Bachelor of Science in Accounting and Finance

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Accounting Information System and Financial Reporting in NGOs
(Uganda Christian University, 2023-09-07) Jacinta Aidah Nalujja
The study sought to find out the relationship between accounting information system and financial reporting of NGO’s in Nakasongola; a case study of Katugo Childrens Home NGO. The study specifically looked at the efficiency of financial reporting in katugo Children’s Home, impact of the AIS on the financial reporting of Katugo Children’s Home NGO and the Challenges faced by the NGO in using the AIS system and their effect on financial reporting. A cross-sectional study design for quantitative and qualitative analysis was used on 44 respondents that brought back the questionnaires. Data was collected by use of a self-administered questionnaire, and interview guide. Quantitative data was analyzed at uni-variate level basing on the mean and frequencies, percentages, bi variate level using correlation coefficient with the help of Statistical Package for Social Sciences 17.0 (SPSS). Qualitative data were analyzed by content analysis by composing explanations and substantiating them using the respondents’ open responses. The researcher found out that accounting information system provides information financial performance measuring ratios, provides useful information about the performance of debt in the capital structure that the general manager must try to influence in order to improve and manage the overall organizational performance. The researcher further found out that AIS provides information about assets in an organization which helps to do investment planning within pride microfinance limited. The study also recognized that accounting information system enables the users to make informed judgments. Since every decision involves several alternatives, it assists the user to decide his course of action. Accounting is a process which with the help of accounting records produces financial statements. It also helps management in their important duties of planning, organizing, leading, supervising, controlling and decision making. The researcher concluded that AIS affects the overall financial reporting in Katugo Childrens Home Nakasongola where it highly influences decisions made, the nature of communication and efficiency in performance at the financial institution. In other words a lot of sensitization needs to be done to the users and all stakeholders for it to be successful at Katugo Childrens Home.
An Exploratory Study About the Role of Financial Reporting in Agribusiness: A Case Study of Busoga Farmers’ Resource Centre
(Uganda Christian University, 2023-10-04) Hope Musasizi
The purpose of this study was to assess the role of financial reporting in the advancement of agribusiness in Uganda, with a particular emphasis on the Busoga Farmers' Resource Centre. The research involved a comprehensive approach that included survey questionnaires and observations. The analysis revealed that the farm does not adhere to accounting standards and lacks knowledge of financial reporting practices. The financial statements are absent, and all decisions are made by a single individual. The farm's funding sources consist of donations and personal investments of the CEO, and the organization has no experience in securing loans. Nevertheless, the CEO recognizes the potential investment opportunities in agribusiness and has recently made some investments. Based on the results, it is recommended that the farm hires a professional accountant and establish a system for regular financial reporting. By doing so, Busoga Farmers' Resource Centre can improve its financial management and increase its potential for growth and development. Additionally, the concerned parties should take steps to raise awareness among farmers about the importance of financial reporting because it was discovered that most agribusinesses do not engage in agribusiness financial reporting (the farm is a training Centre).
Analysis of Saving Habits Among Students: A Case Study of Uganda Christian University
(Uganda Christian University, 2023-09-11) Divine Bagoso Nabini
This study examines the saving habits of students at Uganda Christian University (UCU) to gain insights into their financial behaviors and attitudes towards saving. The research employs a mixed-methods approach, combining surveys and interviews to collect data from a representative sample of UCU students. The study investigates factors influencing students' saving behavior, their financial goals, and the impact of financial education on their saving habits. The findings reveal that a significant proportion of UCU students have limited savings, with most citing income constraints as the primary barrier to saving. Additionally, the study identifies a positive correlation between financial education and improved saving habits among students. Factors such as parental influence, peer pressure, and financial literacy are shown to play pivotal roles in shaping the saving behavior of students. The research concludes by emphasizing the importance of financial education programs tailored to the specific needs of students at UCU. It also suggests strategies to enhance saving habits among students, such as promoting financial literacy initiatives, creating a culture of saving, and providing access to financial resources that cater to the unique financial challenges faced by students. Ultimately, this study contributes to the understanding of saving habits among university students in Uganda, offering valuable insights for educators, policymakers, and financial institutions aiming to support young adults in building healthy financial futures.
Analysis of The Benefits of Health Insurance Coverage: A Case Study of Uganda Christian University
(Uganda Christian University, 2023-09) Griffin Eddy Arinaitwe
This research delved into the landscape of health insurance coverage within the university context, with Uganda Christian University in Mukono District, Uganda, as the focal point. With national health insurance coverage limited, this study examined the benefits of health insurance coverage for UCU students and staff. By examining coverage levels, healthcare utilization patterns, financial implications, and health outcomes, the research yielded comprehensive insights into the dynamic impact of health insurance coverage within a university setting. The study framed the challenges associated with not having insurance, highlighted objectives, and introduced the research approach. This approach underscored the urgency of investigating health insurance coverage at UCU, where limited coverage hinged on individual initiatives and private arrangements. The study delivered a deep dive into the findings, aligned with research objectives and found out that the biggest challenge to individuals not signing up for health insurance cover was the financial implications that come with it. This therefore necessitated that family insurance that is usually given to the children whereby if they reached a certain age less susceptible to health complications, the health insurance cover is then removed and given to a younger sibling. With all these findings, the study therefore had the proper knowledge and evidence to base on as it sort to analyze the benefits of health insurance coverage.
Analyzing the Effects of Internet Banking on the Efficiency of Commercial Banks in Uganda.
(Uganda Christian University, 2023-09-18) Charity .A. Bongomin
The banking industry has been largely influenced by technological advancements just like the other aspects of life. With the emergence of e-banking, bank operations have been significantly redefined and transformed. Technology is viewed as one of if not the major driving force in the performance success of firms. All banks irrespective of whether local or foreign are heavily investing on the different emerging technologies so as to assure that their customers are satisfied with their services. This study sought to analyze the effects of internet banking on the efficiency of commercial banks in Uganda, using Stanbic bank as the case study. Internet banking in the study being the independent variable and bank efficiency being the dependent variable. The study was guided by different objectives and these were, examini9ng the types of e-banking services provided by Stanbic bank, evaluating the effectiveness of internet banking methods employed by Stanbic bank, establishing the possible challenges of internet banking in Stanbic bank and establishing how the efficiency of commercial banks has been influenced by internet banking. The study was carried out using a cross-sectional research design that was descriptive. Both qualitative and quantitative methods were used as main methods and under qualitative the responses were derived from the respondents. Bank efficiency in this case was measured through the reliability of the bank, its response to its customers, and the level of customer satisfaction as well. The results revealed that there is a good standing relationship between the two variables, internet banking being the independent variable and efficiency being the dependent. According to the measures used to measure the banks efficiency, the reliability levels the customers have on the banks is good, just as the timely responses delivered to the customers in case of any concern or inquiry and all these are done on time. The satisfaction of the customers towards everything is also good. The study disclosed that the efficiency levels of the bank are good and also there is a relatively strong relationship between internet banking and bank efficiency. The study recommends that more multiple measures should be put in place to enhance internet banking among commercial banks which will lead to the improvement of efficiency. It also recommends that internet banking should be invested in and the government through favorable policies should generate and create a conducive environment for commercial banks to operate seeing as their growth will encourage and lead to economic growth of the country.
Assessing the Interplay Between Liquidity Levels and Financial Performance of Businesses. “A Case Study of Abayita Ababiri, Entebbe Town Council”
(Uganda Christian University, 2024-09-02) Huzaifah Lwanga
The schoolwork pursues to determine the stimulus of liquidity administration on the viability and evolution of minor and medium-sized organisations in Uganda. The schoolwork's definite objectives remained to scrutinize the grade of liquidity supervision, productivity, and SME progress in designated expanses of Uganda. Entebbe's pecuniary chronicle commenced throughout the colonist epoch, when it obliged as the directorial pivot of British people in Uganda. Before, sparkling marketplaces, bazaars and vigorous occupation courses arranged the underpinning for a blossoming economy. Nevertheless, the civic underwent its reasonable segment of encounters, predominantly throughout the hot-blooded yonks subsequently after Uganda's unconventionality in 1962. Dogmatic mayhem and pecuniary ambiguity pitched a shroud over originalities, assembling liquidity a valuable article of trade as assurance diminished and bazaars malformed. Throughout these tempestuous epochs, Entebbe initiatives required to revolutionize and acclimatize rapidly in order to subsist. The anecdote of Momma Sarah's drapery workshop is a poignant specimen. Once civic mayhem interrupted source appearances and consumers became anxious, Mommy Sarah long-drawn-out her merchandise charities and moulded alliances with home-grown artisans, so long as a unswerving rivulet of proceeds unfluctuating in the furthermost problematic aeras. The 1980s foreshadowed a newfangled stage of development of pecuniary alteration, pigeon-holed by souq liberalization and the launch of a supplementary self-motivated saleable scenery. Entebbe's premeditated position as the realm's prime intercontinental aerodrome has made it a crucial thespian in Uganda's pecuniary renaissance. The inundation of day-trippers and nominees enhanced the home-grown economy, snowballing petition for harvests and amenities. By way of the new span arrived, Entebbe endured a high-tech uprising that transformed the means industries functioned. The starter of cyberspace finance and portable currency transformed the pecuniary milieu, permitting industries consummate entree to principal and liquidity. Corporations such as Juma's Microchip technology advanced from these progresses, using cyberspace podia to influence newfangled sooqs and rally money movement supervision. viii Contempt these happenings, Entebbe's pathway to pecuniary permanency has remained manifest by impediments. The international monetarist predicament of 2008 triggered shock-waves through the metropolis's economy, divulging faults in liquidity supervision procedures. Industries who had overstretched themselves confronted the punitive authenticity of impoverishment, whereas those with vigilant money investments windswept the gale. Entebbe's unconquerable essence endured the whole shebang. Nowadays, the city is a acknowledgement to the achievement of ingenuity and obstinacy in the aspect of destitution. From the pressurised marketplaces of the ancient to the hi-tech shopfronts of these days, the back-and-forth of liquidity and pecuniary permanency deceits at the sentiment of every single corporate pronouncement completed in Entebbe.
Compliance Costs, Access to Finance and Financial Performance of Dairy Farming in Uganda
(Uganda Christian University, 2023-09-15) Nicholas Akampurira
The intention of the study was toidentifythe compliance costs, access to finance and financial performance in dairy farming Gomba district as the case study. And this study was done under the three objectives,to determine the level of financial performance of dairy farmers dairy in Gomba District, the relationship between compliance cost and financial performance of dairy farmers, the relationship between access to finance and financial performance of dairy farming in Uganda. Collection data of was conducted through the use of a questionnaire and interview guide, and during data collection purposive sampling method was followed, the researcher used both qualitative and quantitative methods were used to analyze and interplete data as a sample size of 49 respondents was used. In the recamp of the study, the following were identified, Since access to finance is not the main determinant of improved financial performance, the study suggests that farmers and dairy managers to always make rational decisions and proper planning in order for available finances to yield more returns. Encouraged to spot milk breeds of cattle forexample fresians and jessy cows, which produce large volumes of milk hence more milk produced in all seasons generate more income for dairy farming hence improving in financial performance of dairy sector. The study advises farmers to have loans from trusted financial institutions at low interest rates for financing their dairy sectors in order to meet their obligations in time hence being cost effective to dairy farmers. Farmers are encouraged to enhance their milk standards as they also maximize milk production, encourages farmers to adopt commercial dairy farming, encourages farmers to adopt capital and labour intensive techniques of production, encourages farmers always to keep records of their dairy farms, dairy farmers and processors should have a strong track record, working to be economically viable while improving the health of the environment, workforce and the broader community and also suggested other areas of research.
Computerized Accounting and Quality of Financial Reporting : A Case Study of Finca Uganda, Kireka Branch
(Uganda Christian University, 2023-09-20) George Senoga
This study was based on computerized accounting and Financial Reporting at FINCA Uganda Kireka. The objectives of the study were to determine the different forms of computerized accounting systems used at FINCA, the challenges faced in applying these systems as well as the relationship between computerized accounting information systems and financial reporting. A review of related literature to the study was conducted across all the three objectives and several gaps were realized. The researcher used both qualitative research method and a cross sectional research designs with a sample of 68 respondents, both primary and secondary data were used and the data collection methods were questionnaires, observation interviews and investigative procedures. The study revealed that computerized accounting systems used at FINCA Uganda include spreadsheets, commercial accounting software, enterprise accounting software, custom software and tailored accounting software. The study revealed that computerized accounting has greatly improved the financial performance of FINCA Uganda Kireka branch. The study also investigated and found that relationship between computerized accounting systems and financial reporting is positive in that computerized accounting breeds cost saving in financial reporting, enables businesses to stay organized, automates financial reporting, promotes efficiency in financial reporting, draws clear reporting lines in businesses and also breeds efficiency in decision making. The study also came up with recommendations to policy makers and financial institutions and also recommended further studies on the effect of computerized accounting on the quality of financial reporting.
Computerized Accounting Systems and Financial Performance of Commercial Banks. A Case of Equity Bank Mukono Branch
(Uganda Christian University, 2024-09-04) Comfort Muhimbise
As the intensity of computer use in commercial institutions greatly improved over the years, this has helped them to improve on their overall financial positions by promoting transparency, accountability and efficiency through faster capturing, processing and communication in information. However, despite the high levels of computerization in place, banks are still unable to deliver real time services to customers which result from high costs of employee training and programming procedures and installation of computer systems. The purpose of the study was to examine the effects of computerized accounting systems on the financial performance of commercial banks in Uganda. The study objectives were to identify the computerized accounting systems used by Equity bank Mukono Branch , to examine the effect of computerized accounting systems on the financial performance of Equity bank as well as to establish the relationship between computerized accounting systems and the financial performance of Equity bank. The study used a cross-sectional research design which was often used in assessing respondents' views towards the effects of computerized accounting systems on financial performance of commercial banks. The case study was Equity bank. The study results revealed that in spite of the costs and system failures, computerization of accounting systems has a positive significance on the performance of Equity bank. These positive impacts include reliability and regularity of reports produced quality information and improved service delivery. Findings further revealed that computerized accounting systems lead to a considerable change in reduction of errors hence attaining accuracy, increased business capacity and improved efficiency in terms of service delivery. The researcher recommends that accounting systems should be more implementation and use of computerized accounting systems to a greater extent and there should be proper training of bank staff on modern basic skills in computers and management principles.
Computerized Accounting Systems and Operational Performance of Small and Medium Enterprise in Kawempe Division
(Uganda Christian University, 2023-10-03) Rose Mary Naggitta
The primary focus of the study was to investigate the impact of computerized accounting systems on the operational performance of small and medium-sized enterprises (SMEs) in Kawempe Division, Uganda. A survey was conducted on 144SMEs, out of the 240 SMEs established within the study area. The research used correlation analysis to examine the relationship between the different variables. There was a statistically significant relationship between use of accounting systems and the operational performance. This implies that SMEs that employed computerized accounting systems tended to perform better in their operations. System quality too, was found to have a statistically positive effect on operational performance. This indicates that having a well-designed and functioning accounting system can enhance the overall performance of SMEs. Furthermore, information quality also had a statistically significant effect on operational performance. This implies that the accuracy, relevance, and timeliness of accounting information are crucial for SMEs in achieving better operation performance. Network risks were however, found to have a statistically negative effect on the operational performance. This suggests that issues related to network security and reliability can hinder SMEs’ operational performance. It can be concluded that accounting systems play a crucial role in providing quality information in a timely manner. This, in turn, helps all levels of management make informed decisions, plan effectively, and enhance control, ultimately improving the performance of an enterprise. It is recommended that SMEs invest in well designed and functional accounting systems to manage their information effectively. Future research should consider introduction of moderate variables for better understanding of the effects of various factors on the relationship between accounting systems and operational performance. Lastly, longitudinal studies, conducted over an extended period of time could provide deeper insights into the relationship between accounting systems and SME performance, allowing for analysis of trends and changes.
Corporate Governance and Financial Performance of Firms Listed on the Uganda Securities Exchange
(Uganda Christian University, 2023-08-30) Brandon Turyahikayo
This research delves into the relationship between corporate governance and the financial performance of firms listed on the Uganda Securities Exchange. The study recognizes the growing significance of corporate governance in contemporary organizations and its impact on overall financial outcomes. With a focus on the public sector, the research aims to comprehend the multifaceted dimensions of financial performance assessment and its correlation with corporate governance mechanisms. The research is prompted by the observation that corporate governance issues have been primarily investigated in specific sectors, such as banking, leaving other industries, notably brewing, with insufficient attention. Despite a legislative framework in East Africa, corporate governance challenges persist, leading to scandals and unethical behavior among directors, thereby posing threats to stakeholders' interests. Moreover, recent failures of companies like insurance and banking institutions have exposed weaknesses in corporate governance practices. The overarching objective of the study is to explore the interplay between corporate governance practices and the financial performance of firms on the Uganda Securities Exchange. The study aims to answer specific research questions, such as the relationships between board size, board composition, accountability, and financial performance. By analyzing data from a variety of firms listed on the Uganda Securities Exchange, the research seeks to draw insights into how corporate governance practices impact the financial health and success of these entities. Through an in-depth analysis of the relationships between corporate governance and financial performance, this study aims to provide actionable insights that could aid firms in adopting better governance practices. Ultimately, the research contributes to the broader understanding of corporate governance's role in achieving sustainable financial success and can potentially guide decision-makers in formulating policies that foster responsible and effective corporate governance practices across various sectors.
Correlation of Audits and Corporation Tax Evaluation and Avoidance: A Case Study at Munatah and Company Consultants
(Uganda Christian University, 2024-08-28) Michael Lionel Waako
Munatah and company located in the heart of Jinja City plays a crucial role in the auditing and tax administration in almost the entire region . The topic Correlation of audits and corporation tax evaluation and avoidance basically gives light to the use of principles of auditing in tax administration so as to create a structure from which auditing is relevant to taxation . Auditing being a principle mostly used in performance of a business and rarely applied in other business aspects such as taxation so as to guide entities on how to overcome the burden of tax liability. Transparency and accountability , most principles of auditing provide accountability and transparency as their managers . This is to say application these are used in taxation to determine accuracies and proper computations . Timely assessments of these can yield into a good firm reputation Other aspects such as assessment of the internal controls enable the company determine ways of mitigating the tax liability and come up with proper ways in which taxes are computed and filed by the entity so as to create a proper image in the community
Cost Management Techniques and Financial Performance of an Organization: A Case Study of Stanbic Bank Mbale Branch
(Uganda Christian University, 2024-06-25) Hadijah Otin
This study investigated the Cost management techniques and financial performance of an organization in Mbale Town, focusing on the cost management and financial performance of Stanbic Bank Mbale branch. A cross-sectional research design was employed, to explore the relationship between working cost management and financial performance. The study targeted a population of 100 registered banks, with a sample size of 85 respondents selected through Salant & and Dillma, 1994 sample size table. Data was collected using questionnaires and analyzed using SPSS software. The findings reveal a strong consensus among respondents regarding the Effective cost management techniques which are pivotal to enhancing the financial performance of organizations, particularly within the banking sector. This study examines the relationship between cost management strategies and financial performance in a case study of a major bank. The research explores various cost management techniques, including activity-based costing, lean management, and budgeting controls, to determine their impact on the bank's profitability, operational efficiency, and overall financial health. Through a comprehensive analysis of financial statements, interviews with key management personnel, and a review of internal cost control documents, the study identifies the most effective practices that contribute to sustainable financial performance. The findings reveal a significant positive correlation between the implementation of robust cost management techniques and improved financial metrics such as return on assets (ROA), return on equity (ROE), and net profit margins. The study concludes with recommendations for banking institutions to adopt a strategic approach to cost management, emphasizing the integration of technology and continuous process improvement to achieve long-term financial stability and competitive advantage.
Credit Management Policy and Loan Repayment Performance in Saccos
(Uganda Christian University, 2023-09-27) Shilla Nimusiima
The study focused on the high levels of non-performing loans in SACCOS within Sheema District, posing a threat to their sustainability and goals. By examining Muhame Financial Services as a case study, the research aimed to assess how credit management policies influence loan repayment performance. Specifically, the study investigated the impact of credit terms, client appraisal, and credit collection policies on loan repayment performance. The research design employed was descriptive, with respondents consisting of purposively selected staff members and clients chosen through simple random sampling, resulting in a total of 80 participants. Questionnaires were used to collect primary data. Based on the findings, it was concluded that there exists a positive relationship between credit terms, client appraisal, credit collection, and loan repayment. The study suggests that Muhame Financial Services should delve into the reasons behind repayment defaults and address the challenges faced by credit officers to mitigate this trend. The researcher also recommended that MFS management should assemble a highly skilled team to research and implement effective credit management policies. Additionally, providing training for their staff, particularly credit officers, is advised. Allocating sufficient resources, including adequate funds for the management of loans, is crucial for enhancing loan repayment performance.
Debtors Management and Financial Performance on Microfinance Finance Institutions: A Case Study at Pride Microfinance, Bukoto
(Uganda Christian University, 2023-09-19) Lydia Akiror
The management of a firm’s liquidity is necessary for all businesses, small, medium or large. When a business does not manage its liquidity well, it will have cash shortages and as a result, they experience problem paying its obligations when they fall due. Debtors’ management is important because of its effect on the firm’s profitability and risk, and consequently its value. To boost the growth of micro finance institutions sector, debtors’ management must be put at the fore front since it forms the basis of almost each and every activity and thus it should be fully implemented in all levels of the organization, this will help shift the focus from following on doubtful debts to new ways of doing business, the main objective of debtors’ management is to increase shareholder’s wealth and as well as the firm’s profits. However, according to (Munyiri,2006) debtors’ management challenges continue to hinder the achievement of objectives and has led to poor performance, too much funding and failure to do background check up before appraisal is done, this has led to some branches closing due to lack of business and too much debt as the commercial banks are striving in the money market their counterparts in micro finance sector are struggling to recover the outstanding amounts leading to poor performance. According to (Gathurithu,2011) micro finance institution offer similar services like banks but their performance is not something to be proud of. It is against this background that I conducted a study on debtor’s management and financial performance of micro finance institutions. The general objective of the study was to find out how debtors management affects the financial performance of pride micro finance while the specific objectives were: to find out whether credit extension policies affects the financial performance, to examine how debt monitoring and control affects the financial performance and to assess the effect of debt collection policy on financial performance of pride micro finance
Effect of Mobile Money Technology on Performance of Small and Medium Enterprises in Mukono Municipality.
(Uganda Christian University, 2023-09-08) Hope Karigirwa
This study set to examine mobile money technology and the effect it has on Small and Medium Enterprises in Mukono Municipality. The study examined the influence of mobile payments on SMEs, established the influence of mobile finance on SMEs and determined the effect of mobile banking on the performance of SMEs in Mukono Municipality. A descriptive survey design using a sample of 108 respondents was adopted. Simple random sampling technique was used to select the respondents and data was collected using well designed structured questionnaires. Findings reveal that SMEs accept payments through mobile money from their clients and this is revealed by a mean value of 3.6204. It was found that the presence of mobile finance relieves SMEs from the problem of having to open a bank account as shown by mean value of 3.5630. The study also found that mobile banking enables SMEs to withdraw cash from their bank account and this is shown by the mean value of 3.6944. In addition, mobile money services have positive correlation to the growth of SMEs equal to 0.837 and the p-value is .000 which is less than 0.01. In conclusion, there is a strong positive relationship between mobile payments, mobile finance, mobile banking, performance, and the effect on SMEs. The study recommends that SMEs should put emphasis on mobile payments in order to make business to transfer when making purchases from suppliers, customer to the business transfers when customers buy goods from the business and for debt collection and for credit sales so as to ensure improved performance. SMEs should use mobile finance services so as to assist them to pay for their insurance premiums, accumulate assets and obtain credit. In addition, SMEs should also use mobile banking (m-banking) to undertake financial transaction linked to their account and have access to services such as performing balance checks, account transactions, payments, credit applications and other banking transactions through a mobile device.
Effect of Mobile Money Technology on Performance of Small and Medium Enterprises in Mukono Municipality.
(Uganda Christian University, 2023-09-06) Hope Karigirwa
This study set to examine mobile money technology and the effect it has on Small and Medium Enterprises in Mukono Municipality. The study examined the influence of mobile payments on SMEs, established the influence of mobile finance on SMEs and determined the effect of mobile banking on the performance of SMEs in Mukono Municipality. A descriptive survey design using a sample of 108 respondents was adopted. Simple random sampling technique was used to select the respondents and data was collected using well designed structured questionnaires. Findings reveal that SMEs accept payments through mobile money from their clients and this is revealed by a mean value of 3.6204. It was found that the presence of mobile finance relieves SMEs from the problem of having to open a bank account as shown by mean value of 3.5630. The study also found that mobile banking enables SMEs to withdraw cash from their bank account and this is shown by the mean value of 3.6944. In addition, mobile money services have positive correlation to the growth of SMEs equal to 0.837 and the p-value is .000 which is less than 0.01. In conclusion, there is a strong positive relationship between mobile payments, mobile finance, mobile banking, performance, and the effect on SMEs. The study recommends that SMEs should put emphasis on mobile payments in order to make business to transfer when making purchases from suppliers, customer to the business transfers when customers buy goods from the business and for debt collection and for credit sales so as to ensure improved performance. SMEs should use mobile finance services so as to assist them to pay for their insurance premiums, accumulate assets and obtain credit. In addition, SMEs should also use mobile banking (m-banking) to undertake financial transaction linked to their account and have access to services such as performing balance checks, account transactions, payments, credit applications and other banking transactions through a mobile device.
Effect of Taxation on Financial Performance of Small and Medium Enterprises in Kayunga: A Case of Kayunga Town Council
(Uganda Christian University, 2023-09-26) Charles Sokiri
The study examined the effect of taxation on financial performance of SMEs taking a case of Kayunga town council to establish the relation between taxation and financial performance that has been largely not been considered by the SMEs. It was guided by three research objectives; i) to find out the effect of tax rates on the financial performance of Small and Medium Enterprises in Kayunga town council; ii) to determine the effect of tax policies on the financial performance of Small and Medium Enterprises in Kayunga town council and iii) to examine the effect of tax reforms on financial performance of Small and Medium Enterprises in Kayunga town council Using a cross sectional design on a sample of 80 respondents, the study employed both self – Administered Questionnaires and interview guide and collected both Primary qualitative as well as quantitative data which was processed using SPSS Version (20). A descriptive research design was used with qualitative and quantitative research approaches. Registering a response rate of 70%, the results of Pearson‟s two tail statistic revealed that all the study variables rates , policies and reform respectively had a negative significant relationship with financial performance of SMEs in Kayunga town council with correlation coefficients of r= 0.793, p<0.01, r= 0.803, p<0.01) and (r= 0.686, p<0.01).Relatedly, regression analysis revealed that tax rates and tax reforms negatively affect financial performance with net contributions of 49.7% to 25.8% on financial performance of SMEs. The researcher concluded that on the overall, financial services accounts for 74.5.7% of the variation in financial performance of the SMEs at Kayunga town council and that whereas tax rates and reforms negatively affect financial performance, tax policies show the highest percentage. The research thus, recommends that since tax rates and policies have the biggest positive contribution to financial performance of SMEs, the SMEs players in the region with the impact of taxation on financial performance of SMEs in Kayunga Town council and increase the financial knowledge of the members that in return improves the capacity to make better decisions regarding finance of SMEs
Effect of Taxation on the Performance Of Small and Medium Size Enterprises (SMEs) in Naalya Kira- Municipality, Wasikso District.
(Uganda Christian University, 2023-09-07) Emannuel Ivu Dramani Bisso
This research study investigates the impact of taxes on the financial performance of small scale businesses in Naaliya market-Kira municipality wakiso district Uganda. The study is motivated by the increasing tax burden on SMEs in Uganda, which has led to the winding up of some small scale business enterprises. The study employs a mixed-methods approach, including interviews, surveys, and observation, to collect data from SMEs in Naaliya market. The findings reveal that SMEs in Uganda face multiple taxes, including income tax, value-added tax, and local taxes, which significantly affect their financial performance. The study identifies tax policy, level of technology, government policy, tax ignorance, and level of infrastructure as the key independent variables that affect the performance of SMEs. The study recommends that the government should simplify the tax system, reduce tax rates, and provide tax incentives to SMEs to promote their growth and development. The study concludes that reducing the tax burden on SMEs is crucial for promoting economic growth, creating jobs, and reducing poverty in Uganda. This research study provides valuable insights into the challenges faced by SMEs in Uganda and offers practical recommendations to improve their financial performance.
Effect of Value Added Tax on the Growth of Small and Medium Scale Businesses in Uganda
(Uganda Christian University, 2023-09-06) Heron Akello
This study is aimed at examining the effect of Value Added tax on the growth of small and medium scale businesses in Uganda. This dissertation in a broad spectrum consists of five chapters entailing an explanation of the topic of study. The content of all chapters is broadly explained as constructed from the theoretical and practical basis of the work done during the research period ended. In chapter one, to achieve this purpose, specific objectives of the study were developed to: determine the effect of tax shifting, examine the effect of sold off VAT, determine the effect of input VAT and examine the effect of output VAT on the growth of small and medium scale businesses. The introduction, background of the topic and the problem statement are also explained. In chapter two, the literature review shows how the topic of study relates to other researchers and how their objectives have been achieved in relation to the topic as well as if the recommendations stated have been analyzed or the identified problems solved. The study was carried out using questionnaire and interview approaches as one of the methodologies for collecting data. A sample size of 100 was chosen and this had a 90% response and the collected data was analyzed using both qualitative and quantitative techniques like mean, standard deviation and regression analysis. Furthermore, the collected data is presented using different tables and figures like charts that show the data quantitatively and description as qualitative. The collected data is analyzed using different techniques which are explained in this chapter and the corresponding findings. Findings show that there was a positive correlation between the objectives of Value Added Tax and the growth of small and medium scale businesses in Uganda. Lastly, the summary of the topic under study is explained based on the specific objectives, discussions of the findings of the collected data, conclusions created based on the specific objectives of the study and the recommendations for further studies of the topic. More business owners should be sensitized about value added tax as this will ease the payment and collection of tax hence increase government revenue through taxation.

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