OFWONO MICHAEL2024-10-302024-10-302024-09-18https://hdl.handle.net/20.500.12311/2091For the purpose of this study the researcher sought to determine the effect of internal audit on financial performance of commercial banks in Uganda. The specific objectives of the study were to: determine the role of internal audit, effect and relationship between internal audit and financial performance of commercial banks in Uganda. Chapter two aimed at illustrating the conceptual review, empirical , critical and summary of all the review. Chapter three covered the methodology the researcher used in the field to collect data where the study adopted a descriptive cross-sectional research design. The population of the study consisted of the workers in Stanbic bank Mukono branch and thus from a targeted population of 43 members and using the Slovene’s formula, the researcher was able to come up with an appropriate sample size of 20. Data was mostly collected by the help of self-administered and guided questionnaires which was later edited, coded, tabled and made ready to be presented and interpreted. Chapter four then discussed the interpretation and presentation of the findings obtained from the field and thus data collected for the study were analysed by the researcher using frequency counts, mean scores and standard deviation. Data presentation was done by use of tables for ease of understanding and interpretation. Chapter five provided a summary, conclusion and recommendations of the main findings where the analysis revealed that internal audit control and procedures have a positive effect on financial performance of commercial banks in Uganda. The study recommended that management in commercial banks in Uganda should adopt effective internal audit practices such as internal auditing standards, independence of internal audit, professional competency and internal controls to enhance financial performance of the banks.enThesis