Internal Control Systems of Public Institutions in Ablekuma-north Municipality

Abstract

ABSTRACT The overarching aim of this study was to assess the effectiveness of internal control systems in the Ablekuma-North Municipal Assembly and make recommendations for areas where weaknesses exist. A sample of 30 respondents was drawn using a stratified random sampling technique. The study employed a descriptive and explanatory research design and a quantitative approach to achieving its objectives. The results indicated that internal control systems have been effective as far as the control environment is concerned, except that there were a few concerns regarding ethical issues as most of the respondents disagreed that ethical values are inculcated in all employees in the Assembly. The result also revealed that issues regarding risk assessment, information and communication, control activities bothering on effective separation of duties, safeguard of assets and budgeting, as well as monitoring of internal controls have all been adjudged effective as most of the respondents were in firm agreement with the various indicators of these perspectives. In addition, management has also demonstrated good fate as they help superintend the internal controls in the municipality. The study further indicated that the role of management has significantly impacted the effective implementation of good internal controls. Therefore, it was recommended that the assembly conscientise its staff to be ethically conscious in their dealings as this will enhance their compliance with internal controls.