findings from these data showed that Assemblies are not managing the finances effectively and efficiently. They are not doing things according to the prescribed guidelines, laws and procedures governing their operations. And finally, it was concluded that the central government and the Assemblies should insist on the reforms at the Assemblies adherence to the laid down procedures Based on these findings, this study concludes that there is inefficiency and ineffectiveness in the financial management at the District Assemblies. This study closes with the identification of its limitations and some suggestions for further research in this area.
A thesis submitted to the School of Business, Kwame Nkrumah University of Science and Technology. College of Arts and Social Sciences, in partial fulfilment of the requirement for the Degree of Masters of Business Administration (Accounting Option)