ADOK JOLLY CHARITY2025-09-192025-09-192025-09-16https://hdl.handle.net/20.500.12311/2966This study assessed the effectiveness of internal control procedures in preventing inaccurate financial reporting in Colline Hotel. The specific objectives of the study were to examine the effectiveness of internal audit in preventing inaccurate financial reporting, to assess the effectiveness of risk assessment in preventing financial reporting inaccuracies and to investigate the effectiveness of segregation of duties in preventing inconsistent financial reporting. A descriptive cross-sectional design using both quantitative and qualitative approaches was used to collect a sample of 50 respondents. The researcher used questionnaires to collect data. The measurement of central tendency was used to analyse quantitative data and regression and correlation analysis technique for qualitative data. A good relationship between internal audit and financial performance was found out during the study. The study is shows a high positive significance relationship between risk assessment and financial performance. Also, a high positive significant relationship between segregation of duties and financial performance is shown by the study. The conclusion drawn by the study is that the existence of internal control mitigates possibility of committing fraud among the staff members and any other members of the organization. The management of any organization is capable and has a task of putting up internal control system and its performance monitoring. The system should be proficient for the purpose of detecting and preventing inaccurate reporting and when this happens effectively, most organizations will be in position to financially perform well. There should be properly accessible and its performance well inspected consistently by the management for proficient performance. Internal control procedures have a vital role in providing precise measurement of data. This study recommends that organizations should pay careful attention to monitoring and evaluating through provision of independent checks of processes and evaluation of activities consistently and making sure that internal reviews of establishment of internal control systems within functions are administered regularly.enThesis